REUTERS/Abhishek N. Chinnappa
- Anand Giridharadas, author of Winners Take All, shares his thoughts on Bezos’ latest charity announcement.
- In light of the recent tech backlash, he said, Bezos has an opportunity to become the first “woke” billionaire philanthropist.
- To establish a new paradigm of corporate giving, the CEO must be willing to acknowledge his shortcomings.
In June 2017, Jeff Bezos issued a vague solicitation to his followers on Twitter: “I’m thinking about a philanthropy strategy that is the opposite of how I mostly spend my time — working on the long term,” he wrote. “If you have ideas, just reply to this tweet.”
More than a year went by before Bezos finally revealed his plan for a $ 2 billion charity fund led by him and his wife, MacKenzie Bezos. Once he did, the Bezos Day One Fund was hounded by critics as a strategic move to distract from a recent string of bad press.See the rest of the story at Business Insider
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