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Effective Philanthropy: That’s what Jeff Bezos wants to do with his $122 billion fortune

Bezos thinks that there are many ineffective ways of philanthropy and wants to avoid them as he prepares to give away all his wealth.

Amazon founder Jeff Bezos told during a short interview with CNN

With this announcement, Bezos joins the list of other billionaires in the world, such as Bill Gates, who have decided to give away their wealth during their lifetimes. After expressing his desire to remove himself from the list of billionaires, Gates donated $6 billion to his Foundation, which runs programs across the world.

Other billionaires like Elon Musk have also donated to their own foundations or trusts, but Bezos has been criticized in the past for not signing up for not committing to any such move, even when he was the richest person in the world.

Elon Musk has pulled more than 50 Tesla employees into his Twitter takeover

But do they really have the necessary skillset?The new CEO of Twitter, Elon Musk, has authorized 50 employees from his other companies, such as Tesla, SpaceX, and the Boring Company, to help him handle matters at the social media company, according to a report by CNBC.


Musk has billed himself as a free speech absolutist, but he has to balance those wishes with laws and business realities. He said in an open letter to advertisers last week as he was taking over the company: “Twitter obviously cannot become a free-for-all hellscape, where anything can be said with no consequences.”

It is not immediately clear how Tesla employees are expected to split their schedules between the automaker and Twitter.

Typically, when Tesla employees work for other Elon Musk ventures, usually SpaceX or the Boring Company, they can get paid by the other venture as a consultant. Some of Musk’s employees have full-time roles at more than one of his businesses. For example, Tesla Vice President of Materials Charlie Kuehmann, is concurrently a vice president at SpaceX.

With all this focus on Elon Musk and Twitter, you may have missed this one from Twitter

The White House deleted a tweet after it was fact checked by not only Twitter, but CNN’s fact-checker Daniel Dale. Elections to me are often more comedy than content. Ironically the White House and all who want the blue tic authenticity will have to pay Musk whether they like it or not. The exodus should be interesting to watch, but if Musk makes some magic on Twitter, many may have to join again and pay to have relevance on Twitter, so Musk’s main focus right now should be on features. If it should be on something else, by all means tell me what has more value. I said focus on Twitter as there is no need to tell competitors everything but the kitchen sink (that Musk brought in on day one). Its nice to watch people find one feature try to respond, not knowing many features are coming before they can even implement one. Its a psychological war that can have someone beat, and thinking they can’t compete. MySpace has been better than Facebook. Drake was discovered on MySpace, not Facebook. Yet MySpace hasn’t been able to capitalize on such realities. Transmeta also could not focus on it’s strengths, and Intel easily beat them.

Elon Musk’s Starlink buys ad time on Elon Musk’s Twitter

The employees past and present are calling it a Twitter “takeover.”

Elon Musk, in a move to wrap himself up in a blanket of his own financing, has bought ad space on Twitter. SpaceX bought the ads for Starlink, and they will play on top of the Twitter platform’s feed for one day in Spain and Australia.

In a tweet in reply to another Twitter account Musk said of the deal, “SpaceX Starlink bought a tiny — not large — ad package to test effectiveness of Twitter advertising in Australia & Spain. Did same for FB/Insta/Google,”


Getty Images.

The reporting is from sources at CNBC.

Elon Musk fans have created a $600,000 GOAT monument dedicated to their hero

Diehard Elon Musk fans have created a 30-foot-long monument dedicated to their hero – and it cost them over half a million pounds ($600,000).

The unique piece sees the richest man in the world’s head attached to a goat’s body while riding a rocket.

It’s the brainchild of cryptocurrency firm Elon GOAT Token ($EGT), who later this month plan to present it to the billionaire at his Tesla workplace in Austin, Texas.

The Naval Fleet of Drones

I’ve funded Ukraine media, the Ukraine army, and now I just funded the Ukraine navy. The navy part is extra interesting because it is “the world’s first naval fleet of drones”. That is pretty futuristic!

As Elon Musk said, “Future wars are all about the drones.”


Small and fast unmanned ships 3 russian vessels were damaged, including the Admiral Makarov, flagship of the russian Black Sea Fleet. This is the first case in history where the attack was carried out exclusively by unmanned vessels.

The result of this daring operation was incredible — russia has lost its undeniable advantage on the water. The killers of Ukrainian civilians — warships armed with missiles — became targets themselves.

Today, Ukraine starts assembling the world’s first Naval Fleet of Drones!

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