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Amazon CEO Bezos: Big companies should be supervised but should not be smashed

via:CnBeta     time:2018/9/16 9:31:20     readed:324

Bezos said at an event held at the Economic Club in Washington that he believes that big companies like Amazon should be supervised, but should not be "smashed" by politicians.

In the interview, Bezos did not disclose which city Amazon would choose to build its second headquarters, but said that the final site selection could be decided before the end of this year, which made the Washington DC audience somewhat disappointed.

Amazon has previously announced 20 shortlists, including Washington, DC in northern Washington, and Montgomery County, Maryland.

Bezos also talked about his new charity promise. Jeff Bezos and his wife, Mackenzie, will set up a body called Bezos Day One Fund, which plans to allocate $2 billion to support existing non-profit organizations that help homeless people. The income community created a network of non-profit preschools using the Montessori teachings.

The “Day One Fund” is divided into two parts, “Day One Family Fund” and “Day One Academic Fund”, the former is dedicated to helping homeless people, and the latter plans to build non-profit kindergartens in low-income communities.

Bezos is currently the richest man in the world, with a net worth of about $160 billion. Earlier this month, Amazon's market capitalization exceeded $1 trillion and became the second technology company with a market capitalization of $1 trillion.

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