Jeff Bezos to fund schools where 'child will be the customer' with new charity

Amazon CEO will launch $2bn fund to help homeless families and low-income communities

Amazon chief Jeff Bezos is launching a $2bn fund to help homeless families and build a network of preschools, saying the "child will be the customer" in his philanthropy announcement.

The tech founder and the world's richest man unveiled the Bezos Day One Fund on Thursday. He said he would fund existing organizations that aid homeless people and pledged to build new not-for-profit schools to serve low-income communities.