Story By Joe Frank

Aug 12 2023

Bezos and Sanchez Pledge $100 Million for Maui Restoration

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Jeff Bezos and Lauren Sanchez, have pledged to donate $100 million towards restoration in Maui following devastating wildfires.

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The deadly wildfires on Maui prompted Bezos and Sanchez to express their sorrow through an Instagram post.

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Sanchez mentioned that they are establishing a fund not only for immediate relief but also for the long-term recovery of Maui.

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Bezos, whose net worth stands at around $163 billion, owns a property on La Perouse Bay at Maui's southern tip.

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Lauren Sanchez, stressed the importance of both immediate aid and the subsequent rebuilding efforts.

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The historic town of Lahaina on Maui has been severely affected by fast-spreading fires, resulting in the loss of many lives.

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Officials anticipate that the death toll will rise further as search crews continue to sift through the wreckage.

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AccuWeather Inc. has estimated the economic damage caused by the wildfires to range between $8 billion and $10 billion.

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President Joe Biden has declared a major disaster in Maui, allowing federal funds to be allocated for supporting.

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The Federal Emergency Management Agency (FEMA) is actively involved in the recovery process.

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Next story: "Connie Britton Stands With Maui Amid Devastating Wildfires"

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