Jeff Bezos says he plans to give away most of his wealth | CBC News


Amazon.com Inc. founder Jeff Bezos will give away a majority of his $124-billion US wealth throughout his lifetime, the billionaire instructed CNN in an interview on Monday.

With out offering additional particulars, Bezos stated he and associate, journalist-turned-philanthropist Lauren Sanchez, had been “constructing the capability to have the ability to give away this cash.”

The billionaire has dedicated $10 billion to battle local weather change and defend nature by the Bezos Earth Fund, the place he’s the manager chair. The initiative to fight local weather change was introduced in 2020.

The fund didn’t instantly reply to a Reuters request for remark.

Whereas gentle on specifics, the pledge to provide away most of his wealth can be related in nature to these made by Microsoft co-founder Invoice Gates and investor Warren Buffett.

Bezos award goes to Dolly

Bezos and Sanchez introduced on Saturday that nation music star and philanthropist Dolly Parton would obtain $100 million by the Bezos Braveness & Civility Award, an quantity that she will then donate as she sees match.

“I attempt to put my cash the place my coronary heart is. I’ll do my finest to do good issues with this cash,” Parton stated on Twitter whereas thanking Bezos for the honour.

Bezos, who stepped down as chief govt of Amazon in 2021, owns about 10 per cent of the ecommerce big, together with the information group Washington Put up and the area tourism firm Blue Origin.

He shares 4 kids with former spouse MacKenzie Scott, who since their cut up has given billions of her wealth to an assortment of nonprofits, authorized assist organizations and faculties.

Leave a Comment