Amazon founder Jeff Bezos has pledged to give away the majority of his $124 billion fortune to help fight “climate change” and “inequality.”
Bezos told CNN he would donate his wealth to fighting climate change and reducing inequality.
Other billionaires have promised to give their money away, incldue investor Warren Buffett, Microsoft founder Bill Gates and Mr. Bezos’s ex-wife MacKenzie Scott.
The news comes after Jeff Bezos donated $100m to the country music star and philanthropist Dolly Parton for charitable causes.
CNN asked the billionaire businessman if he intended to give away most of his wealth within his lifetime, and he replied, “Yeah, I do.”
“The hard part is figuring out how to do it in a levered way,” Bezos said.
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He added that he and his partner, Lauren Sanchez, were “building the capacity to be able to give away this money.”
As the BBC noted:
The move came after Jeff Bezos and other entrepreneurs were criticized for spending vast amounts of money on trips into space instead of solving problems on Earth. Amazon has also been criticised in the past by its workers over its record on climate change.
Bezos became one of the wealthiest people on the planet after Amazon, the internet retailer he founded in 1994, became a global phenomenon.
He stepped down as Amazon’s chief executive in 2021 but remained chairman of its board. He also owns the Washington Post newspaper and space tourism company Blue Origin.
Bezos gave Dolly Parton the Bezos Courage & Civility Award, recognizing leaders who “pursue solutions with courage and civility.”
Ms. Parton, who has supported causes such as child literacy, can donate the cash to the charities of her choice.
“We couldn’t have thought of someone better than to give this award to Dolly, and we know she’s going to do amazing things with it,” Ms. Sanchez told CNN.
In a video of the ceremony posted online, Ms. Parton said, “Wow! Did you say $100m?”
She added: “I think people who are in a position to help should put their money where their heart is. I will do my best to do good things with this money.”
With these billionaire elites trying to dictate how the world is run and what they believe its time for governments to start confiscating most of their wealth. These people are richer and more powerful than most countries, while never having a conversation with the average person. 100million is enough to live on. I can make the case that each of them has gained the system by payoffs to politicians and influencers. They steal while adding very little to society. Their charity’s do more harm than good and also help them get more wealth with tax write offs. None of them help directly like your friends or neighbors do. If we let them keep going they will enslave the people who will no longer have any freedom of how and when they live.
My Neighbor burns leaves , I need 72 million in relief Jeff.
Oh, please do and stop with the private jets and your personal cruise ships that require bridges to be removed in order for them to reach open water.