Jeff Bezos says he plans to current away most of his wealth

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

with out offering extra particulars, Bezos acknowledged he and companion, journalist-turned-philanthropist Lauren Sanchez, had been “constructing the performance to have the flexibility to current away this money.”

The billionaire has dedicated $10 billion to wrestle local climate change and shield nature by the Bezos Earth Fund, the place he is the chief chair. The initiative to fight local climate change was introduced in 2020.

The fund did not immediately reply to a Reuters request for remark.

whereas mild on specifics, the pledge to current away most of his wealth could be associated 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 receive $one hundred million by the Bezos braveness & Civility Award, an quantity that she will then donate as she sees match.

“i try to place my money the place my coronary heart is. i am going to do my best to do good issues with this money,” Parton acknowledged on Twitter whereas thanking Bezos for the honour.

Bezos, who stepped down as chief authorities of Amazon in 2021, owns about 10 per cent of the ecommerce massive, collectively with the information group Washington put up and the space tourism agency Blue Origin.

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

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