September 20, 2024

The World Opinion

Your Global Perspective

Jeff Bezos says he plans to provide away maximum of his $124 billion fortune

Emma McIntyre | Getty Photographs Leisure | Getty Photographs

Billionaire Amazon founder Jeff Bezos just lately stated he plans to provide away the “majority” of his fortune.

Bezos’ feedback had been made in an interview with CNN on Saturday, when he stated he plans to make use of his wealth to combat local weather trade and to make stronger societal “unifiers.” Bezos is value about $124 billion, consistent with the Bloomberg Billionaires Index.

In a dialog with CNN, Bezos introduced few specifics of his plans, as an alternative that specialize in a imaginative and prescient to provide generously to people who paintings to combat “department” in American politics and public existence. No timeline or explicit buck quantity used to be given.

“The arduous phase is determining the best way to do it in a levered approach,” Bezos advised CNN.

Bezos and his spouse Lauren Sanchez additionally awarded a $100 million grant to pop icon Dolly Parton to be distributed to charities of Parton’s selection. Bezos made a an identical donation in 2021 to CNN contributor Van Jones and chef Jose Andres.

Not like a few of his billionaire friends, together with his ex-wife MacKenzie Scott, Bezos has now not signed the Giving Pledge, a promise by way of one of the wealthiest other folks on the earth to donate maximum in their fortunes to charity. The Giving Pledge used to be began by way of Invoice Gates and Warren Buffett. CNBC reached out to Bezos Expeditions for remark however didn’t straight away obtain a reaction.

Bezos dedicated $10 billion bucks to the Bezos Earth Fund in 2020, and by way of October 2021 had given away $947 million thru the similar.