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

Billionaire Amazon founder Jeff Bezos 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 change and to help societal “unifiers.” Bezos is price about $124 billion, in line with the Bloomberg Billionaires Index.

In a dialog with CNN, Bezos supplied few specifics of his plans, as an alternative specializing in a imaginative and prescient to provide generously to people who work to combat “division” in American politics and public life. No timeline or particular greenback quantity was given.

“The arduous half is determining methods to do it in a levered method,” Bezos instructed CNN.

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

In contrast to a few of his billionaire friends, together with his ex-wife MacKenzie Scott, Bezos has not signed the Giving Pledge, a promise by a few of the wealthiest individuals on this planet to donate most of their fortunes to charity. The Giving Pledge was began by Invoice Gates and Warren Buffett. CNBC reached out to Bezos Expeditions for remark however didn’t instantly obtain a response.

Bezos dedicated $10 billion {dollars} to the Bezos Earth Fund in 2020, and by October 2021 had given away $947 million by way of the identical.