Jeff Bezos- Amazon Founder to give away $124 Billion wealth to charity

Critics have previously accused Jeff Bezos of not signing the Giving Pledge

Amazon founder Jeff Bezos decided to give away most of his wealth to charities focused on climate change and social and political discrimination. According to Forbes, Bezos is the fourth wealthiest person in the world, with a net worth of $124 billion.

This is a substantial philanthropic gesture from someone who has made his fortune by amassing vast wealth.

Bezos and his partner, journalist-turned-philanthropist Lauren, in an exclusive interview with CNN Sanchez, said they plan to hand over most of their wealth during Bezos’ lifetime and that the couple is now “giving it away. “We are building. Our capacity is for financial assistance.

Jeff Bezos founded Amazon in 1994 and has grown it into one of the world’s largest online retailers.

Their most significant issue is deciding how to distribute their vast wealth.

“The critical part is figuring out how to leverage it,” he says. Exploring the Amazon was a challenging task. It requires much hard work. I have brilliant teammates and a lot of hardworking teammates. This is very similar. “

“I think you can do something that doesn’t work,” he added.

However, he refused to specify how, where and what percentage of his money.

Bezos has donated $10 billion, or about eight percent of his present net worth, to the Bezos Land Fund, co-chaired by Sanchez, over ten years. Its priorities include reducing the carbon footprint of cement and construction steel. Encourage financial regulators to consider climate-related risks—advances in data and mapping techniques for monitoring carbon emissions. A CNN report pointed to the scale construction of a natural plant carbon sink.

Bezos and Sanchez reached an agreement for the first time since their relationship began in 2019.