32m ago

Jeff Bezos plans to give most of his R2 trillion fortune to charity

accreditation
Share
0:00
play article
Subscribers can listen to this article
Amazon and Blue Origin CEO Jeff Bezos.
Amazon and Blue Origin CEO Jeff Bezos.
MANDEL NGAN/AFP via Getty Images


Jeff Bezos, the founder of Amazon.com Inc. and the fourth-richest person in the world, said he plans to give away the bulk of his fortune, which stands at $124 billion (R2 trillion) according to Bloomberg calculations, during his lifetime. 

In an interview with CNN, Bezos said he would devote the bulk of his wealth to fighting climate change and supporting people who can unify humanity in the face of deep social and political divisions, according to the news organization.

Bezos, 58, has committed billions of dollars to charity, but the interview marks the first time he has said he would do it during his lifetime. Critics have chided Bezos for not signing the Giving Pledge, a promise by many of the world’s richest people to donate the majority of their wealth to charitable causes. 

His ex-wife MacKenzie Scott has sent more than $12 billion to nonprofits since the two split in 2019. Bezos has lost billions of his fortune as Amazon stock has tumbled amid a broader tech rout this year.


We live in a world where facts and fiction get blurred
In times of uncertainty you need journalism you can trust. For 14 free days, you can have access to a world of in-depth analyses, investigative journalism, top opinions and a range of features. Journalism strengthens democracy. Invest in the future today. Thereafter you will be billed R75 per month. You can cancel anytime and if you cancel within 14 days you won't be billed. 
Subscribe to News24