Amazon Founder Jeff Bezos Plans To Give Away His $124bn Fortunes


Amazon founder Jeff Bezos has announced that he is giving away his $124 billion fortune.

Bezos revealed this in a sit-down interview with CNN. He said he plans to donate the majority of his net worth to charities during his lifetime, and these funds will be dedicated towards fighting climate change, as well as supporting people who can help to heal political and social divisions.

When asked if he intends to donate the majority of his wealth within his lifetime, Bezos said "Yeah, I do."

Speaking alongside his partner, Lauren Sánchez, from his Washington DC home, Bezos added: 

"The hard part is figuring out how to do it in a levered way.

“It’s not easy. Building Amazon was not easy. It took a lot of hard work, a bunch of very smart teammates, hard-working teammates, and I’m finding — and I think Lauren is finding the same thing — that charity, philanthropy, is very similar."

He did not specify where the money would be spent, nor gave an exact percentage.

Bezos' announcement comes after he gave a $100million prize to singer Dolly Parton for her "love and compassion in every aspect of her work".


Chris Kehinde Nwandu is the Editor In Chief of CKNNEWS || He is a Law graduate and an Alumnus of Lagos State University, Lead City University Ibadan and Nigerian Institute Of Journalism || With over 2 decades practice in Journalism, PR and Advertising, he is a member of several Professional bodies within and outside Nigeria || Member: Institute Of Chartered Arbitrators ( UK ) || Member : Institute of Chartered Mediators And Conciliation || Member : Nigerian Institute Of Public Relations || Member : Advertising Practitioners Council of Nigeria || Fellow : Institute of Personality Development And Customer Relationship Management || Member and Chairman Board Of Trustees: Guild Of Professional Bloggers of Nigeria

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