Amazon founder Jeff Bezos plans to give away most of his $124BN fortune during his lifetime. In an interview with CNN, Bezos was questioned if he intended to donate the majority of his money to cha…
In an interview with CNN, Bezos was questioned if he intended to donate the majority of his money to charitable causes, to which he replied: “Yeah, I do.”
Bezos, who is the fourth-richest person in the world, has been criticized for not signing the Giving Pledge, a campaign founded by Warren Buffett and Bill Gates to encourage the wealthiest to give most of their money to charity.To this point, he had not specified his plans for his fortune, though he had committed around $10BN to the Bezos Earth Fund.
“There are a bunch of ways that I think you could do ineffective things, too, so we’re building the capacity to be able to give away this money.”Elsewhere in the interview, Bezos said the current global financial turmoil meant it was sensible for consumers and businesses alike to “take some risk off the table.
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