Jeff Bezos pledges to give most of his $121 billion to charity, says philanthropy is ‘really hard’
Jeff Bezos said he plans to give away most of his estimated $121 billion fortune during his lifetime but added that it’s “really hard” to donate money effectively.
In response to a question during a Monday interview on “CNN This Morning,” the Amazon AMZN founder said he planned to part with most of his wealth. Bezos also noted that building Amazon “was not easy,” and that he and Lauren Sanchez, his partner and the vice chair of the Bezos Earth Fund, have experienced a similar learning curve in creating a charity organization.
Bezos, currently the fourth-richest person in the world according to Forbes, was relatively quiet about his philanthropy until a few years ago. His main causes are climate change, homelessness and preschool education. He said in 2021 that he would spend $10 billion over 10 years to address the climate crisis through his Bezos Earth Fund.
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