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Home News Latest Stories

Jezz Bezos Gives Most Of His $124 Billion Wealth In His Lifetime: Report

Jatin Batra by Jatin Batra
November 14, 2022
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Jezz Bezos To Give Most Of His $124 Billion Wealth During Lifetime: Report
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Jeff Bezos stepped down as CEO of Amazon in 2021, owning about 10% of the company.

Jeff Bezos, the founder of Amazon.com Inc, will give away much of his $124 billion net worth during his lifetime, the billionaire told NewsMadura in an interview Monday.

Without giving further details, Bezos said he and partner journalist Lauren Sánchez “built the capacity to give this money away”.

The billionaire has pledged $10 billion to fight climate change and protect wildlife through the Bezos Earth Fund, where he serves as the executive chairman.

The fund did not immediately respond to a request from Reuters for comment.

Country music star and philanthropist Dolly Parton received $100 million through the “Bezos Courage & Civility Award,” an honor that recognizes leaders who “pursue solutions with courage and courtesy,” he said on Twitter on Saturday.

Bezos, who stepped down as CEO of Amazon in 2021, owns about 10% of the e-commerce giant, along with news organization Washington Post and space tourism company Blue Origin.

(Except for the headline, this story has not been edited by NewsMadura staff and has been published from a syndicated feed.)

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