Amazon founder Jeff Bezos says he will give $124 billion net worth to Charity.

 


Amazon founder Jeff Bezos has announced that he will donate his $124 billion net. While interviewing the CNN international media, Bezos said he planned to donate 124 billion dollars. Bezos says he would donate his wealth to fighting climate change and reducing inequality.


Mr. Bezos revealed his plans after donating $100m to the country music star and philanthropist Dolly Parton to use for charitable causes.


He declined to provide details on where he would spend or donate the money but said: "The hard part is figuring out how to do it in a levered way." He intended to give away most of his wealth within his lifetime, Mr. Bezos told the network: "Yeah, I do."


 Other entrepreneurs were criticized for spending vast amounts of money on trips into space instead of solving problems on Earth. Amazon has also been criticized in the past by its workers over its record on climate change.


This is the first time that Bezos has announced such a considerable donation. Most rich people donated to various charities. Bezos was also criticized for not supporting a charitable organization called Giving Pleased. Especially Investors Warren Buffett, Microsoft founder Bill Gates, and Jeff Bezos' ex-wife Mackenzie Scott have donated their assets.

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