Jeff Bezos says he is giving away most of his $124 billion fortune

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By James Kay

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Amazon founder Jeff Bezos has announced that he will give away the majority of his $124 billion fortune.

The 58-year-old has revealed that he will be donating the money to charities fighting climate change, but was quick to add that philanthropy is "very hard", CNN reports.

Sitting alongside his partner Lauren Sanchez, the fourth wealthiest person in the world stated that he wants to support people who can unify humanity whilst healing social and political divisions.

The businessman did not give any specifics as to how the money will be donated, but said they are: "Building the capacity to be able to give away this money".

He continued: "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 and I'm finding that philanthropy is very similar – it's not easy it's very hard.

"We are building the capacity to being able to give away this money. There are a bunch of ways that I think you could do ineffective things, too".

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Credit: Everett Collection / Alamy

The billionaire has already started to give away large sums of money to those he deems able to 'unify' humanity. Singer-songwriter Dolly Parton was recently on the receiving end of a $100 million grant.

The tycoon explained that the legendary singer has been given the money for her "love and compassion in work".

Check out the touching moment below: 

He went on: "Look at what she's done and how she's led her life. The way she's done it is by doing bold things, always with civility and kindness.

"She's a unifier, we have big problems in the world and the way big problems are dealt with is you have to work together".

The country music star is not the only one who has been given a large sum of money. CNN's Van Jones and celebrity chef Jose Andres have also received $100 million each.

Both men were on hand to collect their donation whilst in attendance at Bezos' space launch press conference. The Amazon creator told both men they can donate the money to whatever charities they like, including their own.

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Jose Andres, Jeff Bezos and Van Jones. Credit: Joe Skipper / Alamy

The CNN political contributor is a founder of Dream Corps which is a nonprofit for criminal justice reform, whilst the Spanish chef founded World Central Kitchen, a nonprofit which provides meals after natural disasters.

It is yet to be revealed how the rest of the fortune will be donated, but that amount of money could have a significant impact on the fight against climate change.

Featured image credit: OConnor / AFF-USA.com / Alamy

Jeff Bezos says he is giving away most of his $124 billion fortune

vt-author-image

By James Kay

Article saved!Article saved!

Amazon founder Jeff Bezos has announced that he will give away the majority of his $124 billion fortune.

The 58-year-old has revealed that he will be donating the money to charities fighting climate change, but was quick to add that philanthropy is "very hard", CNN reports.

Sitting alongside his partner Lauren Sanchez, the fourth wealthiest person in the world stated that he wants to support people who can unify humanity whilst healing social and political divisions.

The businessman did not give any specifics as to how the money will be donated, but said they are: "Building the capacity to be able to give away this money".

He continued: "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 and I'm finding that philanthropy is very similar – it's not easy it's very hard.

"We are building the capacity to being able to give away this money. There are a bunch of ways that I think you could do ineffective things, too".

wp-image-1263177910 size-full
Credit: Everett Collection / Alamy

The billionaire has already started to give away large sums of money to those he deems able to 'unify' humanity. Singer-songwriter Dolly Parton was recently on the receiving end of a $100 million grant.

The tycoon explained that the legendary singer has been given the money for her "love and compassion in work".

Check out the touching moment below: 

He went on: "Look at what she's done and how she's led her life. The way she's done it is by doing bold things, always with civility and kindness.

"She's a unifier, we have big problems in the world and the way big problems are dealt with is you have to work together".

The country music star is not the only one who has been given a large sum of money. CNN's Van Jones and celebrity chef Jose Andres have also received $100 million each.

Both men were on hand to collect their donation whilst in attendance at Bezos' space launch press conference. The Amazon creator told both men they can donate the money to whatever charities they like, including their own.

wp-image-1263177912 size-full
Jose Andres, Jeff Bezos and Van Jones. Credit: Joe Skipper / Alamy

The CNN political contributor is a founder of Dream Corps which is a nonprofit for criminal justice reform, whilst the Spanish chef founded World Central Kitchen, a nonprofit which provides meals after natural disasters.

It is yet to be revealed how the rest of the fortune will be donated, but that amount of money could have a significant impact on the fight against climate change.

Featured image credit: OConnor / AFF-USA.com / Alamy