To the question “Do you plan to donate the majority of your fortune during your lifetime?” the entrepreneur answered: “Yes”.
This is the first time that the 58-year-old businessman has made such a commitment publicly. In particular, he did not sign the “Donation Pledge”, an initiative launched in 2010 by Americans Warren Buffett and Bill Gates which encourages billionaires to give more than half of their wealth to charities.
A hell of a budget
According to Bloomberg, Jeff Bezos is currently worth $124 billion, making him the fourth richest person in the world.
It was once at the top of the charts but its fortunes, largely tied to Amazon’s, have declined as the company’s stock has fallen over the past year.
Jeff Bezos also owns the daily Washington Post, the space company Blue Origin and the Bezos Earth Fund, a fund dedicated to the planet that he launched in 2020 by endowing it with 10 billion dollars.
To be efficient
The entrepreneur wants to ensure that his donations are used as efficiently as possible. “We are building the capacity” to do so, he said during the interview where he appeared alongside his partner Lauren Sanchez.
Jeff Bezos and Lauren Sanchez, for example, awarded a $100 million charitable prize to country musician Dolly Parton. Honored for her charitable work, she will be able to allocate this amount to an organization of her choice. With the Dollywood Foundation, the singer supports financially vulnerable regions in the southern United States.