Amazon founder Jeff Bezos plans to give most of his £110bn fortune away

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Chippy_Tea

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The world's second-richest man says he is "building the capacity" to help causes close to his heart, including the battle against climate change.

The Amazon founder, 58, is the world's second-richest man after Elon Musk, the Tesla boss and new owner of Twitter, according to Forbes.

This is the first time he has said he plans to give away most of his money.

Mr Bezos has been criticised in the past for not signing the Giving Pledge, a campaign founded by Warren Buffett and Bill Gates to encourage the mega rich to contribute most of their wealth to charity.

Mr Bezos told the US broadcaster that he and his girlfriend, the journalist-turned-philanthropist Lauren Sanchez, were "building the capacity to be able to give away this money".

He said the money would go to causes that work to tackle climate change and to support people who can unify humanity.

It was announced a week ago at the start of the COP27 summit that his Bezos Earth Fund had pledged $1bn more by 2030 to help protect carbon reserves and biodiversity - building on $9bn of funds already committed to the climate cause.

Mr Bezos has more time on his hands to devote to his passions after stepping down as chief executive of Amazon last year.

https://news.sky.com/story/amazon-f...-give-most-of-his-124bn-fortune-away-12747415
 
I read this morning that he is giving Dolly Parton $100m. Poor lady must be struggling 😂
 
And all while laying off 10,000 staff.
 

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And all while laying off 10,000 staff.
Surely they will be employing loads at this time of year. I was speaking to someone last week who had a tour of one of their distribution centres down south somewhere. Apparently at Xmas they employ an extra 20000 staff at that one site alone.
 
Surely they will be employing loads at this time of year. I was speaking to someone last week who had a tour of one of their distribution centres down south somewhere. Apparently at Xmas they employ an extra 20000 staff at that one site alone.
I presume the people hired this time of year are zero hour temporary contracts. The 10,000 lay offs will be corporate and technology.
 
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