Amazon founder Jeff Bezos has said he plans to give away the majority of his $124 billion net worth over his lifetime, he said in an interview with CNN.
Bezos has ensured that his interests lie in giving his money to fight climate change and “support the people who can unify humanity”. in the face of deep social and political divisions.
While Bezos’ pledge was light on the details, this is the first time he’s announced he plans to give away most of his money. Critics have berated Bezos for not signing the Giving Pledge, a pledge by hundreds of the world’s richest people to donate most of your wealth to charitable causes,” they explained on CNN.
The statements were made in an interview on Saturday at Bezos’ home in Washington, DC. Along with his partner, journalist turned philanthropist Lauren Sanchez, the billionaire said the couple are “building the capacity to be able to give this money awayWhen asked directly by CNN whether he intends to donate most of his wealth during his lifetime, Bezos replied, “Yes, I will.”
The 20-minute exchange with Bezos and Sánchez covered a wide range of topics, from Bezos’ views on political dialogue and a possible economic downturn to Sánchez’s plan to visit space with an all-female crew and her thoughts. thriving trade association with Bezo.
As for who would be the beneficiary, both referred to the fight against climate change, along with the “Political Unity”. “Unity, Bezos said, is a trait that will be needed to address climate change and one that he has repeatedly invoked as he criticized politicians and social media for amplifying division,” quotes CNN.
how to donate it
Interestingly, the couple’s biggest challenge may be discovery how to distribute the large Bezos fortunewhich also did not provide a specific percentage.
Despite being the fourth richest person in the world, according to the Forbes Billionaires Index, Bezos has refrained from setting a specific amount to give away during his lifetime.
“The hard part is finding the way to do it in a leveraged wayhe said, implying that even as he gives away his billions, he’s still trying to maximize his return.
“It’s not easy. Building Amazon hasn’t been easy. It’s taken a lot of hard work, a lot of very smart teammates, hard working teammates, and I’m finding, and I think Lauren is finding the same thing, that institution charity, philanthropy, It’s very similarhe has declared.
“There are many ways I think you might as well do things that are ineffective,” he added. “So you have to think about it carefully and you have to do it have brilliant people in the team”.
Bezos’ methodical approach to giving positions contrasts sharply with that of his ex-wife, philanthropist MacKenzie Scott, who recently donated nearly 4 billion dollars to 465 organizations in less than a year.
The priorities
As he explained, among his priorities is reducing the carbon footprint of concrete and steel for construction, putting pressure on financial regulators consider the risks associated with weather conditionsthe advancement of mapping and data technologies to monitor carbon emissions; and the construction of large-scale plant-based natural carbon sinks.
Although Bezos is now the chief executive officer of Amazon (AMZN) and not its CEO (he stepped down from that position in 2021, replaced by Andy Jassy), he is still involved in greening the company. Amazon is one of the most of 300 companies who are committed to reducing their carbon footprint by 2040 in line with the principles of the Paris climate agreement, Bezos said.
However, Amazon’s (AMZN) footprint has grown to 18% in 2021, which reflects a pandemic-related increase due to booming trade. Bezos likened the philanthropic strategy to his years-long effort to build a “titanic e-commerce and cloud computing engine” that made him one of the most powerful people in the world.
Source: Clarin
