Amazon founder Jeff Bezos is giving away $124 billion fortune, says report

Amazon founder Jeff Bezos intends to donate his fortune towards fighting climate change. He wants to heal social and political divisions. He said that he is still working on the process and thinks that it will be hard to decide how to do it properly. He recently also gave a 100-million-dollar price to a singer, Dolly Parton, for her compassion and love in all aspects of her work, according to a Mirror report.

His donation statement is also after some criticism over his carbon footprint and exotic purchases, which harms the environment. His private jet is also a part of the numerous polluters who arrived in Glasgow for the COP26 conference last year.

What are his plans for Amazon?

Bezos has said that Amazon plans to be 100 per cent renewable by 2025 and totally carbon neutral by 2040. Amazon will also try to get other companies to sign up for the 2040 pledge. This comes after the company had been criticised for its high level of carbon footprint.

Jeff Bezos on how to be successful in business

Jeff Bezos on how to be successful in business

Jeff Bezos on how to be successful in business

It produced 60.64 million metric tons of C02 last year, which is the same as burning 140 million barrels of oil. This might sound a lot but it is nothing compared to the big oil corps.

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FAQs:

  1. How much does Jeff Bezos intend to donate?
    He intends to donate all of this fortune to charity in his lifetime.
  2. What is his rank in the world’s richest person list?
    He is currently the fourth richest person in the world after Elon, Bernard and Adani.
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