Nov 15, 2022

Effective Philanthropy: That’s what Jeff Bezos wants to do with his $122 billion fortune

Posted by in category: Elon Musk

Bezos thinks that there are many ineffective ways of philanthropy and wants to avoid them as he prepares to give away all his wealth.

Amazon founder Jeff Bezos told during a short interview with CNN

With this announcement, Bezos joins the list of other billionaires in the world, such as Bill Gates, who have decided to give away their wealth during their lifetimes. After expressing his desire to remove himself from the list of billionaires, Gates donated $6 billion to his Foundation, which runs programs across the world.

Other billionaires like Elon Musk have also donated to their own foundations or trusts, but Bezos has been criticized in the past for not signing up for not committing to any such move, even when he was the richest person in the world.

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