Jeff Bezos, who ranks fourth in the ranking of the richest person in the world, has a net worth of 124 billion dollars. Bezos, who until recently ranked second on the list, was surpassed by Bernard Arnault, CEO of Louis Vitton, and Gautam Adani, founder of Adani Group. With a statement he made, Bezos signals that he will fall further in the rankings.
Jeff Bezos will donate his fortune before he dies
Jeff Bezos, the founder of Amazon, announced in an interview that he would donate most of his wealth to charities before he died. Bezos states that most of the aid he will do will be on climate change and world peace.
Prior to this announcement, Bezos announced that he would donate $100 million to singer and philanthropist Dolly Parton. The manager had previously committed $10 billion over a decade to the Bezos Earth Fund, which aims to bring political and technological solutions to human-induced climate change. Bezos’ ex-wife, MacKenzie Scott, has donated nearly $4 billion to organizations over the past few months.
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Microsoft’s co-founder, Bill Gates, had similarly aimed to initiate a large donation movement in the past years. Long the richest man in the world, Gates continues to donate to charities and scientific research through the Bill & Melinda Gates Foundation. Gates also founded The Giving Pledge to help billionaires donate at least half of their money.
Like other big business people, Bezos is at the center of criticism with his wealth. Although Amazon has repeatedly faced various charges for environmental damage, the company saw its emissions increase in 2021. On the other hand, tough working conditions are another issue Amazon is facing.
It is also curious why Jeff Bezos waited so long to donate. In particular, the company’s Blue Origin to take the rich to space was criticized a lot. So what do you think about the wealth that Jeff Bezos has? You can share your views with us in the comments section.