Last week Bezos and his partner, Lauren Sánchez, also made headlines for honoring Dolly Parton with their Courage & Civility Award, which comes with a $100 million grant to Parton to use towards her philanthropic efforts. “So you have to think about it carefully and you have to have brilliant people on the team.” “There are a bunch of ways that I think you could do ineffective things, too,” he added. It took a lot of hard work, a bunch of very smart teammates, hard-working teammates, and I’m finding - and I think Lauren is finding the same thing - that charity, philanthropy, is very similar,” he said. Critics have previously chided Bezos for not signing the Giving Pledge, a promise signed by hundreds of the world’s richest people to donate the majority of their wealth to charitable causes.īut Bezos went beyond the Giving Pledge in CNN’s interview and said that giving away his wealth comes down to “figuring out how to do it in a levered way.” That marked the first time the billionaire announced plans to give away most of his money.
He said he will devote the bulk of his fortune to fighting climate change and supporting people who can unify humanity in the face of deep social and political divisions. The latest charitable donations come one week after Bezos sat down in an exclusive interview with CNN and said he plans to donate the majority of his $124 billion net worth during his lifetime. The donations are part of a $2 billion total commitment to combat homelessness. The Amazon founder announced on Instagram Tuesday that he has recently awarded 40 grants as part of his Bezos Day 1 Families Fund initiative, which he launched in 2018. Jeff Bezos is continuing to make good on his pledge to give away the majority his wealth, to the tune of $123 million today.
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