Amazon CEO Jeff Bezos says he will give away most of his massive fortune

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In recent decades, Jeff Bezos has remained among the top 10 richest men in the world alongside Elon Musk and other billionaires. Read on to discover his impressive net worth.

Jeff Bezos, the founder and CEO of global e-commerce behemoth Amazon, intends to take action now to combat climate change and to encourage those who can bridge social and political divides during his lifetime. To initiate the movement, the 58-year-old billionaire will reportedly give away most of his tremendous fortune.

What is Jeff Bezos' net worth?

According to the Bloomberg Billionaires Index, he is worth a total of £105 billion ($124 billion). Bezos’s main wealth source comes from Amazon, which he began building in 1994 as an online bookstore.

Amazon CEO Jeff Bezos says he will give away most of his massive fortune The Washington Post

In terms of wealth, Jeff Bezos is now behind Gautam Adani, Bernard Arnault, and Elon Musk as the fourth richest person in the world. However, according to CelebrityNetWorth, Bezos held the record as the richest man on earth between October 2017 and January 2021, before Elon Musk took over.

How much will Bezos give away?

The businessman said he intends to give the majority of his wealth to charities throughout his lifetime in a sit-down interview with CNN. The money will be used to combat climate change and to aid those who can reunite divided political and social groups.

His most recent declaration came after he awarded country music legend Dolly Parton with an £84.8 million ($100 million) Award for displaying ‘love and compassion in every element of her work’.

According to the Insider, Bezos has not ratified the Giving Pledge, a commitment made by some of the world's wealthiest individuals to contribute the majority of their fortunes to charity, unlike several of his wealthy contemporaries, including his ex-wife, MacKenzie Scott.

Amazon CEO Jeff Bezos says he will give away most of his massive fortune picture alliance

In an interview with CNN, Bezos gave few details about his plans, concentrating instead on his desire to generously support those who seek to counter 'division' in American politics and public life.

No time frame or price range was specified, however. Bezos only responded, ‘Yeah, I do’ when asked if he intended to contribute the most of his money during his lifetime.

He did not give a precise proportion or say how the money will be used, however.

Bezos' commitment to going green

Amazon intends to be 100% sustainable by 2025 and carbon neutral by 2040, according to Bezos' prior statements. The enterprise has made an effort to sign up as many firms as possible for the 2040 promise.

Amazon CEO Jeff Bezos says he will give away most of his massive fortune Chris Jackson

However, the business has recently come under fire for its alarming levels of carbon emissions, which have increased yearly since 2018. Last year, it generated 60,64 million metric tons of carbon dioxide, which is small in comparison to the biggest oil firms but is nonetheless the equivalent of burning 140 million barrels of oil.

And after receiving criticism for his high carbon footprint and luxurious lifestyle that harms the environment, Bezos has promised to give to groups that fight climate change.

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© Franziska Krug

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