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Amazon’s Jeff Bezos says he plans to give most of fortune to charity

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Amazon founder Jeff Bezos, the fourth richest person on the planet, plans to give away the majority of his fortune during his lifetime.

Bezos told CNN he will devote the money to fighting climate change and supporting people who can unify humanity in the face of deep social and political divisions.

Light on specifics, the pledge marks the first time he has announced plans to give away most of his money. Critics have chastised Bezos for not signing the Giving Pledge, a promise by hundreds of the world’s richest people to donate the majority of their wealth to charitable causes.

As of Monday, the tycoon’s net worth stood at $123.9 billion, according to the Bloomberg Billionaires Index.

24. Jeff Bezos     • Land area owned:  420,000 acres

Speaking alongside his partner, the former Fox L.A. TV anchor turned philanthropist Lauren Sánchez, said the couple is “building the capacity to be able to give away this money.”

Asked directly by the outlet whether he intends to donate the majority of his wealth within his lifetime, Bezos answered, “Yeah, I do.”

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Story Credit: usatoday.com

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