We could give a new nickname to another of the great tycoons of world technology, since the founder of Amazon, Jeff Bezosmaintained that he wants to donate much of his fortune to charity in life.
The technology executive told CNN in an exclusive interview that he will dedicate the majority of his wealth to fighting climate change and supporting the people who can unite humanity in the face of deep social and political divisions.
Bezos, speaking alongside his partner, journalist-turned-philanthropist Lauren Sanchez, said they are “building the capacity to be able to give this money away.”
Asked directly by CNN if he intends to give away most of his wealth during his lifetime, Bezos said, “Yes, I do.”
Bezos has committed $10 billion over 10 years, or about 8% of his current net worth, to the Bezos Earth Fund, which Sánchez co-chaired. Among their priorities are reducing the carbon footprint of cement and construction-grade steel; pressure financial regulators to consider climate-related risks; promote data and mapping technologies to monitor carbon emissions; and the construction of large-scale natural plant-based carbon sinks.
“The hard part is figuring out how to do it in a leveraged way,” he said, implying that even as he gives away his billions, he’s still looking to maximize his return. “Is not easy. Building Amazon was not easy. She took a lot of hard work, a group 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.”