Saturday, November 19, 2022
Jeff Bezos has pledged to give away the majority of his wealth to charity. The Amazon founder is worth an estimated $124 billion and has been criticized in the past for not signing the Giving Pledge, a promise by some of the worlds wealthiest individuals to donate a majority of their wealth to charity. His ex-wife, Mackenzie Scott, signed the Giving Pledge in 2019.
Bezos plans to dedicate the bulk of his fortune to fighting the climate crisis and supporting causes that aim to unifyi humanity. He an his girlfriend, Lauren Sánchez, are currently building a way to give away his money in a levered way.
For more information see Beatrice Nolan “Jeff Bezos pledges to give away the majority of his $124 billion fortune to charity”, Yahoo! News, November 14, 2022 and Isabella Simonetti and Nicholas Kulish “Jeff Bezos Says He Will Give Away Most of His Fortune”, The New York Times, November 14, 2022.
Special thanks to David S. Luber (Florida Probate Attorney) and Lewis Saret (Attorney, Washington, D.C.) for bringing these articles to my attention.