In addition to being the founder of amazon🇧🇷 Jeff Bezos he is also known for his net worth of US$ 124 billion. But the executive intends to distribute part of that money in donations to combat climate change and other social causes. That’s what an interview with the billionaire shows CNN of the United States this Monday (14).
The interview shows some of the executive’s new ambitions. To reporter Chloe Melas, Bezos said he intends to give up almost all of his assets throughout his life. The decision was announced alongside the billionaire’s companion, journalist and philanthropist Lauren Sánchez, who also participated in the conversation with the broadcaster.
THE CNN did not provide many details about the donations. But the billionaire intends to distribute his fortune gradually and keep the return on his shares.
“Building Amazon wasn’t easy,” Bezos said. “It took a lot of hard work, a lot 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.”
Amazon founder Jeff Bezos has donated
This does not mean, however, that Bezos never made donations. The businessman previously pledged to offer US$ 10 billion over ten years to contain the Earth’s temperature increase. In addition, the executive donated US$ 600 million in Amazon shares this year, according to data from the SEC, the securities commission in the United States.
But Bezos isn’t the only one giving away the fortune gradually. In 2015, Mark Zuckerberg, CEO of Meta, pledged to donate 99% of his fortune to the Chan Zuckerberg Initiative🇧🇷 And the proposal followed a similar line: transfer the values every four months from the sale of shares.
According to the initiative’s website, the fund received approximately US$ 2.9 billion from 2015 to January 2018. All of this amount was used to finance several projects of “innovative companies that are developing transformative and scalable solutions to the problems that are in the center of our mission”. This is the case of Descomplica, who received $84.5 million in 2021🇧🇷
The initiative, however, may have a limit. This is because, if the billionaire and co-founder of Facebook donates too much, he could lose control of Meta if shareholders unite against him. Currently, Zuckerberg owns 54.4% of the voting power of the shares.