Nov 14, 2022 - Economy

Jeff Bezos says he plans to give away most of $124B fortune during lifetime

Jeff Bezos speaking at an event in Glasgow, United Kingdom, in November 2021.

Photo: Robert Perry/EPA/Bloomberg via Getty Images

Jeff Bezos plans to give away most of his $124 billion fortune during his lifetime, he told CNN in an exclusive interview that aired on Monday.

Why it matters: Bezos said he plans to devote his wealth to combatting climate change and toward people who he considers "unifiers."

Driving the news: One such person was country music star and philanthropist Dolly Parton, who received a $100 million prize from the "Bezos Courage & Civility Award."

The big picture: Bezos had already committed to donating $10 billion over 10 years to the Bezos Earth Fund for climate change research and awareness.

  • After flying to suborbital space in July 2021, Bezos said the trip reinforced his commitment to fighting climate change and keeping Earth "as this beautiful gem of a planet that it is."

Of note: Novelist and philanthropist MacKenzie Scott, Bezos' ex wife, has given away at least $12 billion over the last three years.

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