Jeff Bezos says he will give away most of his fortune

&Tab;&Tab;<div class&equals;"wpcnt">&NewLine;&Tab;&Tab;&Tab;<div class&equals;"wpa">&NewLine;&Tab;&Tab;&Tab;&Tab;<span class&equals;"wpa-about">Advertisements<&sol;span>&NewLine;&Tab;&Tab;&Tab;&Tab;<div class&equals;"u top&lowbar;amp">&NewLine;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;<amp-ad width&equals;"300" height&equals;"265"&NewLine;&Tab;&Tab; type&equals;"pubmine"&NewLine;&Tab;&Tab; data-siteid&equals;"111265417"&NewLine;&Tab;&Tab; data-section&equals;"2">&NewLine;&Tab;&Tab;<&sol;amp-ad>&NewLine;&Tab;&Tab;&Tab;&Tab;<&sol;div>&NewLine;&Tab;&Tab;&Tab;<&sol;div>&NewLine;&Tab;&Tab;<&sol;div><p>Amazon founder Jeff Bezos has said he will give away the majority of his wealth during his lifetime&comma; becoming the latest billionaire to pledge to donate much of his vast fortune&period;<&sol;p>&NewLine;<p>Mr Bezos&comma; whose &OpenCurlyDoubleQuote;real-time” worth Forbes magazine estimates at roughly &dollar;124&period;1 billion &lpar;€124 billion&rpar;&comma; made the announcement in a joint CNN interview with his girlfriend Lauren Sanchez that was released on Monday&period;<&sol;p>&NewLine;<p>The billionaire did not specify how – or to whom – he will give away the money&comma; but said the couple were building the &OpenCurlyDoubleQuote;capacity” to do it&period;<&sol;p>&NewLine;<p>&OpenCurlyDoubleQuote;The hard part is figuring out how to do it in a levered way&comma;” Mr Bezos said during the interview&period;<&sol;p>&NewLine;<p>&OpenCurlyDoubleQuote;It’s not easy&period; Building Amazon was not easy&period; It took a lot of hard work and very smart teammates&period; And I’m finding – and Lauren’s finding – that philanthropy is very similar&period; It’s not easy&period; It’s really hard&period;”<&sol;p>&NewLine;<p>Mr Bezos had been criticised in the past for not signing the Giving Pledge&comma; the campaign launched by Bill Gates&comma; Melinda French Gates and Warren Buffet to encourage billionaires to donate the majority of their wealth through philanthropy&period;<&sol;p>&NewLine;<p>His ex-wife MacKenzie Scott signed that pledge in 2019 and has since emerged as a formidable force in the world of philanthropy&comma; showering charities throughout the country with unexpected – and often secretive – contributions&period;<&sol;p>&NewLine;<p>In the past three years&comma; she has given more than &dollar;12 billion to historically black colleges and universities&comma; women’s rights group and other non-profits&period;<&sol;p>&NewLine;<p>Mr Bezos&comma; who divorced from Ms Scott in 2019&comma; stepped down as Amazon chief executive last year to devote more time to philanthropy and other projects&period;<&sol;p>&NewLine;<p>Among other donations&comma; he has pledged &dollar;10 billion to fight climate change as part of his Bezos Earth Fund initiative&period;<&sol;p>&NewLine;<p>Last year&comma; he gave &dollar;510&period;7 million to charity&comma; according to The Chronicle of Philanthropy&period;<&sol;p>&NewLine;<p>On Saturday&comma; Mr Bezos and Ms Sanchez announced they will give a no-strings-attached 100 million dollar &lpar;£85&period;1 million&rpar; grant to singer Dolly Parton&comma; who has been praised for her philanthropic work that helped create the Moderna vaccine for Covid-19&period;<&sol;p>&NewLine;<p>Mr Bezos had given a similar grant to chef Jose Andres and CNN commentator Van Jones last year&period;<&sol;p>&NewLine;&Tab;&Tab;&Tab;<div style&equals;"padding-bottom&colon;15px&semi;" class&equals;"wordads-tag" data-slot-type&equals;"belowpost">&NewLine;&Tab;&Tab;&Tab;&Tab;<div id&equals;"atatags-dynamic-belowpost-68ec9ec395f7d">&NewLine;&Tab;&Tab;&Tab;&Tab;&Tab;<script type&equals;"text&sol;javascript">&NewLine;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;window&period;getAdSnippetCallback &equals; 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