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Wales Online
Wales Online
National
Neil Shaw

Amazon founder Jeff Bezos is to give away his £105billion fortune

Amazon tycoon Jeff Bezos has announced that he is giving away most of his £105billion ($124 billion) fortune. In a sit-down interview with CNN, the tycoon revealed that he plans to donate the majority of his net worth to charities during his lifetime.

The funds will be put towards fighting climate change, as well 'helping to heal political and social divisions'.

Speaking alongside his partner, Lauren Sánchez, from his Washington DC home, Bezos said: "The hard part is figuring out how to do it in a levered way.

“It’s not easy. Building Amazon was not easy. It took a lot of hard work, a bunch 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."

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