The majority of Jeff Bezos' fortune will be donated to humanitarian causes.
Bezos' net wealth is thought to be $124.1 billion.
According to Forbes, he is the fourth richest person in the world.

Jeff Bezos, the founder of Amazon and one of the richest men in the world, has disclosed his long-term goals for his enormous wealth. The billionaire stated in a Monday interview that he intends to give the majority of his riches to philanthropic causes throughout his lifetime. According to Forbes, Bezos is the fourth richest person in the world with an estimated net worth of $124.1 billion (approximately Rs. 10,04,200 crore).

Bezos revealed that the majority of his donations will go toward combating climate change and to individuals who can bring mankind together in the face of severe social and political conflicts during an interview with Chloe Melas on CNN on Monday.

According to the founder of Amazon, giving back 'is incredibly hard,' but 'we're establishing the infrastructure to be able to give this money away.' Bezos, the Washington Post, and the aerospace firm Blue Origin collectively own little less than 10% of the shares of Amazon, whose CEO he stepped down from in July 2021.

Amazon founder Jeff Bezos established the Bezos Earth Fund in 2020 with a $10 billion (approximately Rs. 80,900 crore) 10-year donation programme to support non-governmental organisations, scientists, and activists who work to 'preserve and safeguard the natural world.' According to the story, Bezos had not formally endorsed the Giving Pledge, which calls on wealthy people to pledge to donate the bulk of their wealth.

This Bezos philanthropy information comes amid rumours that Amazon plans to fire some 10,000 workers this week. According to reports, the corporation is cutting one of the most jobs in its history in order to concentrate on its devices division, retail business, and human resources.