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Jeff Bezos says he will give $10 Billion to fight climate change


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Jeff Bezos said on Monday that he's giving $10 billion to fight climate change.

The Amazon CEO and richest man in the worldannounced in a post on Instagram that he'd start the Bezos Earth Fund. He said he expects to start giving out grants this summer.

With an estimated net worth of nearly $130 billion, his pledge accounts for about 7.7% of his wealth.

"Climate change is the biggest threat to our planet," Bezos said. "I want to work alongside others both to amplify known ways and to explore new ways of fighting the devastating impact of climate change on this planet we all share."

The move follows pressure from Amazon employees to push the company to do more to fight climate change. More than 350 employees signed a Medium blog in January calling for net-zero emissions by 2030, among other requests.

In September, Bezos announced Amazon's climate pledge to get the company carbon-neutral by 2040, 100% renewable energy by 2o30, and 100,000 electric delivery vehicles by 2030.

Bezos is the only American among the world's five richest people who has not signed the Giving Pledge, in which participants promise to give away more than half of their wealth during their lifetimes or in their wills, Business Insider's Paige Leskin wrote. His ex-wife, MacKenzie Bezos, signed the pledge in May.

His full Instagram post read:

Today, I'm thrilled to announce I am launching the Bezos Earth Fund.

Climate change is the biggest threat to our planet. I want to work alongside others both to amplify known ways and to explore new ways of fighting the devastating impact of climate change on this planet we all share. This global initiative will fund scientists, activists, NGOs — any effort that offers a real possibility to help preserve and protect the natural world. We can save Earth. It's going to take collective action from big companies, small companies, nation states, global organizations, and individuals.

I'm committing $10 billion to start and will begin issuing grants this summer. Earth is the one thing we all have in common — let's protect it, together.

—Jeff

 

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darkchylde
7 minutes ago, LateToCult said:

Today, I'm thrilled to announce I am launching the Bezos Earth Fund.

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Pop Music

well we do need drastic changes to get anything done in this country and that is a lot of money 

Pop Music and Lady Gaga forever!
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calmar

10 billion is definitely a nice figure to throw around, but it depends on how exactly he plans to use it. We'll see how much of it actually goes through whatever businesses he supports with it and makes real improvements.

Also, just because I myself was curious - he's giving away 7.7% of his wealth. If you had twenty dollars/pounds/euros, that would be like donating 1.54. 

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4 minutes ago, calmar said:

We'll see how much of it actually goes through whatever businesses he supports with it and makes real improvements.

I have a feeling he's gonna make more money out of it. I can't trust he's doing this only for the "planet", it's impossible, this man wants more money, Im sure something shady will come out of it, maybe i'm too cynical but i know i'll be proven right 

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Stanley Digaga
6 minutes ago, Queen Neyde said:

his networth is... 130.... billions? Billions? as in.... 129 millions of millions? as in... 129.000.000.000.000$ ?

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No, it's billion as in billion as in 129.000.000.000$

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Economy

Finally some charity from this man :rip:

 

Probably tired that his other richest man rival (Bill Gates) is always donating and involved in good causes while Jeff gets criticized for doing nothing :deadbanana:

 

I'm not one to hate on wealthy ppl (more on the system that allows such disparity not the individuals themselves)... But do something dam it if your that rich :neyde:

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