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Jeff Bezos says he plans to give away the majority of his $124B net worth, but offers few specifics; Bezos has been criticized for not signing the Giving Pledge

Exclusive: Amazon founder Jeff Bezos says he'll give away his wealth  —  Twitter users are flocking to Mastodon.  What is it?

CNN Brian Fung

Discussion

  • @jeffbezos Jeff Bezos on x
    We've just announced a new Courage and Civility award recipient — @DollyParton, who leads with her heart, and will put this $100 million award to great use helping so many people. She joins prior awardees, @VanJones68 and @Chefjoseandres. Congrats, Dolly! https://twitter.com/...
  • @dollyparton Dolly Parton on x
    I try to put my money where my heart is. I will do my best to do good things with this money ❤️ Thank you @JeffBezos #LaurenSanchez https://twitter.com/...
  • @willjordan Will Jordan on x
    Bezos says he'll give away the majority of his $124bn before he dies. If only there was some mechanism by which billionaires' wealth could be vested to the state in order to help those less well off.
  • @cnn @cnn on x
    Exclusive: Jeff Bezos tells CNN that he'll give away the majority of his $124 billion net worth during his lifetime, the first time he's made such a promise. https://www.cnn.com/... https://twitter.com/...
  • @cmclymer @cmclymer on x
    Also, let's talk about this phrasing: “pledges to give away most of his wealth in this lifetime” What is “most”? Is that $62.1 billion? That would be most of $124 billion. What goes Bezos need with the remaining $61.9 billion? Why in his lifetime? Why not right now?
  • @cmclymer @cmclymer on x
    Jeff Bezos has just pledged to give away most of his $124 billion net worth. I think he should just hand it over to MacKenzie Scott, who has unhesitatingly given away billions in just the past few years without needing to be convinced to help other human beings.
  • @teddyschleifer Teddy Schleifer on x
    Bezos is light on specifics on this pledge, except to say that he does plan to do this. He then makes your standard concessions about philanthropy being hard and him wanting to do so in a leveraged way.
  • @teddyschleifer Teddy Schleifer on x
    Jeff Bezos, in a rare interview, goes further than The Giving Pledge — which has donors give at least half of their net worth away in their lifetime or wills. Bezos tells @ChloeMelas he'll donate all of his money away while he's alive. https://twitter.com/...
  • @phil_lewis_ Philip Lewis on x
    Jeff Bezos says that he'll give away the majority of his $124 billion net worth during his lifetime, the first time he's made such a promise https://www.cnn.com/...
  • @aine @aine on x
    He will find, like Bill Gates did, that he won't give it away as quickly as it grows. I'm not saying he can't, I'm saying he won't. These unimaginative billionaires think donating to their own foundations is philanthropy... it's not, it's a selfish tax avoidance shell game. https…
  • @b_fung Brian Fung on x
    Bezos was light on specifics, saying he and partner Lauren Sanchez are focused on building the capacity to give away lots of money. But he spoke of a desire to lift up “unifiers” in the face of deep political and social divisions and to continue fighting climate change.
  • @thetranscript_ @thetranscript_ on x
    @DeItaone $AMZN Founder @JeffBezos: https://twitter.com/...
  • @exiledsurfer @exiledsurfer on x
    The idea of paying taxes or adequtely compensating his workforce never crossed his conscience i guess https://twitter.com/...
  • @b_fung Brian Fung on x
    NEW: Amazon founder Jeff Bezos says he plans to give away a majority of his wealth before he dies, the first time he's pledged to give away most of his $124 billion net worth. Latest from me and @chloemelas, who interviewed Bezos at his home in DC: https://www.cnn.com/...