Jeff Bezos needs to give the vast majority of his riches

Jeff Bezos, the founder of e-commerce giant Amazon, has said he will give away most of his $124 billion fortune during his lifetime. He said this in an interview given to the American media CNN. In that interview yesterday, Bezos did not give any details about which sectors he will spend his money on.

He said he and his partner, Lauren Sanchez, can afford to donate the money. This billionaire has announced to give 10 billion dollars to combat the climate disaster. The funds will be spent through Bezos' Earth Fund.

In addition, US singer and humanitarian Dolly Parton has been given 100 million dollars as a gift through the 'Bezos Courage and Civility Award'.

Source: Reuters