Amazon CEO Jeff Bazos Commits $10 Billion to Fight Climate Change
By admin February 18, 2020

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Amazon CEO Jeff Bezos announced on Monday via instagram that he will commit $10 billion to create the Bezos Earth Fund. This fund will support scientists, activists, and NGOs. Bezos stated that he will begin issuing grants this summer.

Bezos said, “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.”

The money will come from Bezos’ personal account, and not from Amazon. The $10 billion amounts to approximately 8% of his net worth, which is currently at $129.9 billion. According to the Wall Street Journal, if Bezos were to set up a foundation, it would be the largest current financial commitment to fight climate change, as well as the largest foundation in the US.

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Thanks for sharing !

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