When Amazon CEO Jeff Bezos announced he would pledge $2 billion to restore nature, many people were excited. This is the largest philanthropic commitment in history. The money will go towards projects that are designed to protect land and wildlife around the world. It has been reported that this personal donation by Bezos is not related to Amazon’s business interests.
For example, Bezos is criticized by some for pushing into the brick-and-mortar market, including buying Whole Foods. However, he had nothing to do with the company’s new headquarters being located in Long Island City, New York.
Jeff Bezos was once a regular citizen until a lucky investment made him one of the richest people in the world. He has now become one of the most generous people in the world as well.
Bezos was already at number seven on Forbes list of America’s Richest People with a net worth of $65.1 billion, but The Giving Pledge places him easily within the top five. Bill Gates is currently at number 1 with $89.5 billion, followed by Warren Buffet, Mark Zuckerberg and Larry Ellison respectively with $80.6 billion, $42.9 billion and $56.3 billion in net worth.
The Giving Pledge is a movement started by Gates and Buffett to inspire the world’s wealthiest individuals to give away at least half of their wealth to charity. Some of the wealthiest billionaires in the world have been inspired to join by pledging away at least half their money. The original pledge was signed by 93 individuals and families from around the world since 2010.
Bezos joins a list of other billionaires who have made major commitments to charity including Paul Allen, Mark Zuckerberg and Michael Bloomberg. It has been reported that he wants to make his money as useful as possible before he passes away.
The media often highlights the number of large philanthropic gifts, but it’s often only a fraction of the money going to charity each year, said Bezos on Thursday in a statement. Hardly anyone puts more cash into charitable organizations than I do. And the simple truth is, I find it hard to spend money on myself. This commitment is rooted in my belief that society becomes a better place when everyone has the opportunity to pursue their dreams.
Many of us are very familiar with his company’s business model and not so much with his charitable contributions. Bezos started out selling books online through Amazon and has successfully evolved and expanded his company to more than just a bookstore. Amazon now sell pretty much everything we want and need; it is the top online retailer of the world – over $178 billion sales in 2017 – with operations on every continent except Antarctica, as well as producing television shows and creating some of its own hardware products such as Kindle tablets and Fire TV.
As a woman, I am more concerned with the way Amazon has been treating its workers and owning a majority share of The Washington Post, a paper that is critical of Donald Trump’s presidency. But what Bezos’ future plans are for his company remain to be seen.
In December 2017, he wished everyone on Twitter a Happy Hanukkah and many people were confused thinking that he was Jewish, but it turns out he was just clearly unaware of the word’s association with Jews.
I would like to challenging everyone out there to make a difference in the world. It does not matter if you are considered wealthy or not; anyone can make a difference if they put their mind to it.