Jeff Bezos pledges to give away most of his wealth

Amazon.com Inc. founder Jeff Bezos will give away a majority of his $124-billion US wealth during his lifetime, SIA refers to the billionaire's statement in an interview to CNN on Monday.

Without providing further details, Bezos said he and partner, journalist-turned-philanthropist Lauren Sanchez, were "building the capacity to be able to give away this money."

The billionaire has committed $10 billion to fight climate change and protect nature through the Bezos Earth Fund, where he is the executive chair. The initiative to combat climate change was announced in 2020.

Bezos' pledge to give away most of his wealth would be similar in nature to those made by Microsoft co-founder Bill Gates and investor Warren Buffett.

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