Amazon CEO and founder/richest person in the world Jeff Bezos recently announced he plans to commit $10 billion of his own money toward fighting climate change.
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The announcement came via Instagram, where Bezos posted a photo of the Earth and captioned it with his announcement: “Today, I’m thrilled to announce I am launching the Bezos Earth Fund.
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. This global initiative will fund scientists, activists, NGOs — any effort that offers a real possibility to help preserve and protect the natural world. We can save Earth. It’s going to take collective action from big companies, small companies, nation states, global organizations, and individuals.
I’m committing $10 billion to start and will begin issuing grants this summer. Earth is the one thing we all have in common — let’s protect it, together. – Jeff”
To the average person, $10 billion is unfathomable. To Bezos, it’s only 7.5 percent of his $129.9 billion fortune.
Jeff Bezos is worth $130 billion.
A normal young person (under 35) is worth $11,100.
Jeff Bezos is donating $10 billion to fight climate change.
That's like if a normal young person donated $847.
More in today's subscribers-only post: https://t.co/1rEg9DHmnI
— Emily Atkin (@emorwee) February 18, 2020
And while $10 billion will do a lot to help our planet, many people pointed out how he’d be able to make a bigger impact if Amazon paid taxes and committed itself to sustainable practices and better worker treatment.
HE COULD ALSO PAY HIS TAXES WHILE HE’S AT IT. https://t.co/7ydsqhkBj0
— Aja Barber (@AjaSaysHello) February 18, 2020
Jeff Bezos starting an Earth fund is like someone pouring gasoline on your burning house and offering to help you figure out how to stop your house from burning.
— Travon Free (@Travon) February 17, 2020
Amazon donated $690K to Australia fire relief.
Amazon CEO Jeff Bezos “earns” $700K every 5 minutes.
Amazon's donation is the equivalent of a normal person donating half a dollar.
Tax the rich.
— Hasan Patel 🌹 (@CorbynistaTeen) February 16, 2020
Or, Jeff Bezos could just pay taxes and we wouldn't have to do this dance every year. https://t.co/IZtWngIOuu
— L. Darcel (@BelleUnplugged) February 17, 2020
— Amazon donated $690K to Australia fire relief
— Jeff Bezos gets paid $700K every 5 minutes
— Amazon's donation is the equivalent of a normal person donating 55 cents
— Amazon got a $129M rebate on $11B in profits in 2018
Tax the rich.
— Public Citizen (@Public_Citizen) February 16, 2020
The day Bezos announced his pledge, former Secretary of Labor Robert Reich pointed out how much Bezos has spent on just two of his multiple properties.
Jeff Bezos' Beverly Hills mansion has:
—A nine-hole golf course
—A tennis court
—A "motor court" with gas pumps
Let's not confuse that for his DC mansion, which has:
—1,006 light fixtures
—A full movie theater
Tax the rich.
— Robert Reich (@RBReich) February 16, 2020
This tweet comes two days after Reich tweeted an example of how much wealth Bezos is hoarding.
If you want to wrap your head around just how much a billion dollars really is, consider this:
— 1 million seconds is 11.5 days
— 1 billion seconds is 31.5 YEARS
Now consider this:
Jeff Bezos' net worth is $160 billion.
$160 billion. With a B.
— Robert Reich (@RBReich) February 14, 2020
The Twitter account for Amazon Employees for Climate Justice issued a response to Bezos’ pledge. While the group applauded Bezos’ philanthropy, it also pointed out the large contributions Amazon has put toward climate change and pressured Bezos to make changes toward making Amazon an eco-friendly company.
As employees, here is our statement to Jeff Bezos' Earth Fund announcement (as an image): pic.twitter.com/opgcCpa67D
— Amazon Employees For Climate Justice (@AMZNforClimate) February 17, 2020
People on Twitter applauded Amazon workers and the effect they had on Bezos’ donation.
Wow. This…is pretty huge if true!
Also can’t help but feel like Amazon workers deserve a lot of credit for refusing to be bullied into silence on climate change. https://t.co/YJYSZMlt4n
— Maddie Stone (@themadstone) February 17, 2020
Without the Amazon Employees for Climate Justice (@AMZNforClimate), Bezos's $10 billion climate pledge today is simply unimaginable.
They've just released a statement: pic.twitter.com/jk8JH27UzP
— Brian Merchant (@bcmerchant) February 17, 2020
Anyway, we should probably be a little suspicious when it comes to billionaires.
Never ever forget that @BernieSanders led the public campaign to shame @JeffBezos into raising Amazon workers’ wages — and then soon after that, Bezos asked @MikeBloomberg if he would consider running for president. https://t.co/LUN5XXajdZ
— David Sirota (@davidsirota) February 18, 2020
Red flags fly in my mind whenever I see billionaires setting up and putting funds into their own non-profit instead of giving funds to sector leaders already doing the work.
— STL Lady (@swhikt) February 17, 2020