Jeff Bezos Is Pledging A Cool $10 Billion Toward Fighting Climate Change—The Earth’s “Biggest Threat”

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.

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.

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.

This tweet comes two days after Reich tweeted an example of how much wealth Bezos is hoarding.

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.

People on Twitter applauded Amazon workers and the effect they had on Bezos’ donation.

Anyway, we should probably be a little suspicious when it comes to billionaires.


Written by Lindsay Patton