Amazon founder Jeff Bezos has sensationally announced he will be giving away his £105 billion fortune to charities.
In an interview with CNN, the tycoon said he plans to donate the majority of his net worth to charities during his lifetime, with the bulk of his donations going towards fighting climate change.
When asked if he intends to donate much of his wealth during his lifetime, Bezos said: “Yeah, I do.” However, he said ‘it’s not easy’ to decide where the money will go.
Formerly the world’s richest man, Bezos said: “The hard part is figuring out how to do it in a levered way.”