Amazon founder Jeff Bezos says he’ll give away his wealth

In an exclusive interview, Amazon founder Jeff Bezos and partner Lauren Sanchez tell CNN's Chloe Melas why they awarded Dolly Parton $100 million for charitable causes and what other plans they have for Bezos' massive net worth. #CNN #News

81 comments

    1. I see he has a much much younger wife now couldn’t satisfy his other ones so he had to try another one I guess or she knew what an donkey he is

  1. He could start his charitable venture buy giving his employees toilet breaks and a decent wage. Just a thought.

    1. @Lawnmower Man The living wage is calculated by first establishing the cost for the basic but decent life in a specific region, inclusive of food, housing, education, healthcare, transportation, clothing and other essential needs for a family including unexpected events. The exact costs reflect local items and prices. The total costs for a family are then divided by the typical number of working adults to reflect other wage earners contribution to the family earnings. This value indicates the necessary take home pay for one wage earner, or the net living wage, in a specific region for a single month. Finally, this net living wage is adjusted to consider taxes and deductions.

  2. How about a $10 an hour raise for all of your workers? That would positively impact a LOT of local economies worldwide.

    1. @Dre Ohio Businesses are shifting towards automation and ai, with some already here but with limited capabilities, so it’s coming. It’s only a matter of time before automation and ai fully take people’s jobs.

  3. One of the classic scenario of the super rich : He made those obscene sums of money by horribly exploiting his warehouse workers,and now like a righteous human being is giving them away.Oh,he’s such a nice man !

    1. @Gordon Calhoun yeah he needs to slap them a bit more lower the wages and give more money to the rich. Stop crying about it not your money.

    2. @n?a Not everybody has the mental capacity to go to college.Some people have to pick up our fruits and vegetables, and clean after us in schools and hospitals.Why do you think is ok for those who have the luck to be born smarter ,to exploit and keep them in poverty ?

    3. @Vale Visa yeah yeah yeah same bs they always say. You do not deserve high paying jobs for no reason. Two yeah pay them more then prices go up and people won’t be able to buy it. This is not socialism and Darwin is right evolution is the game of the strong survive and weak do not.

  4. Am I the only one thinking he’s doing this to get back into good graces with the public in general? I haven’t used AMAZON but once or twice and that was years ago. I haven’t had the “NEED” for it as I try to shop locally & use my web browser to shop competitively, online. Am I the only one?

    1. I scaled back on my use of Amazon years’ ago but unfortunately sometimes they are the only one that has a particular product, such as the aftermarket keyboard for my Apple Mac desktop.

    2. I use EBAY and Amazon to get stuff I can’t buy locally, items that are cheaper , phone accessories, out of market items such as an old remote, parts for a blender, ect….

      Maybe 3 times a year at most

      I think those addicted to online shopping get high on self gifting.

    3. Nah, I doubt he gives a toss about what the public think of him.

      It’s some kind of scam, it always is with these types. They never do anything for the good of others. If they did think that way, they wouldn’t be as wealthy as they are.

    4. Also haven’t ordered from them in a while, there’s probably not nearly enough of us for Amazon to even notice though

    5. No Monie….you are not the only one! I worked at Amazon…I lasted 2 weeks. I was definitely “Out of my element” and had never been in a warehouse or factory.
      I just wanted a job while my daughter was in high school and I love to walk.

      I will never ever EVER forget what I saw and I will never forget how hard the people who work there work! It was awful!

      I never ever EVER use Amazon UNLESS I absolutely have to.

      Zero respect for him or that broad that cheated with him.

      I too have a daughter adopted from China…like Jeff and his ex-wife do.

      I too was cheated on and am divorced.

      Anyway, they are gross!
      She especially is!๐Ÿคฎ

  5. So sick of asking the rich to save us when all they need to do is pay their taxes and we could have all these things

    1. we really do not need them to save us we can build our own wealth he is proof that the wealth of the wicked is stored up and will be distributed in our life time but we learn what to do with our wealth feed a nation education a need start a home for at risk youth

  6. Many billionaires have done this, when in fact they are essentially putting their money into a trust or trusts that will allow for the ultimate in tax dodging and tax write-offs. No such thing as a good billionaire, to become a billionaire you have to be the most cutthroat of human beings and to assume they would change after amassing so much wealth is the epidemy of stupidity.

    1. @david Hell dedicate a network of satellites solely to ukrainian communications so we can launch Elon into the sun and be done with him.

    2. Was with you at the beginning… Then you just had to go and generalize everyone in a wealthgroup as one entity. ๐Ÿ™„๐Ÿ™„

    3. @Mark Wallace Sorry to disappoint. Mateschitz was not the good guy. Selling poison. Getting ppl addicted and being a known far right winger massively funding anti-democratic movements is not good. He just did a better job flying under the radar and he was a PR genius.

  7. How about he โ€œgive awayโ€ his wealth to his employees and pay them a decent wage considering they are the ones who made him rich.

    1. OF course not, because that would mean he gives away money for real !. Most of the time these billionaires “give away” their money in a way that while on paper they don’t retain control of the assets, they certainly keep their influence on these assets and hence may gain political power using those funds.

  8. It’s to bad ppl don’t come with a lie detector on them cause theirs would be going crazy through this interview

    1. Apparently the earth is going to reach 8 billion souls this month! Will there be enough oxygen for another 2 billion ? I don’t believe humanity will go pass 11 billion. We all will begin to suffocate !

  9. Ok, thatโ€™s great of him but in most cases charity organizations actually spent most of the money on themselves and little spent on the real people everything was meant forโ€ฆ.. I think he was right when he said finding the right way to spend the money on those that actually need it is a serious challenge.

    1. Yep, CEOs of charitable organizations, who probably can’t get jobs in the real corporate world take large salaries and get those positions either by saying they are worth it as they’re CEO or that they would be making so much in other top positions.

      But of course they weren’t good enough to be in those positions!

  10. “Pay your workers as little as possible, reduce their hours but at the same time make them work three times as hard.” That’s what Jeff was saying.

    1. ” Put off buying that new refrigerator ” WOW that’s big coming from a billionair, HOW DARE HE. ๐Ÿ˜ž๐Ÿ˜ž๐Ÿ˜ž.

    1. If she was human, not just a ball of stuffed fat, she’d give every penny to the workers that POS Bezoz exploited, but it is all so they could get their pictures on social media…which all it is about of course.

  11. Long-term investors know that the market and economy will recover eventually, and investors should be positioned for such a rebound. Personally still going hard on this crazy market and I’m doing just fine. My portfolio currently up 143% right now. I am going to sit back and observe how this all plays out, adding more stocks at a time.

    1. @Emily Ruby shes a bot. She markets towards that trading system. I see her post all over YouTube. Wake up and stop being gullible

    2. @Buffalo Bobby Why would you be wasting your time talking to a bot. And nothing I post is fake. Please educate yourself.

    3. The Royal African Company is a strong buy. Shows what getting market fundamentals right will do. It’s what the stock market was created for, when you come down to it.

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