Udayavni Special

MacKenzie Bezos pledges half her fortune to charity


PTI, May 29, 2019, 10:59 AM IST

New York: MacKenzie Bezos, soon-to-be ex-wife of Amazon founder Jeff Bezos, will donate half her fortune to charity, joining the ranks of the world’s ultra-wealthy philanthropists, the Giving Pledge announced Tuesday.

The charitable organization, founded in 2010 by Warren Buffett and Bill Gates, listed Bezos among 19 new signatories from China, Switzerland, the United Arab Emirates and Britain as well as the United States.

Bezos in April instantly became one of the world’s wealthiest individuals, gaining a net worth estimated at USD 36 billion after finalizing the terms of her divorce with Jeff Bezos, the world’s richest man.

“In addition to whatever assets life has nurtured in me, I have a disproportionate amount of money to share,” MacKenzie Bezos said in a letter announcing that she was joining the pledge.

“My approach to philanthropy will continue to be thoughtful. It will take time and effort and care. But I won’t wait. And I will keep at it until the safe is empty.” As part of the couple’s pending divorce, MacKenzie Bezos is to retain 25 percent of the Amazon shares the pair held jointly, equal to about four percent of the company, but surrendered all her voting rights.

More than 200 people have now taken the Giving Pledge, including Facebook founder Mark Zuckerberg, investor Bill Ackman and Microsoft co-founder Paul Allen.

Jeff Bezos, whose fortune is currently estimated at well over USD 100 billion, has not taken the pledge but in September announced a USD 2 billion investment fund intended to support homeless families and education in poor communities.

Udayavani is now on Telegram. Click here to join our channel and stay updated with the latest news.

Top News

Mangaluru: Derogatory message found on Pumpwell flyover

J&J seeks permission for clinical trial of single-shot COVID-19 vaccine in India

10 States account for over 77 per cent of new COVID-19 cases

COVID: Karnataka to promote Std 1-9 students without exams

Queen enters ‘twilight’ of reign after farewell to Philip

Byndoor: Girl ends life after failing in exams

COVID: Kejriwal asks people to stay home, says lockdown decision taken for their safety




Related Articles More

Queen enters ‘twilight’ of reign after farewell to Philip

India, China factor in regional prosperity; moment of choice for Pak, says Afghan prez

US advises its citizens to avoid travelling to India due to COVID spike

COVID-19: WH refuses to comment on lifting ban on vaccine raw materials export to India

Trump urges Biden to reinstate travel ban to keep US safe from radical Islamic terrorism

MUST WATCH

Chikkamagaluru: Medical shop fraudulently sold 9-yo glucose packets

news bulletin 19- 4 -2021

Legendary kambala buffalo bolanathuru kati is no more

Shankar Shetty | Food Diet for Kambala Buffalo

You will be responsible for my death because of corona

Latest Additions

Dispatched over 7.2 lakh units via Indian railways in last 5 years: Maruti Suzuki

Mangaluru: Derogatory message found on Pumpwell flyover

J&J seeks permission for clinical trial of single-shot COVID-19 vaccine in India

COVID-19 vaccine policy discriminatory: Rahul Gandhi

Need complete trust between industry, govt to sustain growth amid Covid situation: Sitharaman

Thanks for visiting Udayavani

You seem to have an Ad Blocker on.
To continue reading, please turn it off or whitelist Udayavani.