Jeff Bezos, the founder and CEO of Amazon and the wealthiest man in the world, has decided to give a little back to our planet by pledging a hefty $10 billion to combat climate change.
Keep scrolling for the reasoning behind his pledge, and what it will do for our planet...
Jeff Bezos is the wealthiest man in the world.
via: GettyThe title all of us dream of one day acquiring.
Bezos has topped the official 2020 list of our world's billionaires...
via: GettyAnd, according to Forbes, his current net worth stands in at around $129.9 billion. The only man close to matching this eye-watering figure is Microsoft co-founder, Bill Gates, who is worth around $113.1 billion.
But where does Bezos' wealth come from?
via: GettyNobody is born with a net worth of over $100 billion... So where did it all start?
Bezos is the founder and CEO of the online retail giant, Amazon.
via: GettyBorn in 1964 in New Mexico, Bezos always held a huge passion for computers, and went on to study computer science and electrical engineering at Princeton University.
After graduating, Bezos spent some time working on Wall Street...But, 4 years later in 1995, he quit to open his own online bookstore from his garage - Amazon.com.
The birth of Amazon.com changed everything for Bezos.
via: GettyThe initial success of the online store was staggering. Within the first thirty days, Amazon.com had sold books all across the United States, and across forty-five foreign countries.
And the online retailer only went from strength to strength.
via: GettyIn mere years following from its launch, Amazon.com began stocking a wider variety of products, such as electronics, clothing, and toys, making it the number one online retailer.
It's yearly earnings kept multiplying...
via: GettyAnd, as of this year, the company alone has been reported to be worth $1000B.
Bezos's accomplishment with Amazon is staggering.
via: GettyAnd he didn't stop there. In 2013, Bezos revealed that he had purchased the Washington Post, which he has since made profitable with a revenue of over $100 million.
But, despite all of his success...
via: GettyBezos has faced a significant amount of controversy regarding his work ethics and spending habits.
It has been revealed that Bezos provides a shockingly low standard of working conditions for his employees.Over the last couple of years, more and more stories of Amazon workers being forced to work unethical hours for ridiculously low wages - as little as $10 an hour, in some instances - have been emerging.
Oh, and Amazon paid $0 in federal taxes in 2018.Despite the retailer being one of the most valuable companies in the world, and pulling in $232.9 billion in global revenue in 2018, they paid absolutely nothing in federal tax that year. Doesn't look great for the wealthiest man in the world, does it?
But, regardless of all the controversy surrounding the business tycoon...
via: GettyBezos still remains one of the most powerful men in the world, and a little tax evasion and unethical labor definitely won't be fazing him anytime soon.
Bezos has still embarked on many ambitious quests amidst the controversy.
via: GettyIn May last year, he proudly unveiled Amazon's "Blue Moon", his very own lunar lander project.
He wants to help get man back on the moon.
via: GettyWhich, with all his money, could very well be possible. "My generation's job is to build the infrastructure," Bezos declared at the unveiling, "we're going to build the road to space."
But his latest venture may be his most ambitious yet.
via: GettyWhat could be more ambitious than landing on the moon, I hear you ask?
Fixing our planet, that's what.
via: GettyYep, Bezos has finally addressed the elephant in the room, and has finally pledged a chunk of his wealth to one of the most important issues of our decade - Climate change.
Admittedly, Bezos has addressed the issue of climate change in the past.
via: GettyIn September, the CEO announced Amazon's climate pledge, which aims to get the company carbon-neutral by 2040, 100% renewable energy by 2o30, and 100,000 electric delivery vehicles by 2030.
But he isn't exactly known for his charitable efforts...
via: GettyAs the business tycoon was famously slammed at the back end of last year when he donated only $690,000 to the Australian bushfire crisis... A whole 3 minutes' wage for him, just to put it into perspective.
But, for 2020, he appears to have had a change of heart.
via: GettyYesterday, the CEO announced that he would be pledging a staggering $10 billion towards combating climate change.
His shock donation came with the launch of the Bezos Earth Fund.
He explained his passion for protecting our planet...
via: GettyAnd revealed that grants will begin this summer. "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."
He goes on to explain exactly what the Bezos Earth Fund aims to do in the battle against climate change.
via: Getty"This global initiative will fund scientists, activists, NGOs — any effort that offers a real possibility to help preserve and protect the natural world."
He believes that we can save our Earth...
via: GettyBut it'll require a collaborative team effort. "We can save Earth. It’s going to take collective action from big companies, small companies, nation states, global organizations, and individuals."
The Bezos Earth Fund is shining a ray of light in an otherwise dark world...
via: GettyAnd let's hope that Bezos' latest quest will pay off in the long run. For more... Ahem, controversial answers to climate change, keep scrolling to read about the man who believes cannibalism is the answer...