Dear MEL Topic Readers,
Jeff Bezos: World's richest man pledges $10bn
to fight climate change
The founder and chief executive officer of the
world’s largest online sales, internet company by revenue, and AI assistance
provider, Amazon, Jeff Bezos, is known to many in the world. As Amazon’s market
capitalization reaches one trillion US dollars, his net worth exceeds 120
billion. Now, he is named the richest man on Earth.
So, what does he do with that much money? As
he’s only 56 this year, there are many things he can do. So far, besides Amazon,
he founded Blue Origin, the aerospace manufacturer and sub-orbital spaceflight
services company and bought The Washington Post, the major American newspaper,
neither of which is an environmental or philanthropic organization. So, he’s been
criticized for not being generous to others or conscious of the environment.
Now, he pledged 10 billion dollars to help preserve
and protect the natural world by exploring new ways of fighting the impact of
climate change.
10 billion dollars to start a fund for a
philanthropic cause! It is surely a huge amount of money and if it is well
invested and used, it’ll help save the environment a lot.
In the meanwhile, the new fund represents about
8% of his wealth. What will he do with the rest of his money?
Enjoy reading the article and think about what he
is interested or expected to do the next.
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