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Jeff Bezos pledges to give away most of his fortune

Amazon founder’s decision comes after he gave singer Dolly Parton $100mn to send to charities of her choice

Amazon founder and former chief executive Jeff Bezos has for the first time pledged to give away most of his $124bn fortune during his lifetime.

Asked during an interview whether he intends to donate the majority of his wealth, the US billionaire told CNN: “Yeah, I do. The hard part is figuring out how to do it in a levered way. It’s not easy.”

He added: “I’m finding that . . . philanthropy is not easy. It’s really hard. And there are a bunch of ways that you can do ineffective things, too.

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