The 10th Annual LACMA Art+Film Gala presented by Gucci at Los Angeles County was attended by Jeff Bezos.
According to Securities and Exchange Filings reviewed by Forbes, Amazon founder Jeff Bezos donated another $100 million this week, but it is not clear what nonprofit he donated to.
According to an SEC filing from Tuesday, Bezos transferred 47,727 shares of Amazon stock to an unnamed nonprofit, worth a total of $118 million based on that day's closing stock price. The receiving nonprofit is allowed to sell Amazon shares without paying capital gains taxes if Bezos gives them a gift. According to SEC filings, Bezos has gifted 84,030 Amazon shares worth $233 million to unnamed nonprofits.
A person for Bezos did not respond to a request for comment from Forbes. Bezos doesn't have to reveal which nonprofits receive his shares, but he tends to announce his large donations after he transfers the stock.
Bezos has made a number of donations in recent years. He gave $100 million to former president Barack Obama's Foundation, as well as to World Central Kitchen and Van Jones. He made a $200 million pledge to the Air and Space Museum just days before he went to space on his Blue Origin rocket. $100 million per year is given to organizations helping homeless families by Bezos as part of his Day One Fund initiative.
One possibility is that the shares given away this year are going to environmental nonprofits as part of the Bezos Earth Fund, the Amazon founder's $10 billion initiative to combat climate change. According to its website, the fund has granted over a billion dollars.
Bezos landed on the Forbes list of Top Givers for the first time this year, but overall giving pales in comparison to his ex-wife, who is giving away her fortune at a faster pace than anyone in modern history. According to Forbes calculations, Bezos has given away more than Scott has donated. She has a net worth of $34.3 billion. As of Friday afternoon, Bezos was the third-richest person in the world.
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