After years of being criticized for his philanthropic commitments, Jeff Bezos said he would donate most of his billions to philanthropic causes during his lifetime.

Amazon CEO Jeff Bezos Attends Amazon's Annual Smbhav Event In Delhi

For the first time, Jeff Bezos wants to give most of his money to charity.

Hindustan Times via Getty Images

He has committed billions of dollars to fighting climate and made a number of high-profile nine-figure donations to institutions like the Air and Space Museum.

While Warren Buffet and Bill Gates encouraged billionaires to give most of their money to charity, Jeff Bezos remained perplexed by the best way to dedicate his billions.

Bezos made an apparent dig at other high-profile donors when he said, "There are a bunch of ways that I think you could do ineffectual things, too."

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The fourth- largest fortune in the world is estimated to be $124 billion by us. Bezos' net worth has shrunk as his stock price has fallen. The 58-year-old was worth more than $200 billion last year, but shares of the Seattle-based firm are down more than 40% year-to-date

The divorce of Bezos and Scott resulted in Scott getting a 25% stake in Amazon. Scott has given away $12.8 billion since 2020, more than 500% more than her ex- husband has given in his lifetime, according to our estimates last month. The Giving Pledge was signed by Scott before her divorce was finalized.

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According to reports, Bezos is interested in buying the Washington Commanders and setting a record price for a sports team sale. Lauren Snchez said she liked football. I will throw that out there for everyone.

Here is how much more Scott has donated to charity.

How rich was Jeff Bezos when he became Amazon's CEO?

Jeff Bezos made his biggest donation to the company this year.