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The Economic Times
The Economic Times
National

Jeff Bezos and Lauren Sánchez have donated about $4.7 billion so far. But it is still a drop in the bucket for the Amazon founder

Jeff Bezos, the second-richest person in the world, and his wife Lauren Sánchez have donated about $4.7 billion so far. The Amazon founder has now announced more than $25 million in new grants through the Bezos Earth Fund. The latest funding will support ocean conservation projects in the Cook Islands, Kiribati, Papua New Guinea, Tonga and Vanuatu. The initiatives are aimed at protecting and sustainably managing more than 625,000 square miles of ocean. For Bezos, however, the amount remains a fraction of his estimated $272 billion net worth.

Bezos pledged $10 billion to the Earth Fund in 2020, with the money intended to be distributed over a decade to help address climate change and protect nature. The fund has so far announced billions of dollars in grants across a range of environmental initiatives.

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