Amazon founder and billionaire, Jeff Bezos, is known for frequently making donations to non-profit organisations. He himself runs non-profit funds, foundations, and preschools aimed at climate change and education.
According to Form 4 filings with the US Securities and Exchange Commission, Bezos gifted over 5.2 million shares of Amazon (Nasdaq: AMZN) to non-profit organisations between 14th August and 28th August. The total number of Amazon shares donated would be worth over $120.8 million (£88.6 million) based on the latest closing price of $231.62 (£169.94). Bezos owned over 883 million shares of the company after the donation, according to the filing. This year alone, Bezos has already gifted millions of Amazon shares to non-profits, with the first donation in early March. He remains on track to match last year's record.
