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Jeff Bezos launches $10 billion Bezos Earth Fund

Jeff Bezos
Amazon CEO Jeff Bezos speaks at the Amazon Spheres in 2018. (GeekWire Photo / Kurt Schlosser)

Amazon CEO Jeff Bezos says he’s launching a $10 billion Bezos Earth Fund that will issue grants aimed at addressing climate change — a move that comes less than a month after hundreds of Amazon employees criticized what they saw as the company’s weak commitment to tackling the issue.

Bezos, who’s the world’s richest individual with a net worth estimated at nearly $130 billion, unveiled his philanthropic initiative in an Instagram post.

“Climate change is the biggest threat to our planet,” he wrote. “I want to work alongside others both to amplify known ways and to explore new ways of fighting the devastating impact of climate change on this planet we all share.”

He said the first grants to scientists, activists and non-governmental organizations would be issued this summer.

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By Alan Boyle

Mastermind of Cosmic Log, contributing editor at GeekWire, author of "The Case for Pluto: How a Little Planet Made a Big Difference," president of the Council for the Advancement of Science Writing. Check out "About Alan Boyle" for more fun facts.

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