According to the financial magazine “Forbes”, Bezos is currently the fourth richest person in the world with an estimated fortune of more than 120 billion dollars. The founder of the online trading giant Amazon had been at the top of the ranking for a long time.

However, unlike his ex-wife MacKenzie Scott, Microsoft founder Bill Gates and financial investor Warren Buffett, he has not joined the “Giving Pledge”, with which numerous billionaires have pledged to donate a large part of their wealth to charity.

Bezos now said on CNN that it is “not easy” to decide where donations make the most sense. “Building Amazon wasn’t easy, and I think – and I think Lauren thinks so too – that charity and philanthropy are very similar.” There are “many ways you could do ineffective things”.

Bezos and Sánchez, 52, announced over the weekend that they were giving country music legend Dolly Parton $100 million so she could donate the money to charities of her choice. Parton has advocated for children’s literacy skills.