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your first booking in the app. One app, over 300,000 travel experiences you'll remember. Do more with Vaiator. So the richest person in the world just made a big commitment in the name of the

environment.

Amazon CEO Jeff Bezos has announced he's giving away 10 billion dollars to fight climate change.

In a post on Instagram today, he unveiled the Bezos Earth Fund.

He says the project will fund scientists, activists, NGOs, and any other effort that will help preserve our warming world.

Jeff Bezos, Amazon's founder and CEO, and a person whose empire includes everything from Whole Foods and the Washington Post to a rocket company

has announced that he's putting a historic amount of money

$10 billion into a new Earth fund. The money will be geared toward helping

humanity tackle one of the biggest challenges we've ever faced, climate change.

So, should we be excited about this? I'm Ariel Dum Ross. This is reset. Teddy Schliefer, Senior Report at Recode, Help Me Out Here. How much is $10 billion to

Bezos?

Depends how you run the math here. I mean Jeff Bezos with a net worth of 130 billion dollars is making

one of the largest charitable gifts ever. 10 billion dollars to combat climate change. Sounds pretty good.

But it's only about 8% of his net worth, which obviously raises the possibility that he could be doing a lot more.

Okay, so why is this news?

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