Amazon founder Jeff Bezos says he will give away most of his fortune

Amazon founder Jeff Bezos said he will give away the majority of his wealth during his lifetime, becoming the latest billionaire to pledge to donate much of his vast fortune.

Bezos, whose real-time worth Forbes magazine estimates at roughly $124.1 billion, made the announcement in a joint CNN interview with his girlfriend Lauren Sanchez that was released on Monday. The billionaire didn’t specify how – or to whom – he will give away the money, but said the couple were building the capacity to do it.

The hard part is figuring out how to do it in a levered way, Bezos said during the interview. It’s not easy. Building Amazon was not easy. It took a lot of hard work and very smart teammates.