Jeff Bezos Plans to Give Away the Bulk of His Fortune, New Grant of $100 Million to Dolly PartonThe Amazon founder is worth a whopping $121.1 billion.

BySam Silverman

Amazon founderJeff Bezosis giving back in a big way, andDolly Partonis first on his list.

The在美国第二首富, with a net worth of $121.1 billion perForbes, said he plans to give away the bulk of his fortune in his lifetime while speaking withCNN. Alongside his partnerLauren Sanchez,这对夫妇th说ey are "building the capacity to be able to give away this money" to help climate change and other various humanitarian efforts.

While he didn't divulge exactly how he plans to divvy up his riches, he awarded Dolly Parton $100 million after honoring the country artist and philanthropist with his Courage and Civility Award on Saturday.

The award is given to those who "lead with heart," Bezos said on Twitter.

"When you think of Dolly," Sánchez said while speaking with CNN, "Look, everyone smiles, right? She is just beaming with light. And all she wants to do is bring light into other people's worlds. And so we couldn't have thought of someone better than to give this award to Dolly, and we know she's going to do amazing things with it."

Parton is only the third recipient of the award, joining chef Jose Andrés who used his winnings to help make meals for Ukrainians, and CNN's Van Jones who has yet to disclose how he is distributing his award.

Dolly has yet to reveal exactly what she plans to do with her award.

Parton has several foundations including The Dollywood Foundation and The Dolly Parton's Imagination Library, which support children's education, according toFox Business. Additionally, she also helped fund the COVID-19 vaccine Moderna.

Wavy Line
Sam Silverman

Entrepreneur Staff

Content Strategy Editor

Sam Silverman is a content strategy editor at Entrepreneur Media. She specializes in search engine optimization (SEO), and her work can be found inThe US Sun,Nicki Swift,In Touch Weekly,Life & StyleandHealth. She writes for our news team with a focus on investigating scandals. Her coverage and expertise span from business news, entrepreneurship, technology, and true crime, to the latest in entertainment and TV news. Sam is a graduate of Lehigh University and currently resides in NYC.

Editor's Pick

Related Topics

Business News

Teen Stranded in Florida After American Airlines Cancels His Ticket for Planning to Leave the Airport at Layover

The phenomenon is known as "skiplagging," an attempt to find the lowest fares possible by only taking part in one leg of connecting flight.

Growing a Business

She Used $10,000 in Savings to Turn Her Side Hustle Into an 8-Figure Brand You've Probably Seen

Janessa Leone always aspired to be a fashion founder, but her road to owning an internationally recognized brand beloved by A-list celebrities was a winding, "quite kismet" one.

Starting a Business

How to Be a Personal Concierge

Make every client feel like the most important person in the world with a personal concierge service.

Business News

Costco Stamps Bud Light With Its 'Star of Death' After Severe Backlash

Bud Light sales are down more than 30% compared to June 2022.

Business Models

How to Create a Company Profile in 8 Simple Steps

如果你business does not have a clear and unique identity, it will naturally be tough to raise investment or create a brand that customers prefer.

Business News

Carnival Cruise Wants Passengers to Have Fun in the Sun — But Do This, and You'll Get Burned With a New $500 Fee

The cruise line's updated contract follows a spate of unruly guest behavior across the tourism industry.