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Jeff Bezos commits $10 billion to fight climate change

San Francisco (CNN Business)Jeff Bezos is throwing his weight — and wealth — behind the fight against climate change months after Amazon employees publicly pressured him and the company to do more to address the issue.The Amazon (AMZN) CEO on Monday announced a new fund to back scientists, activists and organizations working to mitigate the impact of climate change. Bezos will commit $10 billion "to start," he said in an Instagram post. The initiative, called the Bezos Earth Fund, will begin giving out grants this summer. The $10 billion commitment constitutes less than 8% of the world's richest man's estimated $130 billion net worth. Even so, it is one of the biggest charitable pledges ever, according to a ranking by the Chronicle of P ...
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