<p>Amazon founder Jeff Bezos for the first time said he will give away most of his $124 billion fortune to charity, but warned that doing so effectively will be difficult.</p>.<p>The pledge matched similar commitments by some of the world's richest people, including Bill and Melinda Gates, Warren Buffett and others.</p>.<p>In a CNN interview released on Monday, Bezos said he and his partner Lauren Sanchez were "building the capacity to be able to give away this money."</p>.<p>Asked whether he intended to donate most of his wealth within his lifetime, the 58-year-old Bezos said: "Yeah, I do."</p>.<p>Bezos has been under pressure to make the pledge after his ex-wife, author MacKenzie Scott, in 2019 committed to donate half her vast wealth after their divorce.</p>.<p>Bezos told CNN he intended to maximize returns in his philanthropy, a concern that has also been put forward by other tech titans, including Facebook founder Mark Zuckerberg.</p>.<p>"The hard part is figuring out how to do it in a levered way," he said in the joint interview with Sanchez.</p>.<p>"It's not easy. Building Amazon was not easy...and I'm finding - and I think Lauren is finding the same thing - that charity, philanthropy is very similar."</p>.<p>"There are a bunch of ways that I think you could do ineffective things," he added.</p>.<p>Bezos and Sanchez on Saturday announced they were giving Dolly Parton 100 million dollars to give to charities of her choosing.</p>.<p>Bezos said that Parton "gives with heart" and praised the country legend on her promotion of children's literacy.</p>
<p>Amazon founder Jeff Bezos for the first time said he will give away most of his $124 billion fortune to charity, but warned that doing so effectively will be difficult.</p>.<p>The pledge matched similar commitments by some of the world's richest people, including Bill and Melinda Gates, Warren Buffett and others.</p>.<p>In a CNN interview released on Monday, Bezos said he and his partner Lauren Sanchez were "building the capacity to be able to give away this money."</p>.<p>Asked whether he intended to donate most of his wealth within his lifetime, the 58-year-old Bezos said: "Yeah, I do."</p>.<p>Bezos has been under pressure to make the pledge after his ex-wife, author MacKenzie Scott, in 2019 committed to donate half her vast wealth after their divorce.</p>.<p>Bezos told CNN he intended to maximize returns in his philanthropy, a concern that has also been put forward by other tech titans, including Facebook founder Mark Zuckerberg.</p>.<p>"The hard part is figuring out how to do it in a levered way," he said in the joint interview with Sanchez.</p>.<p>"It's not easy. Building Amazon was not easy...and I'm finding - and I think Lauren is finding the same thing - that charity, philanthropy is very similar."</p>.<p>"There are a bunch of ways that I think you could do ineffective things," he added.</p>.<p>Bezos and Sanchez on Saturday announced they were giving Dolly Parton 100 million dollars to give to charities of her choosing.</p>.<p>Bezos said that Parton "gives with heart" and praised the country legend on her promotion of children's literacy.</p>