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3.2-1.8 3.8 1.4 3.8 4.2V20z"/></svg></a></li></ul></div><figure class="embed-base image-embed embed-0" role="presentation"><div style="padding-top:66.53%;position:relative" class="image-embed__placeholder"><progressive-image src="https://specials-images.forbesimg.com/imageserve/620ae41653a832e0f40216a1/Amazon-Unveils-Its-First-Smartphone/960x0.jpg?fit=scale" alt="Amazon Unveils Its First Smartphone" data-height="2133" data-width="3200"></progressive-image></div><figcaption><fbs-accordion class="expandable" current="-1"><p class="color-body light-text">Amazon.com founder and CEO Jeff Bezos presents the company's first smartphone, the Fire Phone, on <span class="plus" data-ga-track="caption expand">... [+]</span><span class="expanded-caption"> June 18, 2014 in Seattle, Washington.</span></p></fbs-accordion><small>Getty Images</small></figcaption></figure> <p>Last week, Amazon founder Jeff Bezos transferred $174 million worth of Amazon shares to nonprofits, his largest donation via Amazon stock this year.</p> <div class="halfway_hardwall_1"></div> <p>According to a Securities and Exchange Commission <a href="https://www.sec.gov/Archives/edgar/data/1043298/000112760222025033/xslF345X03/form4.xml" target="_blank" class="color-link" title="https://www.sec.gov/Archives/edgar/data/1043298/000112760222025033/xslF345X03/form4.xml" rel="nofollow noopener noreferrer" data-ga-track="ExternalLink:https://www.sec.gov/Archives/edgar/data/1043298/000112760222025033/xslF345X03/form4.xml" aria-label="filing">filing</a>, Bezos gave 1.9 million shares of Amazon on Nov. 3 and 4 to charitable organizations. Bezos isn’t required to disclose the recipients of his stock gifts, so it’s unclear which groups received those shares. A spokesperson for Bezos did not immediately respond to a request for comment from <em>Forbes</em>.</p> <div class="halfway_hardwall_2"></div> <div class="article_paragraph_2"></div> <p>Bezos, the fourth-richest person in the world worth $112.6 billion, does most of his philanthropy with Amazon stock, which nonprofits can sell at any time without paying capital gains taxes. According to SEC filings, Bezos has gifted nearly $600 million in Amazon shares this year—and hasn’t said where any of those gifts went. He typically announces public donations sometime after he’s transferred the stock. Bezos still owns roughly 10% of Amazon stock, which is worth 90 billion.</p> <div class="halfway_hardwall_3"></div> <p>Since stepping down as CEO of Amazon last year, Bezos has stepped up his charitable giving. He accepted a philanthropy award at the Vatican last month and made headline-grabbing donations last year to the Smithsonian Air and Space Museum (a $200 million pledge over four yearsCK) and to the Obama Foundation (a $100 million donation). His biggest philanthropic endeavor, though, is the Bezos Earth Fund, a $10 billion commitment over ten years to combat climate change. It’s possible that the shares he’s gifted this year are part of that fund, which has distributed $1.54 billion in grants since its creation in 2020, according to its <a href="https://www.bezosearthfund.org/" target="_blank" class="color-link" title="https://www.bezosearthfund.org/" rel="nofollow noopener noreferrer" data-ga-track="ExternalLink:https://www.bezosearthfund.org/" aria-label="website">website</a>.</p> <div class="halfway_hardwall_4"></div> <div class="vestpocket" vest-pocket=""></div> <p>Still, Bezos isn’t a particularly remarkable philanthropist numbers-wise. According to <em>Forbes</em> estimates, Bezos has given away $2.4 billion to charity during his lifetime, which, like the <a href="https://www.forbes.com/sites/rachelsandler/2022/09/27/the-forbes-philanthropy-score-2022-how-charitable-are-the-richest-americans/?sh=310da499a098" target="_self" class="color-link" title="https://www.forbes.com/sites/rachelsandler/2022/09/27/the-forbes-philanthropy-score-2022-how-charitable-are-the-richest-americans/?sh=310da499a098" data-ga-track="InternalLink:https://www.forbes.com/sites/rachelsandler/2022/09/27/the-forbes-philanthropy-score-2022-how-charitable-are-the-richest-americans/?sh=310da499a098" aria-label="vast majority">vast majority</a> of the 400 richest people in America, amounts to less than 5% of his fortune. <em>Forbes</em> doesn’t count pledges of future donations, including the portion of the $10 billion Bezos Earth Fund commitment that hasn’t yet been donated. We also don’t count gifts of stock where it’s unclear which nonprofits received it–like the donation he made last week. That is because those shares could have gone to a donor-advised fund, a philanthropic black box without any legal requirements governing when that money has to be given away.</p><fbs-ad position="inread" progressive="" ad-id="article-0-inread" aria-hidden="true" role="presentation"></fbs-ad> <p><a href="https://www.forbes.com/sites/rachelsandler/2022/10/26/heres-how-much-more-mackenzie-scott-has-donated-to-charity-than-ex-husband-jeff-bezos/?sh=16a03efd1e28" target="_self" class="color-link" title="https://www.forbes.com/sites/rachelsandler/2022/10/26/heres-how-much-more-mackenzie-scott-has-donated-to-charity-than-ex-husband-jeff-bezos/?sh=16a03efd1e28" data-ga-track="InternalLink:https://www.forbes.com/sites/rachelsandler/2022/10/26/heres-how-much-more-mackenzie-scott-has-donated-to-charity-than-ex-husband-jeff-bezos/?sh=16a03efd1e28" aria-label="Compare">Compare</a> that to his ex-wife, MacKenzie Scott, who is giving away a big chunk of the fortune she got in the couple’s 2019 divorce at an unprecedented clip. 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