3 ms·
He has said before "The only way that I can see to deploy this much financial resource is by converting my Amazon winnings into space travel. That is basically
by Latty 7y ago
He has said before "The only way that I can see to deploy this much financial resource is by converting my Amazon winnings into space travel. That is basically it."
Now, in-context (https://www.businessinsider.com/jeff-bezos-interview-axel-springer-ceo-amazon-trump-blue-origin-family-regulation-washington-post-2018-4 https://www.businessinsider.com/jeff-bezos-interview-axel-sp...), he is saying that with an implicit "usefully", and I don't want to pretend he was saying what I am about to say, but it does sum it up very well.
He has so much money he doesn't even know how he can spend it, it is simply the last option left of a thing to buy that no one else can. It is a vanity project.
If he really wanted to cause positive change in the world, he could start by making Amazon less anti-consumer and anti-worker. It is well documented how bad Amazon is in those aspects, and the fact he has such insane wealth proves it doesn't have to be.
I love space, and I love seeing advancement in the area—I truly do. However, there comes a point at which you must ask if the investment is justified when compared to what else could be done with that money. I think Bill Gates focuses a lot more on actually helping improve the world (again, not that it justifies the cost of the way that wealth was obtained). The real answer is that it should not be possible to amass such insane wealth—as it simply means too much power in the hands of a few people. It is nice that there has been a spate of the ultra-wealthy trying to do philanthropic things, but it doesn't mean the system is working.