Cyber Monday Sale! 50% Off All Access

Jeff Bezos Gets Slammed for Meager 690,000 Donation to Australian Wildfire Crisis The Amazon CEO's donation is less than he makes in five minutes

By Aaron Holmes Edited by Frances Dodds

This story originally appeared on Business Insider

AP Photo/Pablo Martinez Monsivais via BI
Jeff Bezos threw his weight behind the US military.

In a heartfelt Instagram post last week, Amazon CEO Jeff Bezos announced that the company will donate $690,000 to the Australian wildfire recovery effort. That's roughly how much money he makes in five minutes.

Australia's wildfires have devastated the country since they began in late July, killing at least 28 people and burning more than 2,000 homes. In a blog post, Amazon said it will channel the money to relief agencies geared towards helping victims and restoring wildlife.

The internet was quick to criticize the size of Amazon's donation, noting that it represented just a tiny fraction of Amazon's $936 billion market cap. By contrast, Facebook said it will donate $1.25 million, and celebrities including Kylie Jenner and Metallica both pledged larger donations than Amazon. Sex workers said they raised nearly double what Amazon pledged for the Australia wildfires by selling nude photos online.

Jeff Bezos alone makes roughly $78.5 billion per year, which breaks down to more than $215 million per day, or $149,353 per minute.

An Amazon spokesperson did not immediately respond to a request for comment.

People reacted to Amazon's donation with ridicule over the weekend.

Metallica announced last week that it would give $750,000 to fire-fighting efforts in Australia.

People pointed out that a model singlehandedly raised roughly $1 million by selling nude photos for charity last week.

The 20-year-old model is still raising money for fire relief.

Kylie Jenner, a billionaire with a significantly smaller net worth than Bezos, said she would donate $1 million.

Jenner's donation came after she faced minor backlash for an Instagram post about the fires that was criticized as tasteless.

By the end of the week, many were calling on Amazon to pledge a heftier sum.

Jeff Bezos alone makes roughly $78.5 billion per year, which breaks down to more than $215 million per day, or $149,353 per minute.

An Amazon spokesperson did not immediately respond to a request for comment.

Want to be an Entrepreneur Leadership Network contributor? Apply now to join.

Business News

'Something Previously Impossible': New AI Makes 3D Worlds Out of a Single Image

The new technology allows viewers to explore two-dimensional images in 3D.

Business News

'Pre-Boarding Scam': Customers Furious at Southwest Airlines After 20 Passengers Ask For Wheelchair Assistance to Board

A viral tweet is slamming the airline's wheelchair policy for boarding and disembarking.

Business News

'I Stand By My Decisions': A CEO Is Going Viral For Firing Almost All of the Company's Employees — Here's Why

The Musicians Club CEO Baldvin Oddsson fired 99 workers at once over Slack for missing a morning meeting. But there's a catch.

Fundraising

They Turned Down an Early Pay Day to Maintain Control of Their Business. And Then Went on to Raise $190 Million.

Jason Yeh, co-founder and General Partner of Patron, explains the early-stage venture firm's creation and future outlook.

Business Ideas

63 Small Business Ideas to Start in 2024

We put together a list of the best, most profitable small business ideas for entrepreneurs to pursue in 2024.