Amazon CEO Jeff Bezos (R) and MacKenzie Bezos, announced their divorce in January. Mrs Bezos has since signed The Giving Pledge, stating that she will donate half of her fortune to charitable causes. REUTERS
Amazon CEO Jeff Bezos (R) and MacKenzie Bezos, announced their divorce in January. Mrs Bezos has since signed The Giving Pledge, stating that she will donate half of her fortune to charitable causes. REUTERS
Amazon CEO Jeff Bezos (R) and MacKenzie Bezos, announced their divorce in January. Mrs Bezos has since signed The Giving Pledge, stating that she will donate half of her fortune to charitable causes. REUTERS
Amazon CEO Jeff Bezos (R) and MacKenzie Bezos, announced their divorce in January. Mrs Bezos has since signed The Giving Pledge, stating that she will donate half of her fortune to charitable causes.

MacKenzie Bezos pledges half her fortune to charity


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MacKenzie Bezos, who finalised her divorce from Amazon founder and chief executive Jeff Bezos this year, is pledging to give away half of her fortune to charity.

The novelist said on Tuesday that she signed The Giving Pledge, a campaign to have the ultra-wealthy pledge at least half of their fortunes to charitable causes

It was formed in 2010 by billionaire investor Warren Buffett, and Microsoft co-founder Bill Gates and his wife Melinda.

Those who join can give away their money while they are alive or leave instructions in their wills. They also decide where and how their money is donated.

In a letter Tuesday, Ms Bezos did not say how she planned to give her money away. The divorce left her with a 4 per cent stake worth more than $36 billion (Dh132.24bn) in the online shopping giant.

“I have a disproportionate amount of money to share,” she said in her letter.

Mr Bezos, who has not signed The Giving Pledge, tweeted his support.

“MacKenzie is going to be amazing and thoughtful and effective at philanthropy, and I’m proud of her," he said. "Her letter is so beautiful. Go get ’em, MacKenzie.”

The couple, who have four children, first announced that they were divorcing in January ahead of a National Enquirer story that revealed Mr Bezos was having an affair with a former TV host.

He later accused the tabloid’s publisher of threatening to publish explicit photos he sent to his lover unless he stopped investigating how the paper obtained the private messages.

The National Enquirer has denied the accusation.

Mr Bezos, who founded Amazon as an online bookstore more than two decades ago, has become the world’s richest man thanks to the company's surging stock price.

His stake in the company after the divorce is worth more than $108bn.

Mr Bezos has wrestled with how to give away some of his fortune, asking his Twitter followers in 2017 for philanthropic ideas.

Last year, he committed $2bn to a charitable fund that will focus on opening preschools in low-income neighborhoods and donates money to charities that help homeless families. So far, he has given $100 million to that fund.

Mr Bezos has also said that he considered his self-funded space exploration company Blue Origin and his purchase of The Washington Post newspaper as "contributing to society and civilisation".

On Tuesday, The Giving Pledge said that Ms Bezos was one of 19 new people or couples who joined the pledge, bringing the total number to 204.

Others who have signed the pledge include Elon Musk, co-founder of electric car company Tesla, and oil baron T Boone Pickens.

The specs
Engine: 4.0-litre flat-six
Power: 510hp at 9,000rpm
Torque: 450Nm at 6,100rpm
Transmission: 7-speed PDK auto or 6-speed manual
Fuel economy, combined: 13.8L/100km
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Name: Abeer Al Shahi

Emirate: Sharjah – Khor Fakkan

Education: Master’s degree in special education, preparing for a PhD in philosophy.

Favourite activities: Bungee jumping

Favourite quote: “My people and I will not settle for anything less than first place” – Sheikh Mohammed bin Rashid.

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MIDWAY

Produced: Lionsgate Films, Shanghai Ryui Entertainment, Street Light Entertainment
Directed: Roland Emmerich
Cast: Ed Skrein, Woody Harrelson, Dennis Quaid, Aaron Eckhart, Luke Evans, Nick Jonas, Mandy Moore, Darren Criss
Rating: 3.5/5 stars

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UAE currency: the story behind the money in your pockets
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Specs
Engine: Electric motor generating 54.2kWh (Cooper SE and Aceman SE), 64.6kW (Countryman All4 SE)
Power: 218hp (Cooper and Aceman), 313hp (Countryman)
Torque: 330Nm (Cooper and Aceman), 494Nm (Countryman)
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Key facilities
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Conflict, drought, famine

Estimates of the number of deaths caused by the famine range from 400,000 to 1 million, according to a document prepared for the UK House of Lords in 2024.
It has been claimed that the policies of the Ethiopian government, which took control after deposing Emperor Haile Selassie in a military-led revolution in 1974, contributed to the scale of the famine.
Dr Miriam Bradley, senior lecturer in humanitarian studies at the University of Manchester, has argued that, by the early 1980s, “several government policies combined to cause, rather than prevent, a famine which lasted from 1983 to 1985. Mengistu’s government imposed Stalinist-model agricultural policies involving forced collectivisation and villagisation [relocation of communities into planned villages].
The West became aware of the catastrophe through a series of BBC News reports by journalist Michael Buerk in October 1984 describing a “biblical famine” and containing graphic images of thousands of people, including children, facing starvation.

Band Aid

Bob Geldof, singer with the Irish rock group The Boomtown Rats, formed Band Aid in response to the horrific images shown in the news broadcasts.
With Midge Ure of the band Ultravox, he wrote the hit charity single Do They Know it’s Christmas in December 1984, featuring a string of high-profile musicians.
Following the single’s success, the idea to stage a rock concert evolved.
Live Aid was a series of simultaneous concerts that took place at Wembley Stadium in London, John F Kennedy Stadium in Philadelphia, the US, and at various other venues across the world.
The combined event was broadcast to an estimated worldwide audience of 1.5 billion.

F1 The Movie

Starring: Brad Pitt, Damson Idris, Kerry Condon, Javier Bardem

Director: Joseph Kosinski

Rating: 4/5

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The specs

Engine: 2.0-litre 4cyl turbo

Power: 261hp at 5,500rpm

Torque: 405Nm at 1,750-3,500rpm

Transmission: 9-speed auto

Fuel consumption: 6.9L/100km

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Specs

Engine: Duel electric motors
Power: 659hp
Torque: 1075Nm
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Price: On request

Gothia Cup 2025

4,872 matches 

1,942 teams

116 pitches

76 nations

26 UAE teams

15 Lebanese teams

2 Kuwaiti teams

Company profile

Company: Rent Your Wardrobe 

Date started: May 2021 

Founder: Mamta Arora 

Based: Dubai 

Sector: Clothes rental subscription 

Stage: Bootstrapped, self-funded 

Benefits of first-time home buyers' scheme
  • Priority access to new homes from participating developers
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UAE currency: the story behind the money in your pockets
Match info

Uefa Champions League Group B

Barcelona v Tottenham Hotspur, midnight

Founders: Abdulmajeed Alsukhan, Turki Bin Zarah and Abdulmohsen Albabtain.

Based: Riyadh

Offices: UAE, Vietnam and Germany

Founded: September, 2020

Number of employees: 70

Sector: FinTech, online payment solutions

Funding to date: $116m in two funding rounds  

Investors: Checkout.com, Impact46, Vision Ventures, Wealth Well, Seedra, Khwarizmi, Hala Ventures, Nama Ventures and family offices

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Director: Basel Adra, Yuval Abraham, Rachel Szor, Hamdan Ballal

Stars: Basel Adra, Yuval Abraham

Rating: 3.5/5

Global state-owned investor ranking by size

1.

United States

2.

China

3.

UAE

4.

Japan

5

Norway

6.

Canada

7.

Singapore

8.

Australia

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Saudi Arabia

10.

South Korea

The specs

Engine: Four electric motors, one at each wheel

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Torque: 859Nm

Transmission: Single-speed automatic

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On sale: Now