• Home
  • Latest
  • Fortune 500
  • Finance
  • Tech
  • Leadership
  • Lifestyle
  • Rankings
  • Multimedia

Trendingnow

1

OpenAI says its AI models secretly broke out of a secure test environment and hacked into AI company Hugging Face in order to cheat on an evaluation

2

Mark Cuban says he has the solution to growing income inequality, and it's to reward every employee—from CEO to janitor—with company stock

3

Mathematicians grapple with a ‘very rapid and very unsettling change’ as AI cracks yet another century-old problem

1

OpenAI says its AI models secretly broke out of a secure test environment and hacked into AI company Hugging Face in order to cheat on an evaluation

2

Mark Cuban says he has the solution to growing income inequality, and it's to reward every employee—from CEO to janitor—with company stock

3

Mathematicians grapple with a ‘very rapid and very unsettling change’ as AI cracks yet another century-old problem
FinanceJeff Bezos

‘Nobody’s heard anything at all’: Jeff Bezos promised $100 million after Maui wildfire but locals are mystified about where it’s going

By
Bloomberg
Bloomberg
Down Arrow Button Icon
By
Bloomberg
Bloomberg
Down Arrow Button Icon
January 18, 2024, 4:32 PM ET
Jeff Bezos and Lauren Sanchez promised $100 million after the Maui wildfires. A spokesperson says they've given $15.5 million to date, but won't say where.
Jeff Bezos and Lauren Sanchez promised $100 million after the Maui wildfires. A spokesperson says they've given $15.5 million to date, but won't say where.Niklas HALLE'N / AFP
Add Fortune on Google for similar content.

Jeff Bezos has a habit of issuing splashy philanthropic promises while offering few details. The latest: a $100 million pledge to help rebuild Maui after August’s devastating wildfires. 

Recommended Video

Bezos and fiancée Lauren Sanchez have given $15.5 million over the past five months through the Bezos Maui Fund, according to a spokesperson for the billionaire. But he declined to name the recipients — and local officials and nonprofits on Hawaii’s second-biggest island are puzzled at where the money might have gone.

This isn’t the first time Bezos has offered few specifics on his philanthropy. There was the $10 billion climate pledge, nine-figure gifts to famous friends and a vague promise to give away the majority of his wealth — all of which came with little more than a dollar figure and subject area, if that.

While other billionaires are also secretive with their giving, Bezos, the world’s second-richest person, stands out in part because his ex-wife, MacKenzie Scott, has redefined what it means to be an ultra-rich philanthropist. Scott, 53, has donated more than $16.5 billion since their 2019 divorce, and releases a list of recipients on her website, including more than 360 organizations that received money in the past year.

Bezos, 60, for his part, has donated more than $3 billion over that period. But that’s far off of the billions more he’s promised to give away with few immediate details. 

‘Maximum publicity with minimum accountability’

The practice offers the Amazon.com Inc. founder “maximum publicity with minimum accountability,” said Benjamin Soskis, a senior research associate at the Urban Institute’s Center on Nonprofits and Philanthropy.

While donors aren’t legally required to say where the money is going unless gifts have been made from a tax-exempt organization, “Bezos has gained the benefits of public attention and in exchange he needs to provide more information,” Soskis said.

Bezos’ spokesperson said in an email that the remaining $84.5 million pledged to help Maui “will be distributed in the coming years as the continuing needs reveal themselves.”

Keeping it vague has been a familiar pattern for Bezos in recent years. In 2020, he pledged $10 billion to battle climate change, though he gave almost no information on how he’d dole out that enormous amount of money or over what period of time. It took nine more months to make the first gifts. Since then, the Bezos Earth Fund has granted $1.84 billion, according to its website. 

A year later, he launched the Courage & Civility Award, which so far has given $100 million grants to Van Jones, Jose Andrés and Dolly Parton to distribute to other nonprofit organizations. Bezos boasted at the time that the annual award requires little accountability of its recipients. 

“No bureaucracy, no committees, they just do what they want,” Bezos told a crowd gathered in Van Horn, Texas, just after he went into suborbital space for the first time.

Bezos has been equally hazy about future giving. He told CNN in 2022 that he planned to give away the majority of his then-$124 billion fortune during his lifetime, without specifying potential recipients or a timetable. He’s since added more than $52 billion to his net worth, according to the Bloomberg Billionaires Index.

Nobody knows

Bezos’ and Sanchez’s pledge was the splashiest commitment to help Maui after fires broke out across the northwest part of the island, killing roughly 100 people and leaving thousands more homeless. Sanchez said in an Aug. 11 Instagram post that the money will “help Maui get back on its feet now and over the coming years.”

But as months have passed, it’s unclear when and where the promised money has been distributed. 

“Nobody’s heard anything at all,” said Angus McKelvey, the state senator representing West Maui, adding that he’s disappointed in the lack of information and collaboration. “Had they simply consulted with the community and myself and other representatives, we would’ve told them, ‘Take your money and put it over here.’”

Trisha Kehaulani Watson, vice president of native Hawaiian nonprofit ‘Āina Momona, said they haven’t gotten any of the money and was unaware of anyone in her network of nonprofits who has.

A half-dozen other nonprofits working on the island after the fire, including the Maui United Way and the People’s Fund of Maui, also said they haven’t received funds from Bezos and Sanchez. 

Some speculated the money went to the Hawaii Community Foundation, which has raised more than $177 million for its Maui Strong Fund. A representative for the group said they “don’t have any information” on the destination of Bezos’s pledge, though they did receive a $2 million donation in September from the foundation started by Bezos’ parents.

Bezos and Sanchez, who own an estate on Maui’s La Perouse Bay, aren’t the only rich residents who’ve promised to chip in. 

Oprah Winfrey and Dwayne “The Rock” Johnson started the People’s Fund of Maui in August with initial contributions of $5 million each. The fund has since distributed about $40 million directly to more than 8,100 people. Scott also donated $5 million to the Hawaii Community Foundation.

About the Author
By Bloomberg
See full bioRight Arrow Button Icon
Add Fortune on Google for similar content.

Latest in Finance

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025

Most Popular

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Fortune Secondary Logo
Rankings
  • 100 Best Companies
  • Fortune 500
  • Global 500
  • Fortune 500 Europe
  • Most Powerful Women
  • World's Most Admired Companies
  • See All Rankings
  • Lists Calendar
Sections
  • Finance
  • Fortune Crypto
  • Features
  • Leadership
  • Health
  • Commentary
  • Success
  • Retail
  • Mpw
  • Tech
  • Lifestyle
  • CEO Initiative
  • Asia
  • Politics
  • Conferences
  • Europe
  • Newsletters
  • Personal Finance
  • Environment
  • Magazine
  • Education
Customer Support
  • Frequently Asked Questions
  • Customer Service Portal
  • Privacy Policy
  • Terms Of Use
  • Single Issues For Purchase
  • International Print
Commercial Services
  • Advertising
  • Fortune Brand Studio
  • Fortune Analytics
  • Fortune Conferences
  • Business Development
  • Group Subscriptions
About Us
  • About Us
  • Press Center
  • Work At Fortune
  • Terms And Conditions
  • Site Map
  • About Us
  • Press Center
  • Work At Fortune
  • Terms And Conditions
  • Site Map
  • Facebook icon
  • Twitter icon
  • LinkedIn icon
  • Instagram icon
  • TikTok icon
  • YouTube icon

Latest in Finance

‘It’s called StreetEasy, not StreetHard’: Mamdani cracks down on scourge of ‘housefishing’ and ‘real estate slop’
Real EstateHousing
‘It’s called StreetEasy, not StreetHard’: Mamdani cracks down on scourge of ‘housefishing’ and ‘real estate slop’
By Tatiana SatauaJuly 22, 2026
2 hours ago
As Washington panics about Chinese AI, Jensen Huang says open-source models like Kimi are ‘excellent’ and should be embraced, not banned
AIChina
As Washington panics about Chinese AI, Jensen Huang says open-source models like Kimi are ‘excellent’ and should be embraced, not banned
By Marco Quiroz-GutierrezJuly 22, 2026
2 hours ago
Man holding his hands open
InvestingStock
A new group of stocks is transforming global equities markets. Meet ‘Memi,’ the $3 trillion sector fueled by AI’s insatiable hunger for memory chips
By Amanda GerutJuly 22, 2026
3 hours ago
Scott Bessent speaks inside the Oval Office.
EconomyU.S. Department of the Treasury
Scott Bessent casually says the U.S. has more than $1 trillion in gold—and that it doesn’t matter for the dollar
By Sasha RogelbergJuly 22, 2026
3 hours ago
Canadian Prime Minister Mark Carney speaks to US President Donald Trump in front of a window.
EconomyDonald Trump
Carney and Trump agree to speed up trade negotiations a day after Trump puts a 50% tariff on Canadian goods
By The Associated Press and Jim MorrisJuly 22, 2026
4 hours ago
Trump Accounts draw 6.5 million sign-ups, but some families are still waiting on the promised $1,000 funding
InvestingDonald Trump
Trump Accounts draw 6.5 million sign-ups, but some families are still waiting on the promised $1,000 funding
By The Associated Press and Moriah BalingitJuly 22, 2026
5 hours ago

Most Popular

OpenAI says its AI models secretly broke out of a secure test environment and hacked into AI company Hugging Face in order to cheat on an evaluation
Cybersecurity
OpenAI says its AI models secretly broke out of a secure test environment and hacked into AI company Hugging Face in order to cheat on an evaluation
By Jeremy Kahn and Emily ForliniJuly 21, 2026
1 day ago
Mark Cuban says he has the solution to growing income inequality, and it's to reward every employee—from CEO to janitor—with company stock
Success
Mark Cuban says he has the solution to growing income inequality, and it's to reward every employee—from CEO to janitor—with company stock
By Sasha RogelbergJuly 20, 2026
2 days ago
Mathematicians grapple with a ‘very rapid and very unsettling change’ as AI cracks yet another century-old problem
AI
Mathematicians grapple with a ‘very rapid and very unsettling change’ as AI cracks yet another century-old problem
By Eva RoytburgJuly 21, 2026
1 day ago
Despite a $156 million contract, Knicks star Jalen Brunson still calls his parents for financial advice any time he makes a big purchase
Success
Despite a $156 million contract, Knicks star Jalen Brunson still calls his parents for financial advice any time he makes a big purchase
By Emma BurleighJuly 21, 2026
1 day ago
‘I want to die broke’: Billionaire philanthropist Denny Sanford dies after giving away $4 billion
Success
‘I want to die broke’: Billionaire philanthropist Denny Sanford dies after giving away $4 billion
By Sydney LakeJuly 20, 2026
2 days ago
The millennial generation has split, new Fed research shows: Those over 35 are edging toward boomer-style wealth, while everyone else falls behind
Real Estate
The millennial generation has split, new Fed research shows: Those over 35 are edging toward boomer-style wealth, while everyone else falls behind
By Nick LichtenbergJuly 22, 2026
6 hours ago

© 2026 Fortune Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and Privacy Notice | Do Not Sell/Share My Personal Information
FORTUNE is a trademark of Fortune Media IP Limited, registered in the U.S. and other countries. FORTUNE may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.