Amazon founder Jeff Bezos recently confirmed to CNN that he plans to donate the majority of his $124 billion estate over his lifetime to combat the climate crisis and combat deep social and political divisions in the world.
(Jeff Bezos announced he would give away his fortune in life: what would he use it for?).
In addition to the billionaire, Make recommendations so that people can cope with an economic crisis.
The billionaire advises putting off spending on high-value items such as new cars, televisions, and appliances.
according to him, This is the surest way to keep something in “reserve” in case of an economic downturn.
For companies, he recommended avoiding making large capital expenditures or acquisitions during this time of uncertainty, and fleeing risky assets if they are intended for survival.
“The economy right now doesn’t seem to be doing very well, things are slowing down, we’re seeing layoffs in a lot of sectors, and chances are if we’re not in a recession right now, we’ll be in a recession very soon so my recommendation for small businesses is not to take any chances right now. “, He said.
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