This is Why Jeff Bezos is Spending Millions on Space

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The CEO of Amazon, Jeff Bezos, is the richest person on the planet but he doesn’t have much faith in Earth. Or maybe it’s people.

Bezos, who has a net worth of $125 billion according to the Bloomberg Billionaire Index, is investing billions of his dollars into space technologies through his aerospace company Blue Origin.

In an interview with Norah O’Donnell of “CBS Evening News,” Bezos said, “Why? “Because I think it’s important. I think it is important for this planet. I think it’s important for the dynamism of future generations. It is something I care deeply about. And it is something I have been thinking about all my life.”

According to Bezos, “you don’t choose your passions, your passions choose you.”

“We humans have to go to space if we are going to continue to have a thriving civilization,” Bezos explained.

“We have become big as a population, as a species, and this planet is relatively small. We see it in things like climate change and pollution and heavy industry. We are in the process of destroying this planet. And we have sent robotic probes to every planet in the solar system — this is the good one. So, we have to preserve this planet.”

“We send things up into space, but they are all made on Earth. Eventually it will be much cheaper and simpler to make really complicated things, like microprocessors and everything, in space and then send those highly complex manufactured objects back down to earth, so that we don’t have the big factories and pollution generating industries that make those things now on Earth,” Bezos also said. “And Earth can be zoned residential.”

It will be “multiple generations” and “hundreds of years” before this is a reality, Bezos admitted.

“People are going to want to live on Earth, and they are going to want to live off Earth. There are going to be very nice places to live off earth as well. People will make that choice,” Bezos says.

Disclaimer: We have no position in Amazon.com, Inc. (NASDAQ: AMZN) and have not been compensated for this article.

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