The founder of Amazon Jeff Bezos has confirmed that he will fly to space along with his brother on the first human flight launched by his space company, Blue Origin.
Taking to Instagram, Mr Bezos said that space flight was something he had wanted to do all his space.
The duo is auctioning a spare seat for anyone who would be willing to join them. The auction will concludes on 12 June.
According to Forbes magazine, the Amazon founder is one of the world's richest people with a net worth of $186.2bn (£131.5bn).
"On July 20th, I will take that journey with my brother," he wrote in the Instagram post. "The greatest adventure, with my best friend."
Mr Bezos's brother Mark called it a "remarkable opportunity" in the video.
Bidding for a seat on the New Shepard - the name of the Blue Origin vehicle - had reached $2.8m when Mr Bezos announced his plan to take the flight.
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