MacKenzie Scott made headlines last year after selling Amazon stock worth more than $10 billion. The news, first reported by Bloomberg citing a regulatory filing, sheds light on Scott’s ongoing philanthropic endeavors following her divorce from Amazon founder Jeff Bezos in 2019.
Financial Details
With an estimated net worth of $37.6 billion, MacKenzie Scott ranks 35th on the Bloomberg Billionaires Index. Her divorce from Jeff Bezos, finalized in July 2019 with a $38 billion settlement, marked the beginning of her public journey into philanthropy.
Philanthropic Pledge
Since signing the Giving Pledge in 2019, Scott has committed to giving away her fortune thoughtfully and intentionally. In her pledge statement, she expressed her determination to share her wealth and contribute to meaningful causes without delay.
Charitable Contributions
Scott’s philanthropic efforts have been substantial, with billions of dollars donated to various charities and nonprofit organizations. Through her website, Yield Giving, launched in 2022, she detailed donations totaling $14 billion to approximately 1,600 organizations since 2019.
Impactful Donations
In addition to monetary donations, Scott has made significant contributions in the form of real estate. She donated two Beverly Hills mansions valued at $55 million to the California Community Foundation, emphasizing her commitment to addressing housing issues.
Empowering Community Changemakers
Scott’s philanthropic approach emphasizes the importance of community engagement and empowerment. Through initiatives like the $250 million funding pot, she invites nonprofit organizations to nominate themselves for $1 million donations, fostering collaboration and grassroots solutions to social challenges.
Continued Commitment
Despite her significant contributions, Scott remains dedicated to her philanthropic journey, striving to make a meaningful and lasting impact on society. While representatives for Scott were unavailable for comment, her actions speak volumes about her ongoing dedication to philanthropy and social change.
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