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MacKenzie Scott Pledges $2 Billion Donation To Help Highschool Students

American novelist and philanthropist. As of September 2022, she has a net worth of US$33.4 billion, owing to a 4% stake in Amazon, the company founded by her ex-husband Jeff Bezos, MacKenzie Scott said she donated nearly $2 billion to charity over the past seven months in a blog post released shortly after her ex-husband Jeff Bezos said he planned give away the majority of his fortune.

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MacKenzie Scott continued her epic run of no-strings-attached philanthropy over the past seven months, doling out nearly $2 billion to 343 organizations, she announced on Monday. In total, Scott has donated about $15 billion since her 2019 divorce from Amazon founder Jeff Bezos, which left her with a 25 percent stake in the e-commerce giant. (She divorced her second husband, Dan Jewett, this fall.) Scott’s announcement came the same day Bezos revealed plans to give away the majority of his fortune, though he offered few details and currently lags far behind Scott’s pace. The former couple’s net worths both tanked over the past year, since Amazon’s stock price has dropped 44 percent.

The latest gifts bring Scott’s total giving to more than $14 billion since her divorce from Bezos. That money has made its way to more than 1,500 nonprofits, including “343 organizations supporting the voices and opportunities of people from underserved communities” in the latest round, according to Scott’s post on blog site Medium.

“Over the last seven months, with the help of my team, I gave $1,990,800,000 to 343 organizations supporting the voices and opportunities of people from underserved communities. Of special note is that many of the organizations are funds. For anyone similarly interested in supporting the leadership of people from the communities they’re assisting, funds are a great resource. They pool donations and spread them across a diverse group of smaller organizations working toward a common cause. The funds we picked look for teams with lived experience in the issues they’re addressing, as we did when selecting the other non-profits in this giving cycle, and the 1,200+ recipients before them, many of which are also funds. You can learn more about any of them in the database we’ll be releasing soon, with information supplied by their own teams, and mission statements in their own words,” she wrote.

“I recently learned a saying used in disability communities: “Nothing about us without us.” For me, it’s another beautiful and powerful reminder. I needn’t ask those I care about what to say to them, or what to do for them. I can share what I have with them to stand behind them as they speak and act for themselves.”

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Sources: Medium, Bloomberg



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