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Home / Business / Mackenzie Scott, formerly Bezos, says she has so far allocated $ 1.7 billion of her fortune

Mackenzie Scott, formerly Bezos, says she has so far allocated $ 1.7 billion of her fortune



Scott on Tuesday provided information about these efforts in a post on the “Middle”, and also announced that he changed his name to the name with which he grew up, after divorcing Amazon (AMZN) Last year, CEO Jeff Bezos.
Last year, Scott received a quarter of Amazon’s Bezos in the divorce, giving her a 4% stake, which at the time was worth more than $ 35 billion. Currently, its net worth is about $ 60 billion, according to the billionaire Bloomberg index.

“Like many, I watched the first half of 2020 with a mixture of heartbeat and horror,”

; Scott wrote. “What gives me hope is the thought of what will happen if each of us thinks about what we can offer.”

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The $ 1.7 billion donation was distributed to 116 organizations targeting one of the nine “areas of need,” she added, including racial justice, LGBTQ + justice, functional democracy and climate change. Among the organizations she supported were the NAACP Legal Defense and Education Foundation, the Obama Foundation, the George W. Bush Presidential Center, RAINN, and the European Climate Fund.

Last year, Scott signed an initiative to provide collateral. Launched by Warren Buffett and Bill and Melinda Gates, the initiative encourages the world’s richest people to donate most of their wealth to charity, both for life and as they wish.
Bezos, the world’s richest man, has previously been criticized for not investing more of his wealth in philanthropy, but has donated billions of dollars in recent years to causes, including climate change and food banks. He did not sign the pledge.
Scott’s announcement comes a day before Bezos is due to testify in Congress with the CEOs Facebook (FB),, Google (GOOGL) and Apple (AAPL) to address allegations that their companies are too dominant or harmful to competition.




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