+

Cookies on the Business Insider India website

Business Insider India has updated its Privacy and Cookie policy. We use cookies to ensure that we give you the better experience on our website. If you continue without changing your settings, we\'ll assume that you are happy to receive all cookies on the Business Insider India website. However, you can change your cookie setting at any time by clicking on our Cookie Policy at any time. You can also see our Privacy Policy.

Close
HomeQuizzoneWhatsappShare Flash Reads
 

MacKenzie Scott gave away another $2.7 billion to 286 organizations, bringing her total recent donations to $8.5 billion

Jun 16, 2021, 02:37 IST
Business Insider
MacKenzie Scott has announced multiple massive donations in the last year.Taylor Hill/FilmMagic via Getty Images; Taylor Borden/Business Insider
  • MacKenzie Scott has given away $2.7 billion to nearly 300 nonprofits in 2021.
  • Scott, a philanthropist and Jeff Bezos' ex-wife, has gifted over $8 billion in recent years.
  • She is one of the richest people, with a $60 billion net worth.
Advertisement

MacKenzie Scott, the ex-wife of Amazon founder Jeff Bezos, announced another 10-figure round of donations in a blog post on Tuesday.

Scott said she had given away $2.74 billion to 286 "high-impact organizations in categories and communities that have historically been underfunded and overlooked." Scott has emerged as a philanthropic powerhouse since her divorce from Bezos in 2019, especially in the past year.

In July, Scott announced she had donated $1.7 billion of her wealth to 116 organizations in the previous year. In December, she said she had donated another $4.2 billion to 384 organizations in the past four months. This latest round of philanthropy announced Tuesday brings her total donations made public since July to about $8.5 billion.

Complimentary Tech Event
Transform talent with learning that works
Capability development is critical for businesses who want to push the envelope of innovation.Discover how business leaders are strategizing around building talent capabilities and empowering employee transformation.Know More

Read more: This startup has raised $45 million with the promise it can eliminate the biggest pain points in using Amazon or Shopify and help retailers like Dollar General crack into e-commerce

Scott's separation from her e-commerce tycoon husband left her with a 4% stake in Amazon and immediately made her one of the wealthiest people. Her net worth of $59.8 billion earns her the 22nd spot on the Bloomberg Billionaires Index.

Advertisement

In Tuesday's blog post, Scott said her giving stemmed from a desire to distribute wealth to nonprofits that strengthen communities like two- and four-year higher-education institutions, arts and cultural institutions, and community-engagement organizations.

"Me, Dan, a constellation of researchers and administrators and advisors - we are all attempting to give away a fortune that was enabled by systems in need of change," Scott said. "In this effort, we are governed by a humbling belief that it would be better if disproportionate wealth were not concentrated in a small number of hands, and that the solutions are best designed and implemented by others."

Next Article