Entertainment

MacKenzie Scott Just Donated $1.7 Billion, Because She Is a True Mensch

Again when philanthropist and novelist MacKenzie Bezos (now Scott) and Jeff Bezos bought a divorce, many questioned what would occur to the Amazon CEO and founder’s riches. As a part of the divorce settlement (which is the most important within the historical past of divorces), Bezos gave his ex-wife 1 / 4 of his Amazon shares, which instantly made her the third richest girl on the planet. (She’s now the fourth richest, which isn’t too shabby.)

Many are speaking concerning the Bezos divorce settlement once more after Scott posted a tweet July 28 saying that she made good on her promise to donate a big chunk of her wealth to charities. “Following up on the dedication I made final yr to present away the vast majority of my wealth in my lifetime:  https://bit.ly/3f8xSVO. (Notice my Medium account is underneath my new final identify — modified again to center identify I grew up with, after my grandfather Scott.),” she wrote. A yr in the past she pledged to donate all her cash — till “the secure is empty.”

Scott’s efforts are a part of the Giving Pledge (began by Invoice Gates and Warren Buffett), a pledge that, when signed, means you have promised to present away half your wealth. Apparently, Jeff Bezos is the one one of many 5 richest individuals within the U.S. that hasn’t signed the Giving Pledge although Bezos’ internet price is over $117 billion, in response to Enterprise Insider

It isn’t that Bezos hasn’t donated any cash (he is given hundreds of thousands to the Museum of Historical past and Business in Seattle, Washington United for Marriage, which is an advocacy group for same-sex marriage, homeless nonprofit Mary’s Place, and several other different teams), he simply hasn’t supported the Giving Pledge — and it is unclear why.

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Supply: Getty Photographs

Scott acknowledged that, to date, she’s donated $1.7 billion to Black faculties and universities, together with teams and nonprofits that struggle for racial and gender equality. She’s additionally donated to LGBTQ+ teams and teams which were preventing towards local weather change. “I gave every a contribution and inspired them to spend it on no matter they believed finest serves their efforts,” Scott wrote in her Medium submit. She’s donated to over 100 organizations.

How a lot cash did MacKenzie Bezos get, precisely?

MacKenzie Bezos was given 19.7 million shares of Amazon (four p.c of the whole shares) and was price $36.eight billion on the time of the divorce, in response to Forbes. As of July 2020, Scott is the 22nd richest particular person on the planet.

It looks like lately, Scott is extremely targeted on ensuring her wealth will get distributed to the teams and communities who want it most. It is admirable to see, particularly throughout these occasions. “Like many, I watched the primary half of 2020 with a combination of heartbreak and horror. Life won’t ever cease discovering recent methods to reveal inequities in our methods; or waking us as much as the truth that a civilization this imbalanced shouldn’t be solely unjust, but additionally unstable. What fills me with hope is the thought of what’s going to come if every of us displays on what we are able to supply,” Scott wrote in her Medium article.

About the author

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Derek

Derek is the great gaming geek for longer than he cares to admit and love everything about the gaming world. He is connected with tech work from the last five years and always loves to learn and writer new about the current technology. You can mail him @ derek@rexweyler.com.

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