MacKenzie Scott gives away another $ 2.7 billion to charity

MacKenzie Scott, a billionaire philanthropist and ex-wife of Amazon CEO Jeff Bezos, announced Tuesday that he has given away more than $ 2.7 billion to hundreds of groups this year.

In a blog post, Scott said he donated to 286 “high impact organizations” focused on a variety of causes, ranging from the arts and racial justice to higher education and fighting domestic violence. The announcement marks Scott’s first donation since he remarried Dan Jewett, a Seattle science teacher, earlier this year.

“I, Dan, a constellation of researchers, administrators and advisers, are all trying to give away a fortune that was made possible by systems that needed a change,” Scott wrote in the blog post. “In this effort, we are governed by the humble belief that it would be better if disproportionate wealth was not concentrated in a small number of hands, and that solutions are better designed and implemented by others.”

Scott has taken an unusual approach to philanthropy, previously saying that he consulted his team on how to give away his fortune faster. Tuesday’s announcement marks Scott’s third donation in less than a year.

Scott has a net worth of more than $ 59 billion, according to the Bloomberg Billionaires Index. Scott became one of the richest women in the world following her divorce from Bezos in 2019, which left her with a 4% stake in Amazon. Her ex-husband is the richest man in the world, according to the index.

Scott has been on a giving spree since July 2020, when he announced a $ 1.7 billion donation to historically black colleges and universities, along with other groups. Last December, Scott announced that he gave away another $ 4.2 billion to hundreds of organizations.

In 2019, Scott signed the Giving Pledge and pledged to donate at least half of his fortune to charities. The Giving Pledge was started by Warren Buffett and Bill and Melinda Gates in 2010 to encourage the world’s ultra-rich to distribute their wealth.

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