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Bezos ex-wife provides $1.7bn of Amazon fortune to charities

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MacKenzie Scott WASHINGTON: MacKenzie Scott, ex-wife of Amazon.com Inc’s billionaire chief government Jeff Bezos, has donated $1.7 billion of her wealth previously 12 months to causes together with racial equality, LGBTQ rights, public well being and local weather change, she […]

MacKenzie Scott

WASHINGTON: MacKenzie Scott, ex-wife of Amazon.com Inc’s billionaire chief government Jeff Bezos, has donated $1.7 billion of her wealth previously 12 months to causes together with racial equality, LGBTQ rights, public well being and local weather change, she stated in a weblog submit on Tuesday. Scott, who was beforehand generally known as MacKenzie Bezos, additionally introduced her new final title, which she stated was taken from her center title.
Final 12 months, Scott signed the Giving Pledge in a dedication to donate the vast majority of her fortune after her cut up from Bezos left her with a 4% stake in Amazon. “Like many, I watched the primary half of 2020 with a mix of heartbreak and horror,” she wrote in a submit on Medium. “I started work to finish my pledge with the idea that my life had yielded two belongings that could possibly be of worth to others: the cash these methods helped ship to me, and a conviction that individuals who have expertise with inequities are those greatest geared up to design options.”
On the time of the divorce, her stake was price $36 billion. Her fortune has grown to over $60 billion with a leap in Amazon’s shares.

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