Philanthropist MacKenzie Scott continued her quest to give away the bulk of her fortune on Tuesday, revealing she has donated an additional $2.74 billion since
A December announcement this week worth a staggering $14 million!
Philanthropist MacKenzie Scott continued her quest to give away the bulk of her fortune on Tuesday, revealing she has donated an additional $2.74 billion since last December's announcement.
When her ex-husband, Jeff Bezos found success with Amazon and became one of the richest men in the world, she also took advantage. She was given a 4% stake in his company worth over $60 billion due to its growing stock price since then. After donating an estimated $6 billion this year alone, Rhonda Scott is still sitting on enough money for generations more to come!
The woman made headlines this year when she has an unusual approach to billionaire philanthropy by pledging not just to give away her money over the span of her lifetime, but also with few strings attached. The most recent batch went out in October and included 286 arts and racial justice groups among other beneficiaries from Apollo Theater on one end of the spectrum all the way up through Asian American Federation at the far opposite side.
Scott married a Seattle schoolteacher in March. She announced her second marriage to Dan Jewett and pledged half of her fortune, which is the first round given in partnership with him. Jewett joined Scott’s Giving Pledge—the promise some billionaires and millionaires make to distribute their wealth during their lifetime--in April when she became his wife.
In a blog post accompanying today’s announcement, Scott wrote that she wished media coverage of and public interest in her philanthropy would focus on the organizations receiving the money rather than her and her wealth. “Putting large donors at the center of stories on social progress is a distortion of their role,” she wrote. “We are all attempting to give away fortune enabled by systems in need change."
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