MacKenzie Scott, the author and ex-wife of Jeff Bezos, pledged a year ago to give away her money “until the safe is empty.” So far, she said she’s donated $1.7 billion to a long list of institutions, including historically Black colleges and universities. That kind of rhetoric is something billionaires are often loath to touch when publicizing their philanthropy. Scientists resolve mystery of Boyajian's Star, say 'alien megastructure' is not alone Copyright ©2021 Dow Jones & Company, Inc. All Rights Reserved. Occupying the third to fifth places were former New York mayor Phil Knight the former wife of Bezos, was second with the donation of a total of $5.7 billion in 2020. While she spent the end of 2020 giving away about $1 billion a month, Bezos' charitable history has "remained largely a mystery." Scott added that her team considered donations to about 6,500 organizations before culling those down to 384 groups. Nick Name. Just months after her divorce, Scott signed on to the Giving Pledge — the commitment to give away at least half of one’s money — which she and her then-notoriously parsimonious husband had declined to do when married and which Bezos hasn’t done himself. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. 82 talking about this. MacKenzie Scott, the ex-wife of Amazon founder Jeff Bezos, has donated more than $4bn (£3bn) to food banks and emergency relief funds in four months. Scott, the ex-wife of Amazon founder Jeff Bezos, disclosed on Tuesday that she had donated $4 billion over the past four months to just under 400 nonprofit groups. We've detected you are on Internet Explorer. The top 50 biggest donors in the U.S. contributed a total of $24.7 billion in 2020, increasing more than 56% from 2019’s $15.8 billion, according to the Chronicle of Philanthropy, a Washington, D.C.-based magazine that covers the world of philanthropy. An error has occurred, please try again later. In terms of causes, environment foundations were the largest recipient with a total of $10.05 billion. “We’ll see these continue for years to come.”. In July 2020, she formally dropped the Bezos last name and adopted Scott, which was the middle name she grew up with, and announced she … Her fortune comes from shares of Amazon that she got after her divorce last year from Jeff Bezos, the company’s founder. Uncovering and explaining how our digital world is changing — and changing us. Bezos’s $100 million donation to food banks, Scott’s donations to racial justice and equity, community-based organizations, and organizations led by people of color and women, is a strong statement as to how donors are gradually focusing on tackling perpetual poverty and systemic change, Berman says. What is so unusual about how Jeff Bezos’s ex-wife gives away her money? “This pandemic has been a wrecking ball in the lives of Americans already struggling. To order presentation-ready copies for distribution to your colleagues, clients or customers visit http://www.djreprints.com. February 9, 2021 A s the world grappled with Covid, a recession, and a racial reckoning, the ultrawealthy gave to a broader set of causes than ever before — bestowing multimillion-dollar gifts on food pantries, historically Black … Scott explicitly pointed out the dual realities in 2020 for billionaires and the rest of America as the pandemic ravages the country and particularly impacts its lowest-income citizens. MacKenzie Scott, Amazon boss Jeff Bezos's ex-wife, says that she has given $1.7bn (£1.3bn) to charity to date. Penelope, Mackenzie Scott, formerly Mackenzie Bezos, donated roughly $1.67 billion to more than 100 non-profit organizations over the past year. Scott, a novelist who referenced Emily Dickinson in her announcement on Tuesday, played a pivotal role in the early years of Amazon but kept a low profile prior to her divorce from Bezos in 2019. One of the wealthiest people in the world, MacKenzie Scott, has spent the end of 2020 giving away about $1 billion a month, a staggering amount that sets a high mark for tech billionaires in terms of speed. They divorced in mid 2019. MacKenzie Bezos is an American novelist, TV personality, and philanthropist, best known as the former spouse of Amazon’s founder, Jeff Bezos. Bezos, who now goes by the name MacKenzie Scott after her divorce from Amazon founder Jeff, was 17 when her father, Jason Baker Tuttle, … View the profiles of people named Mackenzie Bezos. The author … 302 People Used More Information ›› Visit Site › Mackenzie Scott Professional Profiles - Work Email, Phone ... Top www.peoplesmart.com. Chip in as little as $3 to help keep Vox free for all. Bezos has an estimated net worth of $192.2 billion, according to Forbes’ real time data. Novelist and TV Personality MacKenzie Bezos Sun Sign Jeff Bezos and his former wife MacKenzie Scott, who gave away the largest sums of money in the US in 2020, showed the need to help the poor. Out of the top 50 donors, 20 lived in California. Over the past year, Scott has emerged as one of the most publicly generous philanthropists, parting with $6 billion and raising her profile after her record-setting divorce from Bezos, the world’s richest person. The inside story behind Google’s famous mantra, according to a key former executive. Make a contribution today. already donated $1.7 billion of her fortune, something that even well-intentioned billionaires struggle to do, working with the consulting firm Bridgespan, a cause also prioritized by her ex-husband, Why Biden can’t ignore Iraq and Afghanistan, even if he might want to, Why the Texas power grid is struggling to cope with the extreme cold, Understanding Silence of the Lambs’ complicated cultural legacy, A new lawsuit targets Trump and the Proud Boys under a law enacted to stop the KKK, Trumpworld’s performative outrage over “doctored evidence” at the impeachment trial, briefly explained, How a Black bioethicist makes the case for vaccination to people of color. president of Rockefeller Philanthropy Advisors, which counsels donors around the world. Some of America’s biggest donors didn’t appear on the current list even if they made a big gift to a nonprofit last year as part of their multi-year pledges. Mackenzie Scott and her ex-husband Jeff Bezos. Mackenzie Scott Phone Numbers. Jeff Bezos' ex-wife, Mackenzie Scott, became one of the richest and most powerful women overnight after she and Bezos split in 2019. Mackenzie Scott, a novelist and philanthropist and the ex-wife of Amazon founder Jeff Bezos, recently provided a massive donation to the YMCA of Metropolitan Detroit. and Ben Gose. She has published novels such as The Testing of Luther Albright (2005) and Traps (2013).. Born Name. Bezos, 57, who announced last week that he will step down as Amazon CEO to devote more time to philanthropy and other projects, also contributed $100 million to Feeding America, a network of more than 200 food banks across the country. Those were followed by nonprofit foundations ($2.73 billion), and colleges and universities ($2.19 billion). MacKenzie Scott … The Chronicle of Philanthropy found the top acts of giving went to a broader set of causes, with millions of dollars going to food pantries, historically Black colleges and universities, organisations that serve the poor and the homeless, … Her donations have made her an unwilling and even unlikely spokesperson for billionaires to donate their money with haste, rather than stockpiling their wealth in private foundations or family offices or in bequests to their children. You’ve been invited to Clubhouse. https://www.barrons.com/articles/jeff-bezos-and-mackenzie-scott-top-the-list-of-largest-donors-in-2020-01612912147. Some of the colleges announced gifts as high as $50 million. MacKenzie Scott, the former wife of Bezos, was second with the donation of … The information is based on extensive research with donors, their beneficiaries, and public records. Scott didn’t disclose the amounts she gave to each nonprofit, but the list includes historically Black colleges and universities, food banks around the country (a cause also prioritized by her ex-husband), and YMCAs. Sign up for the The Chronicle’s rankings are based on the total amount philanthropists awarded in 2020. Your privacy hasn’t. On Tuesday night Scott announced that she had donated more than $4.1 billion to nearly 400 charities in recent months, focusing on areas and issues closely connected to the COVID pandemic. And … I’m Done Being Mistaken for Jeff Bezos and MacKenzie Scott Google’s search algorithm has presented my phone number and email address as belonging to the billionaires for over a year. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. Jörg Carstensen/picture alliance via Getty Images This story is part of a group of stories called . who committed $10 billion to launch the Bezos Earth Fund to target climate change. MacKenzie. As that happened, Scott has gingerly stepped more and more into the public eye. This copy is for your personal, non-commercial use only. Her net worth is estimated at $58.3 billion. respectively. Copyright ©2021 Dow Jones & Company, Inc. All Rights Reserved. Scott pulled back the curtain on Tuesday on her giving strategy. Jeff Bezos and MacKenzie Scott. MacKenzie Scott Redefines F--ck-You Money. It might be safe to say that MacKenzie Scott is more philanthropic than her ex-husband and Amazon CEO Jeff Bezos, who incidentally is also the richest person in the world. Join Facebook to connect with Mackenzie Bezos and others you may know. newsletter. Jeff Bezos, MacKenzie Scott, and Michael Bloomberg Top List of America’s 50 Biggest Charity Donors By Maria Di Mento. and Twitter co-founder Clubhouse has millions of users, millions of dollars, and very few privacy options. Her speed. Shaw, working out of adjoining offices, and then married a year later. But just in case the issue wasn't already obvious, Bezos' ex-wife, novelist Mackenzie Scott, just stepped up to show him what philanthropy is supposed to look like. Scott, 50, is the second-largest funder of racial equity with a $586.7 million pledge made last year. Scott, is absent from this year’s list even though he gave the Bill & Melinda Gates Foundation $2.2 billion in stocks last year. Berman, This copy is for your personal, non-commercial use only. Photo by Jörg Carstensen / picture alliance via Getty Images It’s no secret MacKenzie Scott has committed some stunning acts of philanthropy of late. By Joseph Curl • Dec 22, 2020 DailyWire.com • Facebook. By Kenzie Bryan t. … MacKenzie Scott in 2018. Jack Dorsey, MacKenzie Scott, the Amazon billionaire, is giving away $1 billion a month to charity, This story is part of a group of stories called. Novelist and philanthropist MacKenzie Scott, whose ex-husband is Amazon CEO Jeff Bezos, announced on Tuesday that she’s already donated close to $1.7 billion of her immense wealth in the past year. Online romance scammers stole more hearts (and money) in 2020 than 2019. Economic losses and health outcomes alike have been worse for women, for people of color, and for people living in poverty,” she wrote in her Medium post. “There was an enormous outpouring of support from large donors last year to help deal with the Covid-19 pandemic,” says Melissa MacKenzie Scott’s Remarkable Giveaway Is Transforming the Bezos Fortune As MacKenzie and Jeff Bezos, the couple’s donations were mostly unremarkable. Run a report to see landlines, … Many of the tech industry’s richest, including those attempting to become major philanthropists, have seen their fortunes only grow more staggering in 2020. "[T]he hope you feed with your gift is likely to feed your own," MacKenzie Scott, the billionaire ex-wife of Jeff Bezos… Jeff Bezos’s ex-wife went on a giving spree to the tune of over $4 billion. Michael Bloomberg, MacKenzie Scott, the novelist ex-wife of Amazon CEO and wealthiest man in the world Jeff Bezos, has been proclaimed the wealthiest woman in the world, according to Bloomberg’s Billionaire Index. Nike founder “Meanwhile, it has substantially increased the wealth of billionaires.”. Jeff Bezos, Scott was awarded $38 billion in that split, a war chest that has grown to over $60 billion as Amazon stock has skyrocketed in the two years since. Scott shared earlier this summer that she had changed her surname and already donated $1.7 billion of her fortune — donations that had already made her one of the world’s billionaires who is giving away her money the fastest, something that even well-intentioned billionaires struggle to do. Scott, the ex-wife of Amazon founder Jeff Bezos, disclosed on Tuesday that she had donated $4 billion over the past four months to just under 400 nonprofit groups. Recode has previously reported that she is at least partly using a donor-advised fund — a controversial vehicle that provides little transparency — and working with the consulting firm Bridgespan and its co-founder, Tom Tierney, to advise her giving. After that, she said, they “get out of their way.”, “Not only are non-profits chronically underfunded, they are also chronically diverted from their work by fundraising, and by burdensome reporting requirements that donors often place on them,” she wrote. For the best Barrons.com experience, please update to a modern browser. Help keep Vox free for all. For example, Twitter. She has supported 512 charities, including food banks, human-service organizations, and racial-justice charities. MacKenzie Scott is an author and the ex-wife of Amazon founder Jeff Bezos, to whom she was married for 25 years. Claiming the first spot on the publication’s annual list of Philanthropy 50 was
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