MacKenzie Scott’s $10.4 Billion: Renowned philanthropist MacKenzie Scott, the ex-wife of Amazon founder Jeff Bezos, made news in 2023 when she divested $10.4 billion worth of Amazon stock in an unprecedented move. This calculated move, which represents around 25% of her assets, marks a turning point in Scott’s financial life since her separation from Bezos in 2019. Let’s explore the nuances of this historic deal and how it will affect Scott’s wealth and charitable giving throughout the world.
The divestiture of shares
Sixty-five million Amazon shares were sold by Scott as part of his divestiture, according to a regulatory document seen by Bloomberg. A fifth of her ownership is now represented by this transaction, which highlights the dynamic financial choices she has made since splitting from Bezos.
Scott’s Legacy on Amazon
Since the company’s inception, Scott has played a significant role in its growth. Her contribution to Amazon’s expansion was significant, since she handled account administration, developed business strategies, and oversaw delivery orders. Scott’s status as one of the wealthiest women globally was solidified when the 2019 divorce awarded her a 4% stake in Amazon, which had an initial valuation of about a billion.
Scott’s Legacy available on Amazon
Scott has been a major contributor to the company’s expansion since its founding. She managed delivery orders, created business plans, and handled account administration, all of which had a major impact on Amazon’s growth. With the 2019 divorce awarding her a 4% share in Amazon, which had an initial worth of about a billion, Scott’s position as one of the wealthiest women in the world was cemented.
Philanthropic Donations
Her kind contributions show how dedicated Scott is to philanthropy. Her gifts to 360 organizations totaled an incredible $16 billion since 2019. She revealed in December that she had given an amazing $2.1 billion to these organizations. Her involvement in the Giving Pledge, which commits billionaires to giving the majority of their money to charity organizations, is consistent with this.
The Commitment of Giving Pledge
Her participation in the Giving Pledge demonstrates Scott’s commitment to donating her fortune for the benefit of society. She repeats her resolve to give a significant percentage of her assets with this non-binding vow. Her 2023 contributions, which are available on the Giving Pledge website, demonstrate her steadfast commitment to making significant contributions to a wide range of organizations.
Comparing Bezos’s Wealth
When it comes to wealth, on the other hand, Scott’s ex-husband Jeff Bezos is still a powerful player. Based on the Bloomberg Billionaires Index as of January 26th, Bezos is the second richest person in the world with an astounding $184 billion net worth. The two well-known celebrities’ different post-divorce journeys are highlighted by the stark disparity in their financial situations.
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