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Watch Mackenzie Scott Donates 2.7 Billion To Charity Citing Wealth Gap News Video

Watch Mackenzie Scott Donates 2.7 Billion To Charity Citing Wealth Gap News Video

“Saying that she’s troubled by the increasing concentration of wealth, philanthropist MacKenzie Scott says she is giving away another $2.7 billion of her fortune to 286 nonprofit organizations.

“Scott, who divorced from Amazon founder Jeff Bezos in 2019, made the announcement in a blog post on the website Medium. She has so far given away more than $8 billion in three rounds of funding revealed in the same manner. Her net worth is estimated to be nearly $60 billion.

“In her divorce from Bezos, Scott received a 4% stake in Amazon. But shares of the company’s stock rose sharply during the pandemic, and despite giving away billions, Scott’s wealth keeps growing.

“Her net worth, estimated at $36.1 billion in October 2019, has increased by some $23 billion since then.”

Read more at NPR

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