Story at a glance
- Scott in a blog post said she donated the funds to “equity-oriented” nonprofits that have been historically underfunded.
- The recipients include nonprofits and organizations focused on a variety of causes, including racial justice, higher education, domestic violence and the arts.
- The ex-wife of Amazon CEO Jeff Bezos is worth nearly $60 billion, according to Forbes.
The billionaire philanthropist and ex-wife of Amazon CEO Jeff Bezos announced Tuesday she has donated more than $2.7 billion to 286 different organizations to tackle a range of issues.
In a Medium post titled “Seeding by Ceding,” MacKenzie Scott announced she and her husband, Dan Jewett, donated the funds to “equity-oriented” nonprofits that have been historically underfunded.
The recipients include nonprofits and organizations focused on a variety of causes, including racial justice, higher education, domestic violence and the arts.
“Me, Dan, a constellation of researchers and administrators and advisors — we are all attempting to give away a fortune that was enabled by systems in need of change,” Scott wrote in the blog post.
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“In this effort, we are governed by a humbling belief that it would be better if disproportionate wealth were not concentrated in a small number of hands, and that the solutions are best designed and implemented by others,” she wrote.
The recent donation is the third round of philanthropic gifts Scott has given in less than a year. Scott donated $1.7 billion to historically Black colleges and universities in July, along with other groups. In December, she announced she gave away an additional $4.2 billion to hundreds of organizations.
Scott is worth nearly $60 billion, according to Forbes. Scott and Bezos divorced in mid-2019 after being married for 25 years, leaving Scott with a 4-percent stake in Amazon.
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Published on Jun 15,2021