Ms. Scott’s wealth has continued to grow thanks to Amazon’s soaring stock price. Forbes estimates her net worth at roughly $60 billion. MacKenzie

MacKenzie Scott Reveals Another $2.74 Billion in Giving

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2021-06-15 17:30:03

Ms. Scott’s wealth has continued to grow thanks to Amazon’s soaring stock price. Forbes estimates her net worth at roughly $60 billion.

MacKenzie Scott, one of the richest women in the world, forged ahead with her highly unconventional approach to philanthropy on Tuesday, using a blog post to announce that she and her husband, Dan Jewett, had given away $2.74 billion to 286 organizations including arts nonprofits and groups working to combat racial discrimination.

Ms. Scott was married to Jeff Bezos, the founder of Amazon, for 25 years. When they divorced in 2019, her share of the settlement, 4 percent of Amazon’s stock, was valued at around $36 billion. Despite the huge sums she has given away since then — the latest round brings her total to more than $8 billion — her wealth has only continued to grow, thanks to Amazon’s soaring stock price. Forbes’s most recent estimate of her net worth was roughly $60 billion.

Though Ms. Scott did not list the amount she gave each organization, her blog post included a list of those receiving funds. They included well-known arts groups such as the Apollo Theater and Ballet Hispánico; higher education institutions including schools in the University of California and the University of Texas systems; organizations focused on racial justice, such as Race Forward and Borealis Philanthropy; and groups focused on empowering women and combating domestic violence.

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