MacKenzie Scott.Photo:Evan Agostini/Invision/AP
Evan Agostini/Invision/AP
MacKenzie Scott trimmed down her Amazon stake last year.
The unloaded shares amount to about a quarter of her stake in the tech giant and, as of Friday, were worth $10.4 billion, according to the outlet.
The hefty settlement alsomade her the wealthiest woman in the world at the time.
Scott has since trimmed her Amazon share, disposing of about half over the past five years, but the online retailer still makes up most of her $37.6 billion net worth, perBloomberg’s Billionaires Index.
She also joined theGiving Pledge— a list of billionaires who’ve pledged to donate half of their fortune — in 2019 and has sincedonated more than $16.5 billion to a wide range of charities.
The philanthropist elaborated on her decision to take the pledge in aletterposted to the initiative’s website, writing, “I have no doubt that tremendous value comes when people act quickly on the impulse to give. No drive has more positive ripple effects than the desire to be of service.”
“My approach to philanthropy will continue to be thoughtful. It will take time and effort and care. But I won’t wait,” she added. “And I will keep at it until the safe is empty.”
MacKenzie Scott.Michael Kovac/Getty
In July 2020, about a year after taking the pledge, Scott shared in aMedium blog postthat she had given nearly$1.7 billion to various charities, including the Asian Americans Advancing Justice — AAJC, Black Girls CODE, Educate Girls, LatinoJustice and Transgender Law Center.
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The following summer, she and then-husbandDan Jewettdonated$2.7 billion to “286 high-impact organizationsin categories and communities that have been historically underfunded and overlooked,” she explained in ablog postat the time.
The organizations included universities, arts and culture organizations, refugee settlement groups, police reform programs, and LGBTQ+ organizations that prioritize leaders of color and groups that focus on empowering women and girls, she shared.
More recently, in February and March 2022, Scott donated $133.5 million to Communities in School, which helps fund school services for at-risk students, and$436 millionto Habitat for Humanity.
source: people.com
