MacKenzie Scott, wife of Amazon founder and billionaire Jeff Bezos, is an extraordinary woman who has made headlines all over the world for her philanthropic generosity. The 48-year-old mother of four has emerged as one of the most well-known philanthropists in the world, donating more than $1.6 billion of her own wealth in 2020.
What is MacKenzie Scott’s Net Worth?
At the start of 2021, MacKenzie Scott’s net worth was estimated to be around $60 billion. The majority of her wealth came out of the divorce settlement with her ex-husband, Jeff Bezos, who still remains the richest man in the world with a net worth of $193 billion.
Early Life and Career
Scott was born as MacKenzie Tuttle in 1981 and raised in San Francisco, California. Her parents, who both held positions in academia, divorced when she was a young child. Growing up, she had a nickname at school, “Mack Truck” due to her no-nonsense attitude.
Scott attended the prestigious Hotchkiss School, followed by Princeton University, where she earned a degree in English literature in 1992. After university, Scott moved to New York where she worked at a hedge fund. It was here that she met Jeff Bezos and the two began dating shortly thereafter. The pair married in 1993 and have four children.
Divorce and the Amazon Settlement
The couple got divorced after 25 years of marriage in 2019. As part of the settlement, Scott received 4% of the entire Amazon corporation, equating to approximately $35 billion. The divorce process was finalized in July of 2019.
Philanthropy
Following the divorce, Scott’s donated hundreds of millions of dollars to organizations in need. Scott has used her wealth to support organizations that promote racial and gender equity by working to combat systemic discrimination and economic inequality.
Among her most notable donations are those to the NAACP Legal Defense Fund, the Environmental Defense Fund, Feeding America, The Pride Foundation and the Jewish Coalition for Service.
Notable Donations
• In 2020, Scott donated over $1.6 billion to more than 300 non-profit organizations.
• She donated $135 million to 116 organizations in the first round of donations, with an emphasis on social justice and racial equality.
• In the second round, she donated over $400 million to 116 organizations focused on education, climate change and gender-equality initiatives.
• In the third round of donations, Scott donated over $1 billion to 230 organizations focused on economic mobility and advocation for LGBTQ+, gender, immigrant rights and disability rights.
Philanthropy Pledge
Scott has also taken the Giving Pledge and has committed to giving away the majority of her wealth. The Giving Pledge is a commitment by the world’s wealthiest individuals and families to dedicate at least fifty percent of their wealth to philanthropy.
MacKenzie Scott’s Impact
Since her divorce with Jeff Bezos in 2019, MacKenzie Scott has made a massive impact on philanthropy, becoming one of the most prolific and generous philanthropists in America. Along with the Giving Pledge, Scott’s donations, totaling more than $1.6 billion in 2020, will change the lives of millions of people.
As of 2021, MacKenzie Scott is still one of the wealthiest people in the world and plans to continue to make a difference with her philanthropy by donating her wealth to organizations in need.
MacKenzie Scott is an amazing philanthropist who has donated $1.6 billion of her own wealth in 2020 alone. Despite being a billionaire, she still finds joy in giving and has made a lasting impact on the world. Although her divorce settlement with Bezos gave her an immense fortune, she has been actively donating her wealth to organizations focused on education, climate change, and gender-equality. She has taken the Giving Pledge and committed to donating the majority of her wealth to philanthropy.
MacKenzie Scott’s donations in 2020 are and will continue to improve the lives of millions of people all around the world.
