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Home Funding

MacKenzie Scott has given $3.8 billion to 465 different charities

Tech Gist Africa by Tech Gist Africa
03/24/2022
in Funding, The Big 5
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MacKenzie Scott

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MacKenzie Scott, a billionaire philanthropist, disclosed that she has donated over $3.8 billion to 465 charity organizations.

In a Medium article, Scott, the ex-wife of Amazon CEO Jeff Bezos, stated that the donations were made over the past nine months.

Scott has a unique approach to philanthropy, frequently surprising organizations with multibillion-dollar donations.

There have been four rounds of funding, and so far, she has given away more than $12 billion.

There are a lot of non-profit groups on the list of recipients, but Scott said that she’s especially interested in supporting groups that help “those whose voices have been underrepresented.”

“Over the last nine months, our team’s focus has included some new areas, but our goal has remained the same: to meet the needs of underrepresented people from all kinds of groups,” Scott wrote. “There are no sides to the cause of equity.”

Scott signed the Giving Pledge in 2019, pledging to donate at least half of her wealth to charity.

Warren Buffett and Bill and Melinda Gates founded the Giving Pledge in 2010 to inspire the world’s super-rich to share their fortune.

MacKenzie Scott is currently married to Seattle science teacher Dan Jewett. Jewett signed the Giving Pledge alongside Scott last March.

After her divorce from Bezos in 2019, Scott amassed a 4% stake in Amazon, making her one of the world’s wealthiest women.

Jeff Bezos, her ex-husband, is the world’s second-richest person.

According to the Bloomberg Billionaires Index, Scott’s net worth is estimated to be more than $55 billion.

 

Read more on Tech Gist Africa:

Richard Liu, Founder of JD.com donates US$2 billion

Zoom has announced the first startups to receive funding from its $100 million investment fund

Microsoft will invest $500 million in African startups to help them grow

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Tech Gist Africa is a new media and technology news platform that focuses on the untold stories of innovative ideas closely connected to technology news from Africa.

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