jeff Bezos’s Ex-Wife MacKenzie Gives Away Over $4 Billion In 4 Months
MacKenzie Scott, the world’s 18th-richest person outlined the latest contributions in a blog post Tuesday, saying she asked her team to figure out how to give away her fortune faster.
MacKenzie Scott is giving away her fortune at an unprecedented pace, donating more than $4 billion in four months after announcing $1.7 billion in gifts in July.
The world’s 18th-richest person outlined the latest contributions in a blog post Tuesday, saying she asked her team to figure out how to give away her fortune faster. Scott’s wealth has climbed $23.6 billion this year to $60.7 billion, according to the Bloomberg Billionaires Index, as Amazon.com Inc., the primary source of her fortune, has surged.
Scott’s advisers zeroed-in on 384 groups to receive gifts, she said in the post, after considering almost 6,500 organizations. Donations were focused on those “operating in communities facing high projected food insecurity, high measures of racial inequity, high local poverty rates, and low access to philanthropic capital.”
Recipients include more than 30 institutions of higher education, including several tribal colleges and historically Black colleges and universities. More than 40 food banks received money, as did almost four dozen local affiliates of Goodwill Industries International.
Scott King, the executive director for Meals on Wheels of Tampa, said he didn’t even apply for the grant they received. Instead, her team contacted the nonprofit, which delivers food to about 850 homes and makes about 2,600 meals each day.
News Credit: NDTV.com