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MacKenzie Scott has revealed where her latest set of donations have gone, as the $2 billion she's given in 2024 is just a part of the countless charitable actions she's undertook since her divorce from Jeff Bezos in 2019.
Ex-wife to Jeff Bezos MacKenzie Scott has become well-known for her philanthropic actions, and has been one of the most prolific givers when it comes to charities in the past few years.
She recently sold around 45 million Amazon shares, an equivalent of roughly $8,000,000,000 at the time, and a blog post by Scott on Yield Giving revealed that she's donated "about $2,004,400,000 in gifts" to 199 different organizations in 2024.
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She has previously explained the reasons behind her charitable actions, but the new post reveals that she specifically wants to 'invest' in people in order to "devote resources for a useful purpose," to "endow with rights," and "to clothe."
Around 75% of the organizations that she donated to are non-profits specifically targeted with helping "support the economic security and opportunity of people who are struggling," with things like access to affordable housing, job stability, education, healthcare, and so much more.
It is also revealed that Scott intends to specifically target for-profit solutions to the outlined challenges, in an effort that aims to address the issues twice by 'unlocking economic mobility' and also 'creating value' through the experience of non-profit teams.
Many have pointed out Scott's rather unorthodox giving approach, where she favors to provide traditionally smaller donations to a wider range of charities and non-profits instead of larger funds to more established areas.
This approach has been known to not only help areas that are often overlooked, but also assist in garnering further donations from other sources, as Scott's work puts a focus these organizations for others to take notice of.
For example, she lists all 199 different organizations that she's donated to in the Yield Giving blog, providing links for anyone to easily access.
It's also clear that Scott is far from done with her charitable actions, as the $2 billion donated in 2024 is just a fraction of the roughly $19.3 billion she has donated so far across the last few years.
She remains one of the richest individuals in the world with a fortune of around $40.3 billion according to the Bloomberg Billionaires Index, ranking her 39th overall in a list where her ex-husband holds the second spot.
Alongside this, she still holds around 139 million Amazon shares, which equates to around $30.7 billion at the time of writing - but based on her recent actions it'll only be a matter of time before these are sold off again, causing her place on the billionaires list to fall further. We don't think she'll mind too much though.
