MacKenzie Scott donates $1.7bn since Amazon boss divorce

Jeff and MacKenzie BezosPicture copyright
Reuters

Picture caption

MacKenzie Scott with ex-husband Jeff Bezos previous to their cut up

MacKenzie Scott, Amazon boss Jeff Bezos’s ex-wife, says that she has given $1.7bn (£1.3bn) to charity so far.

She has made donations to traditionally black US schools, local weather change teams and well being organisations.

Ms Scott posted concerning the items on social media, additionally saying that she has modified her surname from Bezos.

She is the second-richest lady on this planet, with a fortune of greater than $62bn, in keeping with Forbes.

She and Mr Bezos divorced final 12 months.

The novelist, who married Mr Bezos a 12 months earlier than he based Amazon and was one of many agency’s first staff, acquired a 4% stake after the cut up.

Shortly after asserting the divorce, Ms Scott signed the Giving Pledge, becoming a member of a marketing campaign based by billionaire investor Warren Buffett and ex-Microsoft boss Invoice Gates and his spouse Melinda. It commits the rich to provide away nearly all of their fortunes to charity.

Ms Scott stated she had “watched the primary half of 2020 with a mix of heartbreak and horror” and was offering a replace on the donations to attract consideration to the causes through the coronavirus pandemic.

“My very own reflection after latest occasions revealed a dividend of privilege I would been overlooking: the eye I can name to organizations and leaders driving change,” she wrote in a weblog submit on Medium.

Tech listening to

Ms Scott’s announcement comes the day earlier than Mr Bezos is scheduled to testify earlier than US lawmakers in Washington. The listening to is a part of a wider investigation into the ability held by tech giants, together with Amazon, Google and Fb.

Amazon particularly has been beneath fireplace in latest months, together with from its personal employees, over its environmental file and coronavirus security measures. The net large has confronted calls to be damaged up, together with from Tesla boss Elon Musk.

Mr Bezos, the richest man on this planet, has additionally been topic to private criticism for not making a gift of extra of his wealth.

In 2018, he established a charitable fund with a beginning pledge of $2bn. This 12 months, he dedicated $10bn to combat local weather change.

He has not joined the Giving Pledge. In addition to Ms Scott, different signatories embrace Fb founder Mark Zuckerberg and spouse Priscilla Chan, Elon Musk and eBay founder Pierre Omidyar and spouse Pam.

Ms Scott stated she had given greater than $580,000 to racial justice organisations and practically $400,000 to teams aimed toward advancing financial mobility. Different causes included gender equality, international improvement and LGBTQ equality.

The record of organisations consists of these linked to former US presidents Barack Obama and George W Bush, the labour advocacy group One Honest Wage, and different non-profits akin to Black Women Who Code.

The $20m present to Tuskegee College, a traditionally black faculty, is the most important within the faculty’s historical past, president Lily McNair stated.

“There is no query in my thoughts that anybody’s private wealth is the product of a collective effort, and of social constructions which current alternatives to some individuals, and obstacles to numerous others,” Ms Scott wrote in a weblog submit on Medium.

The teams “provide a chance to speculate our success in change, it doesn’t matter what type our success has taken”, she added.

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