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MacKenzie Scott, Jeff Bezos’ Ex-Wife, Donated $1.7 Billion Of Her Wealth Since Divorce; Gave $100 Million To Six HBCUs

by Baller Alert Staff
July 31, 2020
Reading Time: 1 min read
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(FILE) Amazon CEO Jeff Bezos and wife MacKenzie to divorce. Amazon.com Inc founder and Chief Executive Jeff Bezos, the world?s richest man, and wife MacKenzie Bezos are divorcing after 25 years of marriage, the couple said on Twitter on Wednesday. Jeff Bezos, 54, has a fortune that has soared as high as $160 billion thanks to his stake in Amazon, which again became Wall Street?s most valuable company this week, surpassing Microsoft Inc. The couple decided to divorce after a long period of ?loving exploration? and trial separation, and expect to continue as partners in ventures and projects, according to the joint statement. BEVERLY HILLS, LOS ANGELES, CA, USA - MARCH 04: Founder, Chairman and Chief Executive Officer of Amazon Jeff Bezos and wife MacKenzie Bezos arrive at the 2018 Vanity Fair Oscar Party held at the Wallis Annenberg Center for the Performing Arts on March 4, 2018 in Beverly Hills, Los Angeles, California, United States. (Photo by Xavier Collin/Image Press Agency)Pictured: Jeff Bezos,MacKenzie Bezos Ref: SPL5054172 050318 NON-EXCLUSIVE Picture by: Xavier Collin/Image Press Agency/Splash News / SplashNews.comSplash News and Pictures USA: +1 310-525-5808 London: +44 (0)20 8126 1009 Berlin: +49 175 3764 166 photodesk@splashnews.comWorld Rights

(FILE) Amazon CEO Jeff Bezos and wife MacKenzie to divorce. Amazon.com Inc founder and Chief Executive Jeff Bezos, the world?s richest man, and wife MacKenzie Bezos are divorcing after 25 years of marriage, the couple said on Twitter on Wednesday. Jeff Bezos, 54, has a fortune that has soared as high as $160 billion thanks to his stake in Amazon, which again became Wall Street?s most valuable company this week, surpassing Microsoft Inc. The couple decided to divorce after a long period of ?loving exploration? and trial separation, and expect to continue as partners in ventures and projects, according to the joint statement. BEVERLY HILLS, LOS ANGELES, CA, USA - MARCH 04: Founder, Chairman and Chief Executive Officer of Amazon Jeff Bezos and wife MacKenzie Bezos arrive at the 2018 Vanity Fair Oscar Party held at the Wallis Annenberg Center for the Performing Arts on March 4, 2018 in Beverly Hills, Los Angeles, California, United States. (Photo by Xavier Collin/Image Press Agency)Pictured: Jeff Bezos,MacKenzie Bezos Ref: SPL5054172 050318 NON-EXCLUSIVE Picture by: Xavier Collin/Image Press Agency/Splash News / SplashNews.comSplash News and Pictures USA: +1 310-525-5808 London: +44 (0)20 8126 1009 Berlin: +49 175 3764 166 [email protected] Rights

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MacKenzie Scott, former wife of Amazon CEO Jeff Bezos, reportedly donated about $1.7 billion of her wealth to more than one hundred nonprofit entities over the past few months.

Following the divorce settlement in 2019, Scott obtained a 4 percent stake in Amazon worth about $35 billion; that amount has skyrocketed since then, now totaling over $59 billion, according to Complex.

After the highly publicized split, Scott pledged to donate a generous portion of her money to charitable causes. Months later, Scott, the 18th richest person in the world, confirmed that she kept her promise.

“Last year, I pledged to give the majority of my wealth back to the society that helped generate it, to do it thoughtfully, to get started soon, and to keep at it until the safe is empty. There’s no question in my mind that anyone’s personal wealth is the product of a collective effort, and of social structures which present opportunities to some people, and obstacles to countless others.”

In a Medium blog posted on Tuesday, Scott listed the causes she supported within the past year. Historically Black Colleges and Universities were among the recipients.

Forbes reported that Scott donated over $100 million to six HBCUs.

Hampton University received $30 million, Howard University received $40 million, and Tuskegee University received $20 million.

The other three universities, Xavier University of Louisiana, Spelman College, and Morehouse, received an unspecified sized gift, the magazine reported.

The charitable donations come a year after Scott signed The Giving Pledge when she promised to donate a vast majority of her Amazon wealth away.

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