Jeff Bezo’s Ex-Wife Giving Away Fortune $1 Billion at a Time

Wikimedia Commons, DoD photo by Senior Master Sgt. Adrian Cadiz

After divorcing Amazon founder Jeff Bezo’s, the world’s richest man, his ex-wife MacKenzie Scott became the 12th wealthiest person in the world, and she’s using her fortune to help others. 

After walking away from their 26-year marriage with a quarter of Bezos Amazon shares in the couple’s 2019 divorce settlement, Scott became the richest woman in the world when stock prices soared during the pandemic.  

With an estimated net worth of $62 billion dollars, she has decided to give back. In May of 2019, she signed onto the Giving Pledge Initiative, founded by Warren Buffett along with Bill Gates and his wife Melinda, which encourages the world’s wealthy to donate the majority of their fortunes to charity.  

Scott pledged to dedicate half her wealth to charitable causes, while her ex-husband Bezos with a vast wealth of more than $200 billion has not signed on.  

In July, she announced that she donated close to 1.7 billion to 116 organizations and on Tuesday she revealed that she had spent more than a billion dollars a month for the last four months funding 384 organizations.  

“This pandemic has been a wrecking ball in the lives of Americans already struggling,” Scott wrote in an announcement. “Economic losses and health outcomes alike have been worse for women, for people of color, and for people living in poverty. Meanwhile, it has substantially increased the wealth of billionaires.”

Scott had a team of advisors identify those suffering most in the pandemic so she could provide them immediate support.  

“The result over the last four months has been $4,158,500,000 in gifts to 384 organizations across all 50 states, Puerto Rico, and Washington D.C. Some are filling basic needs: food banks, emergency relief funds, and support services for those most vulnerable,” she continued. “Others are addressing long-term systemic inequities that have been deepened by the crisis: debt relief, employment training, credit and financial services for under-resourced communities, education for historically marginalized and underserved people, civil rights advocacy groups, and legal defense funds that take on institutional discrimination.”

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Russ
Russ
4 months ago

It’s amazing how fast someone will give away money that they didn’t earn. Kind of like these sick Democrats we have in government. I hope she gives it all away. But then she may have to do something to earn her own money.

Dan Winright
Dan Winright
4 months ago

Nothing humanitarian about it. Its only billionaires seeking tax shelters

Scott
4 months ago
Reply to  Dan Winright

That’s nonsense. She is donating to good causes. If you donate a billion dollars to something, you have lost a billion dollars. Any taxation “break” that would not be placed on you will not be even close to what she has donated. Second, government does not own us, regardless of how much we have. You have a lousy, envious and jealous attitude.

Steve
Steve
4 months ago
Reply to  Scott

THIS DOESNT EVEN HAVE TO DO WITH TAX BREAKS DOOFUS!
SEE WHERE BILL GATES “DONATIONS” GO!
FOLLOW THE MONEY!

Steve
Steve
4 months ago
Reply to  Dan Winright

AND SHELL COMPANY FUNDINGS! JUST HIDING WEALTH TIS ALL!

LES
LES
4 months ago

The fact this woman is following the lead of Bill Gates indicates she is not contributing to “needy” causes but more political organizations that have NOTHING to help improve the lives of average Americans . . .

Manuel Acebo-Silva
Manuel Acebo-Silva
4 months ago
Reply to  LES

Sounds to me she is helping many organizations not affiliated with politics as you stated. Anyone stepping up to the plate to help during this pandemic should be complimented not chastised. She may belong to the foundation established by Gates and Buffett, however, her advisors do the homework to fulfill her charitable efforts. Something most people of wealth do not do. This lady has a heart of gold and let her be.

Steve
Steve
4 months ago
Reply to  LES

YUPPERZ!
AT LEAST SOMEONE GETS IT!
GETS WHAT TRULY IS GOING ON!

Ginger
Ginger
4 months ago

It’s so sad that the people who seem to get all of the money without really earning it tend to throw it away on leftist causes that do nothing to help the average person.

Joe Smith
Joe Smith
4 months ago

Jeff Bezos has over 200 billion dollars. Why can’t that fool give half of his money to worthy charities? If he did this, he would STILL have 100 billion dollars in his bank account!!
I think he will not do this because he wants to be known as ‘the world’s most wealthiest person”. Still, it is far better to help others than to have some title.

Steve
Steve
4 months ago

GIVING BILLIONS INTO BILL AND MEL GATES ETC. ???? WHAT A DOOFUS OR JUST AS WRETCHED! WHEN BILL DONATES HE KNOWS PERCENTAGES OF THOSE “GIFTS” COME BACK TO HIS COFFER FUNNELING AND BEING USED TO LOBBY AND AGEND!
YOU REALLY WANT ANYONE WITH AN OUNCE OF SENSE TO BELIEVE THAT THIS HELPS ANY PEOPLE LOOKING FOR ASSISTANCE UNDER THESE “ORGANIZATIONS”?
LOL!!
JUST ANOTHER ELITEST BULLSHIT SCHEME FOLKS! NOTHING TO SEE HERE!

Jerry
Jerry
4 months ago

Also if you make charitable donations why do you have to have press conferences or press releases hey look at me I’m donating to all these worthy causes bulls**t normal people donate because they want to help or maybe they were helped in past and are paying it back they don’t walk around asking for a pat on the back these wealthy elites make me sick donate if you want and do it with your heart not your accountants and publicist These fools care only about themselves and pushing their agendas on all of us