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HomeBusinessMackenzie Scott paid 4.2bn in four months

Mackenzie Scott paid 4.2bn in four months

Mackenzie Scott, the ex-wife of Amazon founder Jeff Bezos, has donated more than 4 billion ( 3 billion) to the Food Bank and Emergency Relief Fund in four months.

In a blog post, Miss Scott said she wanted to help Americans who are fighting epidemic causes.

Miss Scott is the 18th richest person in the world who has seen her wealth rise to 60.7 billion from 23.6 billion this year.

Much of his fortune came from Mr. Bezos, the world’s richest man and chief executive of Amazon.

“This epidemic has become a catastrophic force in the lives of Americans already fighting,” he wrote in a blog post on Tuesday, adding that he had selected more than 380 charities to consider approximately 6,500 organizations.

“Economic losses and health consequences have been similarly worse for women, people of color, and people living in poverty. Meanwhile, it has significantly increased the wealth of millionaires.”

Miss Scott donated 1.7 billion to 116 charities in July, saying she wanted to “focus on organizations and leadership.” It takes its total grant for the year to be around 6 billion.

The grants were administered to communities facing higher projected food insecurity, higher levels of racial inequality, higher local poverty rates, and less access to public welfare capital.

Last year he signed the Giving Promise, promising to give up most of his fortune. The Giving Promise is the promise of the world’s richest people and families to sacrifice the lion’s share of their wealth.

“I don’t have a comparable amount to share,” he wrote in his pledge.

Charitable experts have praised the amount of money he has given and how he has done it. Ms. Scott has worked with a team of advisors to research thousands of organizations.

“We gained this combined knowledge base in a collaboration that included hundreds of email and phone interviews, and community needs, program results, and thousands of pages of community data analysis, program results, and the effective use and exploitation of each monetary fund.” “Wrote.

Billions of Bezos

This year, Mr. Bezos was also active in humanitarian aid, pledging 10 million for climate change.

In November, he announced the first of these grants, giving 800 million to about 16 groups. According to the Bloomberg Billionaires Index, Mr. Bezos has increased his net worth by 70bn to bn 185bn this year.

There has been a massive increase in online shopping benefiting online retailers like Amazon during the epidemic. Swiss bank UBS says millionaires did “extremely good” work in the Covid crisis.


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