Bezos’ ex-wife donates $ 1.7 billion to charity

Bezos' ex-wife donates $ 1.7 billion to charityBezos' ex-wife donates $ 1.7 billion to charity

Mackenzie Scott, formerly Mackenzie Bezos, has already donated nearly $ 1.7 billion of her fortune to various charities.

Mackenzie Scott on Tuesday provided an update in a post on Medium, and also announced that she changed her last name to the middle name she grew up with following her divorce from the Amazon CEO Jeff Bezos Last year.

Last year, Scott acquired a quarter of Bezos' shares in a divorce settlement, giving her 4% of the stock, which was then valued at over $ 35 billion. Her net worth is currently estimated at around $ 60 billion, according to the Bloomberg Billionaire Index..

«Like many others, I looked at the first half of 2020 with a mixture of grief and horror, ”writes Scott. – What fills me with hope is the thought of what will happen if each of us thinks about what we can offer».

She noted that the $ 1.7 billion donation was distributed among 116 organizations working in one of nine «areas of need», including racial justice, LGBT equality, functional democracy and climate change. Organizations she has supported include NAACP Legal Advocacy and Education Foundation, Obama Foundation, Presidential Center George W. Bush, RAINN and the European Climate Fund.

Scott joined the Giving Pledge last year. Initiative put forward Warren Buffett, and Bill and Melinda Gates, encourages the richest people in the world to devote most of their wealth to charitable causes, both during life and after death, according to the will.

Bezos, the richest man in the world, has previously been criticized for not donating much of his wealth to charity, but in recent years he has donated billions of dollars to goals such as climate change and tackling world hunger..

Scott's announcement came the day before Bezos is due to testify in Congress along with executives from Facebook, Google and Apple to address allegations that their companies are too dominant or damaging free competition..