Tech

MacKenzie Scott says she has given away $3.9 billion to 465 nonprofits in the last 9 months, raising her total to $12.5 billion since she pledged to give away most of her fortune

MacKenzie Scott head shot
MacKenzie Scott. Evan Agostini/Associated Press
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MacKenzie Scott has announced another round of donations as part of her pledge to give away her billions.

Scott, one of the world's richest women and the ex-wife of billionaire Amazon founder Jeff Bezos, has donated $3.86 billion to 465 nonprofits since her last major giving spree announcement in June, she said in a blog post Wednesday.

"Our team's focus over these last nine months has included some new areas, but as always our aim has been to support the needs of underrepresented people from groups of all kinds," Scott wrote in the Medium post. "The cause of equity has no sides."

The groups receiving the donations operate in a wide range of areas, including education, housing, health, Ukraine relief efforts, and more. Some recipients include the Boys & Girls Clubs of America, Planned Parenthood, and Habitat for Humanity.

Of the 465 nonprofits, roughly 60% are led by women, and 75% are helmed by "people with lived experience in the regions they support and the issues they seek to address."

"The leadership of people directly experiencing inequities is essential, both because it is informed by insights no one else can contribute, and because it seeds power and opportunity within the community itself," Scott wrote.

With the newest round, Scott has made a total of 1,257 donations since signing the Giving Pledge in May 2019 following her divorce from Bezos, she wrote in her post. The pledge involves participants committing to give away the majority of their wealth during their lifetimes or in their wills.

The latest addition also brings her total for philanthropic giving since signing the pledge to $12.5 billion. In June, she announced donations totaling $2.74 billion to 286 organizations so far in 2021. In December 2020, Scott revealed she gave $4.16 billion to 384 organizations in the four months prior. Earlier that year, in July, Scott said she had donated $1.7 billion to 116 organizations.

Through the divorce settlement, Scott received a 4% stake in Amazon, which was worth roughly $38 billion at the time. Her net worth topped $60 billion at one point when Amazon shares climbed in 2020. Scott's current net worth is $48.9 billion as of Wednesday afternoon, according to Forbes.

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Sarah Jackson
Sarah Jackson was a senior reporter at Business Insider who covers tech and trending business news, with a focus on the workplace. She has covered The Great Resignation, workplace trends, remote work and RTO, tech layoffs, the job search, and more. Before joining Business Insider in 2021, Sarah also wrote for places like Inc., NBC News, and The Today Show. She received her B.A. in journalism from NYU.Some of Sarah's top stories include:Workers are 'epiphany-quitting' their jobs after the pandemic forced them to rethink everything about their livesJob postings can reveal signs of trouble ahead with a potential employer or role. Here are the red flags that candidates should look for.The 'hushed hybrid' work schedule is the latest way employees are getting around a return to the officeNew York City employers are now required to list salary ranges in their job posts. Here's how that will affect candidates and companies.as-told-to: I do 'Bare Minimum Mondays' at work to help beat the 'Sunday scaries' and avoid burnout. It's completely changed my life and how I approach my job.