MacKenzie Scott

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MacKenzie Scott Cuts Almost Half Her Amazon Stake

She's given away $20B but is still richer than she was after 2019 divorce from Jeff Bezos

(Newser) - MacKenzie Scott, the billionaire philanthropist and ex-wife of Jeff Bezos, has cut her Amazon stake by 42% over the past year, according to newly filed regulatory paperwork. The reduction amounts to 58 million shares, worth some $12.6 billion, leaving her with 81.1 million shares in the company. As...

MacKenzie Scott Makes More Hefty Donations

Money goes to historically Black university, preserving Black history

(Newser) - MacKenzie Scott continues to give away her billions , with a new donation benefiting the preservation of Black history and culture, and one going to Morgan State University, a historically Black university. The billionaire philanthropist donated $40 million to the African American Cultural Heritage Action Fund in her second major gift...

MacKenzie Scott Makes Another Major Gift

Philanthropist's latest goes to UNCF to financially strengthen HBCUs

(Newser) - Philanthropist MacKenzie Scott has donated $70 million to the UNCF, as the nation's largest private provider of scholarships to minority students works to raise $1 billion to strengthen all 37 of its historically Black colleges and universities. The gift is one of Scott's largest single donations ever, reports...

MacKenzie Scott Reveals Her $2B in Donations for 2024

Expert says billionaire philanthropist seems to be focusing on issues of poverty

(Newser) - Billionaire author and philanthropist MacKenzie Scott acknowledged another $2 billion in donations in a blog post on Wednesday, bringing the total she's given away since 2019 to $19.2 billion, the AP reports. About 75% of this year's donations went to "nonprofits that support the economic security...

Meet the Most Powerful Women in the World

European Commission chief Ursula von der Leyen tops Forbes list

(Newser) - "It is time for women." Those were the words delivered by Claudia Sheinbaum as she was sworn in two months ago as Mexico's first female president. It's also the underlying message behind this year's "most powerful women" list in Forbes , which honors "100...

MacKenzie Scott Drops Another Philanthropy Bomb

$640M, more than double her initial plan, goes to nonprofit applicants

(Newser) - MacKenzie Scott, the billionaire philanthropist and author, had promised to give $1 million each to 250 organizations last year through an "open call" for applications. She apparently changed her mind. On Tuesday, she announced she would give $640 million to 361 organizations instead, reports the AP . That makes her...

Elon Musk Does Not Like MacKenzie Scott's Billions to Charity

Calls fellow billionaire's charitable giving among the reasons 'that Western Civilization died'

(Newser) - MacKenzie Scott has become a power player in philanthropic circles, donating billions to charity since her split with Amazon founder Jeff Bezos in 2019. That charitable giving, however, has apparently attracted the ire of a fellow billionaire: X owner Elon Musk, who had words for Scott on his social media...

MacKenzie Scott Gave Away $2.1B Last Year

Billionaire philanthropist once married to Jeff Bezos has given away more than $16B since 2019

(Newser) - MacKenzie Scott donated $2.1 billion in the past year, she said in an online post, bringing her total reported giving to more than $16 billion since 2019. While previous announcements have included detailed essays about the reasons for her donations, Scott offered only a short post titled "Giving...

Jeff Bezos' Ex Gives Away Another $2B

MacKenzie Scott makes the announcement on her blog

(Newser) - Megadonor and novelist MacKenzie Scott announced almost $2 billion in donations to 343 organizations in a short blog post Monday, emphasizing her interest in supporting people from underserved communities. In her first post in nearly eight months, Scott showcased her donations to numerous funds as a “great resource” for...

MacKenzie Scott Gives Girl Scouts Its Biggest Gift Ever

Philanthropist donates more than $84M to group

(Newser) - Philanthropist MacKenzie Scott donated $84.5 million to Girl Scouts of the USA and 29 of its local branches, the 110-year-old organization said Tuesday, calling it a vote of confidence. "Her support of our organization means honestly just as much as the donation," Sofia Chang, CEO of GSUSA,...

Name of MacKenzie Scott's Husband Quietly Disappears
MacKenzie Scott Quietly
Files for Divorce
UPDATED
Sep 29, 2022 12:30 AM CDT

MacKenzie Scott Quietly Files for Divorce

Her second husband had disappeared from joint philanthropy efforts

(Newser) - Update: MacKenzie Scott has indeed split with her second husband. The billionaire philanthropist, 52, filed for divorce from science teacher Dan Jewett on Monday after less than two years of marriage, reports CNN . The papers were filed in King County Superior Court in Washington state, though no further details were...

Jeff Bezos' Bank Account Had a Very Bad Day

Stock slide shrinks founder's personal wealth by $18B

(Newser) - It took a single day for the effects of Amazon's quarterly loss to be brought home to Jeff Bezos. The company's founder fell Friday to No. 3 on the list of the world's richest people, after Amazon reported Thursday that it had lost $3.8 billion in...

Three Decades Ago, She Struggled to Pay the Rent
Three Decades Ago, She
Struggled to Pay the Rent
longform
Apr 16, 2022 10:21 AM CDT

Three Decades Ago, She Struggled to Pay the Rent

'New York Times Magazine' profiles MacKenzie Scott

(Newser) - A new profile of MacKenzie Scott in the New York Times Magazine points out that 30 years ago, she was putting herself through Princeton as a waitress and worried about paying the rent. At one point, her college roommate, after finding Scott crying on the couch, gave her a $1,...

MacKenzie Scott Has a Giant Gift for Habitat for Humanity

(Newser) - MacKenzie Scott has donated $436 million to Habitat for Humanity International and 84 of its US affiliates—the largest publicly disclosed donation from the billionaire philanthropist since she pledged in 2019 to give away the majority of her wealth, the AP reports. "We could not be more excited to...

In Latest Round of Giving by MacKenzie Scott, 'No Dollar Signs'

Billionaire philanthropist won't say how much she gave away this time

(Newser) - In a blog post titled “ No Dollar Signs This Time ,” billionaire philanthropist MacKenzie Scott said she won’t reveal how much she has given to charity since her last round of donations earlier this year, in an effort to reduce the attention she draws, the AP reports. Instead,...

What a $50M MacKenzie Scott Donation Has Helped Achieve

She gave that amount in 2020 to Prairie View A&M University

(Newser) - MacKenzie Scott has famously given away billions of dollars of her Amazon-related wealth since 2020. Writing for the New York Times , Gina Cherelus zeroes in on where $50 million of those billions went: to Prairie View A&M University, a historically Black university in Texas. It's actually Texas' second-oldest...

What Happens When 2 Billionaires' Exes Team Up? This

MacKenzie Scott, Melinda French Gates donate $40M to programs supporting gender equality

(Newser) - We don't know (though we'd love to) what the flies on the wall hear when MacKenzie Scott and Melinda French Gates get together, but one of their recent conversations apparently took a philanthropic turn. The two billionaires—and exes of former Amazon CEO Jeff Bezos and Microsoft co-founder...

MacKenzie Scott Slams Wealth Gap, Donates Billions More

Jeff Bezos' ex-wife gives to 286 organizations

(Newser) - MacKenzie Scott just made a lot of people very happy. The billionaire philanthropist and ex-wife of Amazon founder Jeff Bezos announced Tuesday in a Medium post that she has given away another $2.7 billion to 286 organizations, per the AP . It's the third round of announcements Scott has...

How Scammers Made Use of MacKenzie Scott's Largesse

She gave billions directly to foundations, and scammers took advantage of that

(Newser) - "What a gift she’s given them," professor Marti DeLiema tells the New York Times of MacKenzie Scott and the almost $6 billion she gave away last year. But the "them" DeLiema is referring to isn't the hundreds of nonprofits who were surprised to get an...

MacKenzie Scott, Jeff Bezos' Ex, Is Married Again

To Dan Jewett of Seattle, a teacher

(Newser) - Two years after she divorced the world's richest man , MacKenzie Scott has a new husband. The billionaire philanthropist and author married Dan Jewett, a science teacher at a private school in Seattle, the Wall Street Journal reports. Scott's Amazon author bio now mentions her new spouse, and there'...

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