“My philanthropic efforts will continue to be deliberate. Time and work and care will be required to accomplish this goal. But I’m not going to put up with it any longer. And I’m going to keep going until the safe is emptied.”
One of Bill and Melinda Gates and Warren Buffett’s creations, the Giving Pledge, was launched in 2014. “An open call for billionaires, or those who would be if not for their giving, to publicly dedicate the majority of their wealth to philanthropy,” reads the promise.
He was raised in Marin County across the Golden Gate Bridge from San Francisco in April 1970 by his mother and father.
Her father and mother raised her in the Pacific Heights district of San Francisco.
Father and mother worked in an investment advisory firm.
Scott and Bezos ended their 25-year marriage amicably. A mother and father have three sons and a daughter together. After their split, she was left with an estimated $35.6 billion in his stead, despite his $136 billion net worth. Together, they decided to allow Jeff to keep the voting rights to the shares he had previously divested to them.
As MacKenzie Scott, she launched her philanthropic giving legacy in the summer of 2020, donating $1.7 billion to 116 different organizations across the United States and Canada. More than $4 billion was given to 400 charities and other organizations later in the year.
A Seattle high school science teacher named Dan Jewitt became Scott’s new husband in 2021.
Novelist, philanthropist and activist MacKenzie Scott used to go by the name MacKenzie Bezos. MacKenzie Scott is currently worth $57 billion, according to the most recent available data.
Her net worth would be far larger if she hadn’t donated $6 billion to charity in 2020 alone. In her lifetime, she intends to give away the vast majority of her fortune to charity. Later in this post, we’ll discuss her altruism.
The day after Amazon’s stock price surpassed $3,300 a share on July 13th, 2020, MacKenzie became the world’s richest woman for the first time. During the course of the day, she lost her crown.
That championship had been returned to Francoise Bettencourt-Meyers as soon as Amazon had lost several percentage points. When MacKenzie started contributing billions of dollars to charity, it became increasingly difficult for her to maintain her status as the richest woman on the planet.
Amazon went public for the first time on May 15, 1997. Amazon’s first day of trading finished at $2 per share after reversing stock splits. In today’s market, a single share of Amazon is worth more than $3,000.
If you had invested $10,000 in Amazon at the IPO, you would be sitting on more than $15 million now.
Jeff Bezos held 20% of Amazon at the time of its IPO. He’d periodically sell off pieces of equity to generate cash throughout the years. A financial infusion of $70 billion has been made via Jeff’s share sales to this point. When he and his ex-wife divorced, he had a stake in the company at 16 percent.
In June of 1998, Jeff became the first billionaire in the world. He was valued $10 billion at the height of the dot-com bubble. His wealth plummeted to just $2 billion after the bubble broke.
For the first time, he had a net worth of $50 billion in June 2015. It passed the $100 billion mark for the first time in January of this year. It surpassed $150 billion in July of last year. His net worth has ranged between $150 and $200 billion in recent years.
Amazon’s stock momentarily traded above $3,300 on July 13th, 2020. Any price exceeding $3,255 would make MacKenzie the world’s richest woman. Consequently, MacKenzie Bezos will become the world’s wealthiest woman on July 13, 2020.