March 29, 2024

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ex-wife of Jeff Bezos offers away $4bn in 4 months




MacKenzie Scott, the ex-wife of the Amazon founder, Jeff Bezos, has donated more than $4bn in the past four months


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MacKenzie Scott, the ex-spouse of the Amazon founder, Jeff Bezos, has donated a lot more than $4bn in the earlier 4 months

MacKenzie Scott, the ex-spouse of the Amazon founder, Jeff Bezos, has donated far more than $4bn in the earlier four months to hundreds of charities and aid organisations, which include food items banking companies fighting the influence of the coronavirus pandemic.

Scott, who has a personal net truly worth of more than $60bn (£44.5bn), pledged to give away considerably of her wealth soon after her divorce settlement with Bezos final year.

In July, Scott reported she experienced donated $1.7bn to 116 charities. On Tuesday, she claimed she had resolved to “accelerate” her donation technique this calendar year, and in the previous four months has provided a additional $4.15bn to 384 organisations across the US and Puerto Rico, having her total donations this 12 months to $6bn.

“This pandemic has been a wrecking ball in the life of Us residents presently struggling,” she wrote in a blogpost titled 384 Means to Enable. “Economic losses and well being outcomes alike have been even worse for gals, for people today of color, and for individuals dwelling in poverty. In the meantime, it has considerably greater the wealth of billionaires.”

Bezos, who had been married to MacKenzie for 26 several years, is the world’s wealthiest person, with a fortune approximated at $182bn, in accordance to the Bloomberg Billionaires Index.

MacKenzie said she took a “data-driven” solution to deciding upon the recipients of donations. Even so, her crew compensated “special attention to those people running in communities dealing with higher projected food stuff insecurity, higher steps of racial inequity, large community poverty rates, and minimal obtain to philanthropic capital”.

She extra that some of her donations aimed to fulfil essential desires, this sort of as food banks, crisis reduction funds and aid for the most susceptible. Others focused on long-expression troubles that the pandemic has exacerbated, these as credit card debt relief, employment education and instruction for “historically marginalised and underserved people”, as perfectly as civil rights teams and authorized defence cash.

In total, her group looked at 6,490 organisations and put 822 into “deeper research”.

This calendar year, Bezos has fully commited $10bn to issues connected to local climate improve. In November, he declared the 1st of those people grants, handing out practically $800m to 16 groups.