Assets grow faster than they can give
MacKenzie Scott, the ex-wife of billionaire Jeff Bezos, has donated $3.9 billion to 465 different nonprofit organizations since last June, according to a personal blog post on March 23.
But, even as she gave away billions, Scott’s net worth continued to grow. At the moment, she still owns a net worth of about $50 billion, according to Bloomberg data.
Million-dollar philanthropist MacKenzie Scott.
In 2019, Scott signed a pledge to give away half of his fortune after his divorce from Amazon founder Jeff Bezos. As part of the divorce settlement, Scott received a 4% stake in Amazon, worth about $36 billion at the time.
At the time, she said that the donations were aimed at supporting the needs of disadvantaged groups. As a result, Scott donated $275 million to Planned Parenthood, at both headquarters and 21 state branches. This is an organization dedicated to supporting reproductive health. She has also given money to several other organizations with a focus on reproductive rights, including SisterSong and the National Institute for Reproductive Equity.
A housing nonprofit, Habitat for Humanity International, also received $436 million from Scott. The organization’s CEO said it will use the fund to increase the supply of affordable housing, especially for communities of color.
A $281 million grant was also awarded to the Boys & Girls Clubs of America – a national organization that provides voluntary after-school programs for young people – as well as the Innocence Project – an organization that advocates for people with disabilities. unjustly convicted – and humanitarian organizations supporting the crisis in Ukraine.
Since divorcing her ex-husband, her fortune has continued to increase even though she is hard at work doing charity work.
However, the continuous giving of assets still does not relieve the pressure of this female Manh Thuong Quan, because since Scott first pledged to give away her property 3 years ago, she has said that she will give it away. until “the safe is empty.” But the pandemic has proven profitable for Amazon, and as the company has grown, so has Scott’s net worth. , her net worth has increased by more than $10 billion, according to Bloomberg, thanks to the increase in the value of Amazon shares.
That’s why even though Scott has given away about $12 billion over the past two years, she’s still about $19 billion richer than when she first pledged to donate her fortune.
Refer QZ
at Blogtuan.info – Source: genk.vn – Read the original article here
