MacKenzie Scott is a novelist and philanthropist who was born on April 7, 1970. Her philanthropic endeavors, as well as her now-disbanded marriage to Jeff Bezos, have made her well-known. Because she owns a 4% share in Amazon, the firm created by Jeff Bezos, she has a net worth of US$37.6 billion as of November 2021. Scott is the third richest woman in the United States and the world’s 21st richest person. In 2021, Forbes named Scott one of the world’s most powerful women, and in 2020, she was named one of Time’s 100 Most Influential People.
Scott’s debut novel, The Testing of Luther Albright, received her an American Book Award in 2006. In 2013, she published her second novel, Traps. She started the anti-bullying organization Bystander Revolution in 2014 and has served as its executive director since then. Scott made US$5.8 billion in charitable gifts in 2020, one of the greatest yearly distributions by a private individual to working nonprofits. As a signatory to the Giving Pledge, Scott pledged to give at least half of her wealth to charity. In the year 2021, she will give another $2.7 billion.
What is the net worth of MacKenzie Scott?
MacKenzie Scott is an American novelist, philanthropist, and activist who used to be known as MacKenzie Bezos. MacKenzie Scott is valued $57 billion at the time of writing. Her fortune would have been far greater had she not given $6 billion to charity in 2020 alone. During her lifetime, she intends to contribute the vast majority of her assets. This article will go into further detail about her generosity.
MacKenzie became the world’s richest woman for the first time on July 13, 2020, when Amazon’s stock broke $3,300 a share. She didn’t manage to keep the title for the entire day. Amazon had lost many percentage points by the end of the trading day, relegating Francoise Bettencourt-Meyers to the top spot. After a few months, MacKenzie began donating billions of dollars to charity, making her position as the world’s richest woman considerably more difficult to maintain.
Infancy
MacKenzie Scott (Instagram), a San Francisco native, was born on April 7, 1970. She was raised in wealthy Marin County as the daughter of a financial planner and a housewife. In Lakeville, Connecticut, she attended the Hotchkiss School. Her father declared bankruptcy while she was there, as a result of an SEC investigation. Her father was forbidden from ever starting another financial enterprise by a judge, implying that the family was wasteful with their money.
Scott graduated from Princeton University in 1992 as an English major who studied under Toni Morrison.
Despite her desire to become a writer, she relocated to New York City after accepting a position at a hedge firm. She met Jeff Bezos, a senior vice president, at the hedge fund where she worked as an administrative assistant. They became engaged after three months of romance. In 1993, they got married.
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Career
Bezos was adamant about opening an online eCommerce store, and he began by selling books. Scott was a key part of his success, and he went to Seattle with him to pursue his eCommerce ambition. Cadabra was the company’s original name, but Amazon was quickly adopted.
After receiving a $300,000 loan from his parents, he launched his firm. Scott worked as the bookkeeper and administrative assistant.
She published her first novel, “The Testing of Luther Albright,” in 2005, while she pursued her passion of becoming a novelist. In 2013, she released her sophomore album, “Traps.”
In 1997, the company went public. In 1998, Bezos surpassed the $1 billion mark. His net worth had grown from $50 million in 2015 to over $100 billion in three years. His wealth has fluctuated between $150 billion and $200 billion in recent years.
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Mackenzie Scott’s net worth was amassed in many ways
Mackenzie married Jeff Bezos a year before he chose to launch Amazon, so she was on the ground floor.
While Jeff worked on his Amazon business proposal, Mackenzie drove the car across the nation to Washington.
Between 1993 and 2019, MacKenzie remained married to Jeff, and the couple’s divorce settlement included 20 million shares of Amazon stock.
Mackenzie pledged to give away 99 percent of her net fortune before she dies after collecting her compensation.
Personal strengths and productive practices of Mackenzie Scott
Mackenzie claims to have discovered a new love for charity and enjoys donating to worthy charities.
She has pledged to donate the majority of her assets to the Giving Pledge before she dies.
My Private Life
Scott and Bezos split peacefully after 25 years of marriage. Three sons and a daughter are the couple’s children. At the time of their divorce, he was worth $136 billion, leaving her with a net worth of $35.6 billion. Jeff was allowed to preserve his voting rights on the shares he sold to her.
In the summer of 2020, she changed her name to MacKenzie Scott and launched her philanthropic giving legacy, donating $1.7 billion to 116 different charities. Later that year, she gave an additional $4 billion to 400 charities and other organizations.
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