It seems like Jeff Bezos’s wife is getting more popular because apparently, she is seen as one of the most generous women in the world. Wondering why? Scroll down to get into details.
Outline
Scott’s charity work has been a hot topic recently.
But this latest news has truly touched the internet’s heart.
Since her divorce from Bezos, Scott has wasted no time distributing his wealth.
Everyone knows how after graduating, Jeff Bezos spent some time working on Wall Street. And 4 years later in 1995, he quit to open his own online bookstore from his garage – Amazon.com, which is the source of his fortune.
The birth of Amazon.com changed everything for Bezos.
The initial success of the online store was staggering. Within the first thirty days, Amazon.com had sold books all across the United States, and across forty-five foreign countries.
In the mere years following its launch, Amazon.com began stocking a wider variety of products…
Such as electronics, clothing, and toys, making it the number one online retailer.
And he didn’t stop there.
In 2013, Bezos revealed that he had purchased the Washington Post, which he has since made profitable with a revenue of over $100 million.
But Bezos has faced a significant amount of controversy regarding his work ethics and spending habits.
Over the last couple of years, more and more stories of Amazon workers being forced to work unethical hours for ridiculously low wages – as little as $10 an hour, in some instances – have been emerging.
And that’s not all…
Despite the retailer being one of the most valuable companies in the world, and pulling in $232.9 billion in global revenue in 2018, they paid absolutely nothing in federal tax that year.
Doesn’t look great for the wealthiest man in the world, does it?
But then, there is Mackenzie Scott, Bezos’s famous ex-wife.
Even though Bezos insisted that their decision to separate and divorce was a mutual one and that they have remained very close friends, it seems as if MacKenzie has some different views of the man she was married to for so long.
She donated $4.1 billion to hundreds of organizations as part of a giving pledge she announced last year.
The author and philanthropist announced her pandemic-era philanthropy in a Medium post and described the coronavirus pandemic as “a wrecking ball in the lives of Americans already struggling” – noting that it is has been worse for women, people of color, and those living in poverty.
Her wealth derives from her ownership of 4-percent of Amazon stock, which translates to 19.7 million shares which she received as part of her divorce settlement.
At the time of writing, she is said to be the richest woman in the world, according to Bloomberg.
Her philanthropy is well known.
After donating $1.68 billion to 116 nonprofits, universities, community development groups, and legal organizations in July, she asked a team of advisers to help her “accelerate” her 2020 giving with immediate help to those financially gutted by the pandemic.
Her generosity is incredible.
They then researched 822 and put 438 “on hold for now,” waiting for more details about their impact, management, and how they treat employees or community members.
In total, 384 organizations in fifty states, Puerto Rico and Washington, D.C., will share $4,158,500,000 in gifts, including food banks, emergency relief funds “and support services for those most vulnerable.”
Another famous donation was to Turtle Mountain Community College in Belcourt in North Dakota.
It’s one of the first tribal colleges ever developed in the United States, designed “to serve the educational needs of tribal citizens and provide the workforce that is needed on the reservation.”
But the latest milestone Mackenzie has surpassed is truly impressive.
And it shows just how she differs from her infamous ex.
According to Forbes, “Mackenzie Scott has distributed at least $8.6 billion in less than two years to 780-plus organizations. Ex-husband Jeff Bezos has ramped up philanthropy since transitioning from Amazon CEO to the chairman, announcing $1 billion in donations in 2021.”
