American philanthropist, activist, and author MacKenzie Scott, 51, formerly Mrs. MacKenzie Bezos, gave a staggering $6 billion to charity in 2020. She has established a reputation for her charitable giving as the ex-wife of Jeff Bezos, the founder of Amazon and the second-richest person on Earth. Scott’s divorce settlement included 20 million Amazon shares, and her current estimated net worth is $57 billion.
Scott briefly held the title of being the richest woman in the world, but the title didn’t even last a full day in this case because Amazon stock rose and then took a small dive just before the market closed. She frequently makes substantial philanthropic donations, hence her position on the “richest lists” changes.
She wed Bezos in 1993, one year before he founded Amazon. The two were wed from 1993 to 2019. For more than 20 years, Bezos has belonged to the club of billionaires. Scott, who has a heart for helping others, agreed to sign “The Giving Pledge” after obtaining her payout.
In addition to being named one of Forbes’ most powerful women for 2021, Scott was also named one of Time’s 100 Most Influential People for 2020.
Mackenzie Scott’s Childhood and Career
On April 7, 1970, MacKenzie Scott (née Tuttle) was born in San Francisco. She was raised in affluent Marin County as the daughter of a financial planner and a homemaker. She went to the Lakeville, Connecticut-based Hotchkiss School. After an SEC investigation, her father filed for bankruptcy while she was there. Her father was prohibited by a judge from ever founding another financial company, demonstrating that the family was a wealthy consumer.
Toni Morrison was Scott’s professor at Princeton University, where she majored in English and received her degree in 1992.
Even though her goal was to become a writer, she moved to New York City shortly after accepting a position at a hedge firm. She met Jeff Bezos, a senior VP colleague while serving as an administrative assistant at the hedge fund. Three months into their courtship, they were already engaged. They tied the knot in 1993.
Bezos started his business by selling books because he was determined to build an online e-commerce site. Scott was crucial to his success and went to Seattle with him as he made the move to pursue his e-commerce dream. This project’s first name was Cadabra, but Amazon was eventually adopted.
He obtained a $300,000 loan from his parents to start the company. Scott worked as the bookkeeper and administrative assistant.
She published her first novel, “The Testing of Luther Albright,” in 2005 while still aspiring to be a writer. 2013 saw the release of “Traps,” her sophomore album.
In 1997, Amazon went public. Bezos hit the billion-dollar mark in 1998. Three years later, his net worth had topped $100 billion. In 2015, his net worth was $50 million. His net worth has fluctuated in recent years between $150 and $200 billion.
Mackenzie Scott’s Private Life
Scott and Bezos got a divorce on good terms after 25 years of marriage. The couple has a daughter and three sons. At the time of their divorce, he was worth $136 billion, leaving her with an estimated $35.6 billion in equity. They decided to allow Jeff to retain the voting privileges for the shares he divested to her.
In the summer of 2020, she adopted the name MacKenzie Scott and started her legacy of charity giving, giving $1.7 billion to 116 organizations. Later on in the year, she gave an additional $4 billion to 400 charities and other organizations.
In 2021, Scott wed Dan Jewitt, a science instructor at Seattle’s Lakeside School for high school students.
Did Mackenzie Bezos Found Amazon?
Jeff Bezos and MacKenzie Scott both worked at the New York hedge fund D.E. Shaw, where their offices were close to each other. Three months after they started going out, they got married. She told the Seattle Post-Intelligencer in 2005, “I do remember the first time I heard him laugh.” “I met him at the New York hedge fund where we both worked… I could always hear him laughing. His laugh made me fall in love with him.”
Scott then drove them across the country to Seattle while he started making business plans for the start-up. This was so that Bezos could follow his dream of making an e-commerce site. The story goes that they came up with the name of the company together, and she helped him when Amazon was just a small website selling books.
She once told CBS, “I’m not a business person.” “So what I hear when he tells me about that idea is the excitement and passion… And to me, what’s better than watching your spouse or someone you love have an adventure and being a part of it?
Mackenzie Scott’s Net Worth
American novelist, philanthropist, and activist MacKenzie Scott, formerly MacKenzie Bezos, is from the United States. MacKenzie Scott’s net worth is $57 billion as of this writing. Her wealth would be substantially larger if it weren’t for the $6 billion she gave away to charity in just 2020. During her lifetime, she intends to contribute the vast majority of her assets.
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Mackenzie Scott: What Does She Do?
The Testing of Luther Albright was published in 2005, and Traps was published in 2013. Although Scott is most known for her philanthropy and her record-breaking divorce settlement with Amazon founder and executive chair Bezos,
she is also the author of two novels under the pen name MacKenzie Bezos. Her debut book, which was eventually designated a Los Angeles Times “book of the year” in 2005, was finished after “a lot of tears,” she admitted to Vogue in 2013.
How Much Money Did Mackenzie Bezos Receive?
In 2019, Scott and Bezos parted ways. The couple announced their decision to divorce in a joint statement on Bezos’ Twitter account at the time. “As our family and close friends know, following a long period of loving exploration and trial separation, we have decided to split and continue our shared lives as friends,” the statement said. “We would have done it all over again if we had known we would split up after 25 years.”
— Jeff Bezos (@JeffBezos) April 4, 2019
“Grateful to have finished the process of dissolving my marriage with Jeff with support from each other and everyone who reached out to us in kindness, and looking forward to [sic] next phase as co-parents and friends,” Scott wrote in part of her own Twitter statement that she posted in response to the announcement.
After the divorce was finalized, Scott, who declared she would stop using the Bezos name in 2020, reportedly received 25% of her ex-$36 husband’s billion worth of Amazon stock. After their divorce, she gave him voting control over her Amazon shares as well as her investment in The Washington Post and the Bezos-owned aerospace company Blue Origin. The couple, who have four children together, hold the record for the most expensive divorce ever.
What Amount of Money Has Mackenzie Scott Donated?
According to Forbes, Scott has given over $12.5 billion to over 1,250 organizations in the last two years alone. Her unparalleled rate of contribution hasn’t destroyed her fortune yet; in 2021, she was still the world’s fourth-richest lady and 30th richest individual.
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Her total gifts greatly outnumber those of her ex-husband, who has refused to sign the Giving Pledge. Elon Musk, the world’s richest man, as well as several other top CEOs, signed the deal. However, Bezos has praised his ex-charitable wife’s activities, tweeting a link to her Giving Pledge letter in 2019. “MacKenzie is going to be brilliant, intelligent, and effective at philanthropy,” he wrote at the time. “Her letter is very lovely. MacKenzie, go get ’em.”
The World’s Richest Woman
MacKenzie was the fifth-richest woman in the world as of the year 2020. The following is a list of the world’s wealthiest women as of January 1, 2020:
1: Francoise Bettencourt-Meyers, a $62 billion heiress to L’Oreal.
2: Julia Flesher Koch ($60 billion; widow of David Koch; Koch Oil)
3: Alice Walton ($53 billion) (daughter of Sam Walton, founder of Walmart)
4: Jacqueline Mars ($42 billion) (Mars candy)
5: MacKenzie Bezos, $37 billion
In the end, Jeff and MacKenzie Bezos had a very good year in 2020.
Amazon stock skyrocketed when the Coronavirus outbreak caused the entire world to come to a screeching halt. Most people were confined to their homes, purchasing deliveries, watching Prime video, and wailing into Alexa.
Jeff and MacKenzie’s respective net worths rose when Amazon’s stock price rose from $1,900 on January 1 to almost $3,000 six months later. On July 10, 2020, MacKenzie’s net worth reached $64 billion. MacKenzie’s net worth reached $67 billion on August 26 when AMZN surpassed $3,440. The world’s wealthiest women on that day are listed below:
Here is how that same list fared on August 26, 2020, after the market closed:
1: MacKenzie Bezos – $67 billion
2: Francoise Bettencourt-Meyers – $66 billion
3: Alice Walton – $56 billion
4: Julia Flesher Koch – $52 billion
5: Jacqueline Mars – $37 billion
In March 2021, MacKenzie announced her recent marriage to Dan Jewett, a science teacher at a high school. Dan is a teacher at the prestigious Lakeside School, where Paul Allen and Bill Gates were both students.
In a statement on her Giving Pledge page, she announced the news and mentioned that her new spouse had agreed to her commitment. Dan is such a fantastic guy, and I am delighted and excited for both of them, Jeff Bezos thanked the couple in a statement issued by an Amazon official.
Even MacKenzie’s Amazon author bio has been amended to reflect that she “lives in Seattle with her four kids and her husband, Dan.”
Where Does Mackenzie Bezos Live Now?
She resides in Seattle with her four children and her husband, Dan, according to Scott’s updated author bio on the Amazon website.com.