Novelist and philanthropist McKenzie Scott, whose ex-husband is Amazon CEO Jeff Bezos, announced on Tuesday that he had already donated close to $ 1.7 billion of his immense wealth in the past year. The causes and nonprofits chosen so far include those supporting racial, LGBTQ + and gender equity, as well as those dedicated to tackling climate change and improving public health and economic mobility. Scott has more than $ 60 billion in total assets for recent gains in Amazon stock.
The announcement, made as part of a middle position under Scott’s new name (taken from his middle name), comes after Scott signed The Giving Pledge after his divorce. The campaign was launched in 2010 by Microsoft co-founder Bill Gates and billionaire investor Warren Buffett to encourage the world’s wealthiest people to donate most of their money over their lifetime. There are currently more than 200 signatories from about two dozen countries.
After the commitment I made last year to give the majority of my funds in my lifetime: https://t.co/Ocb8eU5UR1. (Note that my middle account is under my new last name – I have changed back to middle name, after my grandfather Scott.)
– Mackenzie Bezos (@mackenziebezos) 28 July 2020
“Last year I promised to give back most of my money to the society, which helped generate it, to do it thoughtfully, to start soon and to keep it safe. It is not a question in my mind that one’s personal wealth is the product of a collective effort, and of social structures that provide opportunities to some, and obstacles to countless people, “Scott writes in his middle position.
“Like many, I watched the first half of 2020 with a heart-breaking and frightening mix. Life will never stop finding new ways of exposing inequalities in our system; Or to awaken us to the fact that this unbalanced civilization is not only unjust, but also unstable, ”she adds. “What fills me with hope is what will happen if each of us reflects on what we can offer.”
Here’s how Scott says he has donated money so far:
Totals given till date:
Racial equality: $ 586,700,000
LGBTQ + Equity: $ 46,000,000
Gender Equity: $ 133 million
Economic Mobility: $ 399.5 million
Empathy and Bridging Devices: $ 55,000,000
Functional Democracy: $ 72,000,000
Public Health: $ 128,300,000
Global Development: $ 130 million
Climate Change: $ 125,000,000
“Last fall, I asked a team of nonprofit consultants with prominent representation from historically marginalized race, gender and gender identity groups to help me find and assess large-impact organizations for a variety of reasons. Do, “she writes. “In this list, 91% of racial equity organizations are run by leaders of color, 100% of LGBTQ + equity organizations are run by LGBTQ + leaders, and 83% of gender equity organizations are run by women, creating a vibrant experience for solutions. For unbalanced social systems. “The Medium Post has a full list of dozens of nonprofits to which Scott is contributing.
According to the Bloomberg Billionaires Index, Bezos is the wealthiest person in America with assets of more than $ 180 billion even after his divorce. The divorce, reportedly tied to a Bezos, was held by news anchor Lauren Sanchez, giving Scott a quarter of Bezos’ Amazon holdings and immediately giving her the richest American and among the top five richest women in the world Made one.
Despite his wealth, which has risen in recent months as Amazon became a central service provider during the COVID-19 epidemic, Bezos is one of the five richest people in America to be on The Giving Pledge by March 2020 not signed. , business Insider Report.
Bezos’s lack of philanthropic ambition, underlined only by Scott’s transparency and willingness to dedicate his fortune to nonprofits, has been a source of controversy for years. The CEO voted on Twitter in 2017 for recommendations on what should be done with his funds, donated much less than before and mostly poured part of his billions into his rocket venture Blue Origin. The washington post.
From then on, Bezos came out more clearly about his philanthropic plans. Now to fight for homelessness in 2018 and to provide low-income families with education opportunities through their Bezos Day One Fund and a lifetime commitment of $ 10 billion made in February of this year For $ 2 billion. Fund.