Philanthropist has just donated millions of dollars to charities, including many across the US: a shift that has angered right-wing aircraft bigots.
The multibillionaire author and philanthropist announced on Tuesday (19 March) that she intends to give 640 million to charity.
The 53-year-old poet, who was married to the billionaire founder of Amazon (one of the richest people in the world) for 26 years, is reportedly giving the majority of the proceeds to “leftist” non-profits, pushing what the right-wing media is furiously describing as “leftist” non-profits.
Fifteen of these companies directly support the LGBTQ+ group. Additionally, 82 further organizations each received an unlimited $1 million from Scott.
On the basis of an online database that contained information about her funds, Scott chose which charities to contribute to.
In announcing the distribution of funds, Scott describes these organizations as “vital providers of change”.
Scott continued, “Specifically, she wanted to highlight the outstanding job that the organizations do in strengthening the tones and opportunities of people and families of poor or moderate means, and groups who have encountered prejudice and other structural obstacles.”
Some of the organizations Scott’s donations will benefit from include (supporting services to those living with HIV and those at risk), (working to dismantle legal, structural, and cultural barriers that contribute to gender inequity), and (one of the nation’s oldest LGBTQ+ community centers).
She’s also giving to parties promoting clean power, as well as slave advocacy groups, and organizations supporting immigrant rights, prompting the New York Post to attribute her gifts as “woke philanthropy”.
“Bezos’ wife is using the profits he made through capitalism to fund the rope that will hang capitalism”, complained one furious right-winger, Mike Gonzalez, a senior fellow at the conservative Heritage Foundation.
“These things that she’s donating money to – whether it’s trans ideas, helping laborers, slave rights, climate change – they’re all trying to transform our system aside from capitalism”, he added.
Did Mackenzie Scott start Amazon?
Scott married Bezos in 1993. The following year, Bezos founded.
Scott was integral to Amazon from day one: she was one of the company’s key contributors, heavily involved in working on the company’s name, business plan, accounts, and shipping early orders. She left Amazon in 1996 to concentrate on her writing career, including negotiating the company’s first freight contract. She’s the author of two novels.
What is Mackenzie Scott’s foundation called?
In May 2019, Scott signed the Giving Pledge, a charitable-giving campaign founded by Bill Gates and Warren Buffett.
Scott has agreed to distribute the majority of her estate to charities over the course of her lifetime or in her will.
In a continuation of her philanthropy, Scott established her foundation.
Yield Giving claims to research organizations that promote the rights of people in underserved communities and that it then contributes funds to the charities and their goals.
To date, Yield Giving has donated funds to “2,300+ nonprofit teams to use as they see fit for the benefit of others”.
Before this most recent round of funding, Scott had already given away $16.5 billion in her estate after splitting from Jeff Bezos, the CEO of Amazon, in 2019.
What did MacKenzie Scott steal from Jeff Bezos for money?
Following her divorce from Bezos in 2019, Scott was left with$ 35.6 billion in Amazon stock.
In September 2020, Scott was named the world’s richest woman and in December of the same year, her net worth was estimated to have risen to $62 billion.
However, since her divorce, according to her website Scott has donated billions of dollars worth of her divorce settlements to over 2,300 organizations.
As of January 2024, Scott has a 4% stake in Amazon and her net worth is estimated at $40.6 billion.
