MacKenzie Scott donates $2.7B, cites fortune 'enabled by systems in need of change'

Scott, the ex-wife of Amazon founder Jeff Bezos, said she is troubled by the increasing concentration of wealth among a small proportion of individuals.

6/16/2021 12:06:00 AM

MacKenzie Scott, billionaire philanthropist and ex-wife of Jeff Bezos, donates $2.7 billion to charity, citing fortune ‘enabled by systems in need of change’

Scott, the ex-wife of Amazon founder Jeff Bezos, said she is troubled by the increasing concentration of wealth among a small proportion of individuals.

The Associated PressMacKenzie Scott, the billionaire philanthropist known for her impromptu multibillion-dollar donations to charities and racial equity issues, announced Tuesday that she has given $2.7 billion to 286 organizations.Scott, the ex-wife of Amazon founder Jeff Bezos, wrote in a Medium post that she made the gifts to enable the organization to continue their work, and as a “signal of trust and encouragement” to them and others.

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It is the third round of announcements Scott has made regarding her philanthropy, which values quick response and unrestricted donations that as an individual rivals the largest of foundations. In 2020, she made two similar surprise announcements where she donated about $6 billion to Covid relief, gender equity historically Black colleges and universities and other schools.

Scott's philanthropy rivals the largest of foundations. Last year, she donated $6 billion.Scott made clear in her announcement Tuesday that she is troubled by the increasing concentration of wealth among a small proportion of individuals. She said she worked with a team of researchers and philanthropy advisers “to give away a fortune that was enabled by systems in need of change.” headtopics.com

“In this effort, we are governed by a humbling belief that it would be better if disproportionate wealth were not concentrated in a small number of hands, and that the solutions are best designed and implemented by others,” she continued.“Though we still have a lot to learn about how to act on these beliefs without contradicting and subverting them, we can begin by acknowledging that people working to build power from within communities are the agents of change.”

The list of her recipients varied, from universities to refugee resettlement groups, to arts and culture organizations that have suffered from a drop in giving as donors focused on more urgent needs brought on by the coronavirus pandemic. Read more: NBC News »

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Deregulation, and a dismantled tax system and global corruption enabled Bezos to amass the fortune. Legalized corruption is now the law of the land, and even though we had a deadly global pandemic, not much thought is given to improving the situation. I can tell you this young woman has a beautiful heart of gold, God Bless You!

Is this a hypocrisy named charity? Ya know, I don’t care who you are - when you give away, repeat give an amount that in the BILLIONS - you are truly giving big bucks. I believe (just my opinion) that any person that has billions should feel obligated to give big bucks to people in need. Does she mean divorce or Amazon as the systems in need of change?

If only her ex felt the same way. What an Amazing Person She Is! May she continue to be blessed.❤️❤️❤️❤️❤️❤️❤️ 😃🏹💐❤️ How many Americans could she help get into their own homes? How mortgages could she pay off? Just a suggestion… Pick me! Pick me! 💴👍 Donate vaccine to poor countries, Mackenzie.

MacKenzie Scott is giving away another $2.74 billionMacKenzie Scott and her husband Dan Jewett donated $2.74 billion to organizations that focus on the arts and combating racial discrimination. The settlement from Scott's 2019 divorce from Amazon CEO Jeff Bezos made her one of the world's richest people. Kindly hit the follow button 🔘🔘🔘 247_pills I promise to follow back You can unfollow me if you don't get a follow back within 60 seconds Try me and see ✅✅✅✅✅✅✅✅✅ No Cap 🧢🧢🧢 Why does she look like Jeff Bezos? Giving a large amount of money to the arts like that is not necessary. They'll get plenty of money from other rich people. A large chunk of that money could went to more social programs to help folks

Why didn't she just write a $100,000 check to everyone that sent her their name and address..... that would distribute her wealth nicely Send me some Mackenzie I need some help!! Nice woman. But the masses shouldn't have to rely on generous billionaires with a conscience. I'm glad she gets it. Huge concentrations of wealth undermine democracy.

Let's turn it into a one party communist dictatorship Erryday is supermarket sweep at the Scott house We are proud that BOMAProject was recognized in this round of giving from MacKenzie Scott! This gift will allow BOMA to accelerate and expand its work across Africa to reach millions of women and families living in extreme poverty.

Help a brotha out donate to my fund to buy a house lol I wish I was part of the problem. She has a beautiful heart ❤️ What a difference from her X 😏

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Nice move, really, how much money do you need!?! “In this effort, we are governed by a humbling belief that it would be better if disproportionate wealth were not concentrated in a small number of hands, and that the solutions are best designed and implemented by others...' Kind. So giving. Thank you For all those who are new to this working from home Bitcoin trading options Here's a little tip: Get a trusted Bitcoin expert and stick to him GeorgeLinf32 Invest and play at similar times each day. Because : In times of chaos, your investment is your anchor to success⚖️

Lady if got 50 G you wanna donate that alone would help too reach my American dream are half that I'm not greedy

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