Ending Soon! Save 33% on All Access

MacKenzie Scott, Formerly Bezos, Donates Another $2.7 Billion: 'Generosity Is Generative' Scott shared that she had donated the money to over 286 organizations on behalf of herself and husband, Dan Jewett.

By Emily Rella

Michael Kovac | Stringer | Getty Images

Following a very public divorce and $38.3 billion settlement from billionaire and Amazon founder Jeff Bezos in 2019, MacKenzie Scott became the world's richest woman in September 2020, with an estimated net worth of more than $60 billion at the time.

Scott has been known for her charitable initiatives and donations totaling over $6 billion to select nonprofits after signing Bill Gates and Warren Buffett's The Giving Pledge, which encourages the wealthiest in the world to commit to donating a vast majority of their wealth throughout their lifetimes.

A whopping $410 million of that amount was donated to historically black colleges in December 2020 alone. And it looks like her number of charitable donations just increased by another astounding $2.7 billion.

Related: MacKenzie Bezos Just Pledged to Give Away Half Her $37 Billion Fortune During Her Lifetime

Announced through a Medium post, Scott shared that she had donated an astounding amount of money to over 286 organizations on behalf of herself and new husband Dan Jewett.

"Because community-centered service is such a powerful catalyst and multiplier, [Dan and I] spent the first quarter of 2021 identifying and evaluating equity-oriented non-profit teams working in areas that have been neglected," Scott penned. "The result was $2,739,000,000 in gifts to 286 high-impact organizations in categories and communities that have been historically underfunded and overlooked."

Scott cited supporting organizations that fight against "discrimination against ethnic and religious minorities" as well as "2- and 4-year institutions successfully educating students who come from communities that have been chronically underserved," with an overall emphasis on "disproportionate wealth" and supporting women.

Related: These Are The Ten Richest Women In The World In 2021

"These are people who have spent years successfully advancing humanitarian aims, often without knowing whether there will be any money in their bank accounts in two months," Scott wrote of the organizations that she and Jewett to support. "We believe that teams with experience on the front lines of challenges will know best how to put the money to good use, we encouraged them to spend it however they choose."

Some of the organizations that received donations include the Save the Music Foundation, United States Artists, The Freedom Fund and Girls First Fund.

"Generosity is generative," Scott said. "Sharing makes more."

Scott is currently the third richest woman in the world with an estimated net worth of $59.8 billion.

Related: These Are The Americans Who Donated The Most In 2020

Emily Rella

Entrepreneur Staff

Senior News Writer

Emily Rella is a Senior News Writer at Entrepreneur.com. Previously, she was an editor at Verizon Media. Her coverage spans features, business, lifestyle, tech, entertainment, and lifestyle. She is a 2015 graduate of Boston College and a Ridgefield, CT native. Find her on Twitter at @EmilyKRella.

Want to be an Entrepreneur Leadership Network contributor? Apply now to join.

Business News

TikTok Reportedly Laid Off a 'Large Percentage' of Employees as the App's Fate in the U.S. Remains Unclear

Laid-off TikTok employees were notified Wednesday night through Thursday morning.

Personal Finance

This Investment Bundle Includes a Trading Course and Stock Screener Tool for $150

Approach the stock market with an increased understanding.

Business News

Four Seasons Orlando Responds to Viral TikTok: 'There's Something Here For All Ages'

The video has amassed over 45.4 million views on TikTok.

Growing a Business

5 Strategies to Know As You Scale Your Business

Scaling a service-based company requires a comprehensive approach that goes beyond simply increasing revenue. It requires careful planning, strategic decision-making and a deep understanding of market dynamics.

Growing a Business

The Right Way to Ask Someone for a Million Dollars, According to a Fundraiser Who Does It For a Living

No matter what you're raising money for, Wanda Urbanskia says, the same basic rules apply.