Get All Access for $5/mo

MacKenzie Scott Has Given Away Billions and Just Made a Record-Breaking Donation Following her divorce from Jeff Bezos and a $38.3 billion settlement, Scott became the world's richest woman in September 2020, with an estimated net worth of $60 billion at that time.

By Amanda Breen

Mackenzie Scott, billionaire philanthropist and ex-wife of Amazon founder Jeff Bezos, has donated $133.5 million to education nonprofit Communities In Schools (CIS), CBS News reports.

The donation, the largest unrestricted gift in the organization's history, could help millions of students across the country who have had their lives and educations upended by the Covid-19 pandemic.

According to CIS's website, its staff work in 2,900 schools in 26 U.S. states plus Washington, D.C., bringing communities of support to students and ensuring access to critical resources like food, technology and school supplies, emotional support and more. In the 2020-21 school year, 99% of CIS's students stayed in school for the duration of the academic year, 96% were promoted to the next grade level, and 93% of seniors graduated or recieved a GED.

Related: MacKenzie Scott Pens Essay on Philanthropy, Value of Donations

President and CEO of Communities in Schools Rey Saldaña, who is also an alumnus of the program, told CBS Mornings that he was overjoyed at the news of Scott's generous gift. "It's a once-in-a-lifetime opportunity because you think about all of the work that you can do," he said. "What this allows us to do is really bring community support inside our schools to empower students to not just graduate from school but achieve in life."

Following her divorce from Bezos and a $38.3 billion settlement, Scott became the world's richest woman in September 2020, with an estimated net worth of $60 billion at that time. She has donated billions of her fortune over the years.

In 2020, she gifted over $4 billion to 384 organizations across the U.S. in a four-month period, and she made headlines again in 2021 when she donated another $2.7 billion to 286 organizations on behalf of herself and her husband, Dan Jewett. Some of the organizations that received donations include the Save the Music Foundation, United States Artists, The Freedom Fund and Girls First Fund.

Related: Melinda French Gates, Mackenzie Scott Direct $40 Million to Empower Women

Forbes estimates Scott has a current net worth of $45.5 billion.

Amanda Breen

Entrepreneur Staff

Senior Features Writer

Amanda Breen is a senior features writer at Entrepreneur.com. She is a graduate of Barnard College and received an MFA in writing at Columbia University, where she was a news fellow for the School of the Arts.

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

Side Hustle

At 16, She Started a Side Hustle While 'Stuck at Home.' Now It's on Track to Earn Over $3.1 Million This Year.

Evangelina Petrakis, 21, was in high school when she posted on social media for fun — then realized a business opportunity.

Health & Wellness

I'm a CEO, Founder and Father of 2 — Here Are 3 Practices That Help Me Maintain My Sanity.

This is a combination of active practices that I've put together over a decade of my intense entrepreneurial journey.

Business News

Remote Work Enthusiast Kevin O'Leary Does TV Appearance Wearing Suit Jacket, Tie and Pajama Bottoms

"Shark Tank" star Kevin O'Leary looks all business—until you see the wide view.

Business News

Are Apple Smart Glasses in the Works? Apple Is Eyeing Meta's Ran-Ban Success Story, According to a New Report.

Meta has sold more than 700,000 pairs of smart glasses, with demand even ahead of supply at one point.

Money & Finance

The 'Richest' U.S. City Probably Isn't Where You Think It Is

It's not located in New York or California.

Business News

Hybrid Workers Were Put to the Test Against Fully In-Office Employees — Here's Who Came Out On Top

Productivity barely changed whether employees were in the office or not. However, hybrid workers reported better job satisfaction than in-office workers.