- MacKenzie Scott (formerly MacKenzie Bezos) announced Wednesday that she had donated $1.7 billion to 116 different organizations tackling a variety of social issues.
- By Friday afternoon, the value of her stake in Amazon had grown so much that she is is now richer than she was before the gift, according to CNBC’s Robert Frank .
- Scott, an author by trade, became a billionaire following her 2019 divorce from Amazon CEO Jeff Bezos. Scott received 25% of Bezos’ stake in the e-commerce giant, minus voting control, after helping him found the company in 1997.
- Scott has a net worth of $60.8 billion , per Bloomberg’s latest available estimate.
- The value of Amazon shares has skyrocketed during the pandemic, helping Bezos’ net worth reach new all-time highs , too.
- The $1.7 billion gift is likely only the start of Scott’s philanthropic efforts. She signed the Giving Pledge in 2019 .
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Business InsiderAuthor: Taylor Nicole Rogers Source: Business Insider USA