MacKenzie Scott, an American novelist and philanthropist, has a staggering net worth of $38.4 billion as of 2023. Her wealth, primarily derived from a 4% stake in Amazon, places her as the third-wealthiest woman in the United States and the 47th-wealthiest individual globally.
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Who is MacKenzie Scott?
Born on April 7, 1970, in San Francisco, California, Scott is known not only for her immense wealth but also for her significant contributions to philanthropy and literature.
Early Life and Education
Raised in San Francisco, MacKenzie Scott Tuttle pursued her education in English at Princeton University, where she was a student of Nobel Laureate Toni Morrison. Morrison hailed her as one of her best students, and this early influence greatly shaped Scott’s literary career.
Mackenzie Scott Net Worth
$38.4 billion as of 2023
Philanthropic Works
Scott has been exceptionally generous in her philanthropic efforts. Since 2020, she has donated more than $14.1 billion to over 1,621 charities, focusing on various causes including racial equality, LGBTQ+ equality, democracy, and climate change.
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Donation Practices
Scott’s approach to philanthropy is noteworthy. She often makes unsolicited donations and allows the charities to decide whether to publicize her contributions. This approach emphasizes the impact over the donor, redirecting attention to the causes and organizations she supports.
Amazon
Scott’s association with Amazon dates back to its inception. She was one of the first employees and played a crucial role in the early development of the company, including working on the business plan and shipping early orders.
First Marriage to Jeff Bezos
MacKenzie Scott married Jeff Bezos in 1993, a year before Amazon was founded. They were married for 25 years before announcing their split in 2019. The absence of a prenuptial agreement significantly impacted the financial terms of their divorce.
Divorce Settlement
The divorce settlement with Jeff Bezos was finalized in 2019, granting Scott just under 20 million shares in Amazon, approximately 4% of the company, valued at $35.6 billion at the time.
Second Marriage and Divorce
Scott remarried in 2021 to Dan Jewett, a science teacher, but filed for divorce in September 2022. The divorce was finalized in January 2023.
Real Estate
Scott’s real estate assets include properties acquired from her divorce settlement with Bezos, such as a $24 million home in Beverly Hills and a $37.5 million waterfront property in Medina, Washington. She has also been known to donate significant real estate assets to charity.
Conclusion
MacKenzie Scott’s life story is one of remarkable transformation. From her early days at Amazon to becoming a renowned philanthropist and novelist, her journey is a testament to her commitment to making a meaningful impact on society.
FAQs about MacKenzie Scott
- What is MacKenzie Scott’s net worth?
- $38.4 billion as of 2023.
- What is her background in education?
- She holds a bachelor’s degree in English from Princeton University.
- How much has she donated to charity?
- Over $14.1 billion since 2020.
- What was the outcome of her divorce with Jeff Bezos?
- She received about 4% of Amazon’s shares, valued at $35.6 billion.
- What is her approach to philanthropy?
- Scott focuses on unsolicited, unrestricted donations to various charities, emphasizing the impact over the donor.
