Connect with us


Billionaire Philanthropist Mackenzie Scott Has Donated $3.8 Billion to 465 Organizations since June



Billionaire Philanthropist Mackenzie Scott

Photo: Evan Agostini

On Wednesday, Mackenzie Scott said on a Medium post that she had donated more than $3.8 billion to 465 organizations since June.

Scott added that her team’s focus in the past nine months was helping underrepresented people from various backgrounds and communities. She also donated to Planned Parenthood locations across the United States and to organizations assisting at-risk children, minorities, and refugees. Her donations also went to rural health access, the post read.

According to a statement from Habitat for Humanity, Scott had recently donated $436 million to the organization, marking her largest known donation to date. She had also given $133.5 million to educational nonprofit Communities in School, the organization said in a previous statement.

“When our giving team focuses on any system in which people are struggling, we don’t assume that we, or any other single group, can know how to fix it. We don’t advocate for particular policies or reforms,” Scott wrote. “Instead, we seek a portfolio of organizations that supports the ability of all people to participate in solutions. This means a focus on the needs of those whose voices have been underrepresented.”

According to Bloomberg Billionaires Index, Scott has an estimated net worth of $55 billion and is well known for her philanthropy and surprise donations. In 2019, Scott also signed the Giving Pledge, a non-binding agreement launched in 2010 by Warren Buffett and Bill and Melinda Gates for billionaires to pledge to give their wealth to those in need.

So far, Scott has given away over $12 billion of her wealth in four rounds, Forbes says.

Scott is the ex-wife of Amazon founder Jeff Bezos.

Founder & Editor-In-Chief of Kivo Daily Magazine