While Jeff Bezos Rides The Stock Market Boom, MacKenzie Scott Has Just Sold $8 Billion In Amazon Shares To Fund Charities Nationwide

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While Jeff Bezos Rides The Stock Market *****, MacKenzie Scott Has Just Sold $8 Billion In

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Shares To Fund Charities Nationwide

While Jeff Bezos Rides The Stock Market *****, MacKenzie Scott Has Just Sold $8 Billion In

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Shares To Fund Charities Nationwide

While

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in the stock market, his ex-wife, MacKenzie Scott, is making news for her generosity. She recently sold another $8 billion worth of

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shares and is using the money to help charities nationwide.

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Scott, who was previously married to Jeff Bezos, the founder of

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, has decided to use her money to try to change the world. Since their 2019 divorce, she has

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of

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shares, making her one of the wealthiest people on the planet. But unlike many other billionaires, she isn’t keeping all that money for herself. Instead, she’s

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, recently selling 11% of her

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shares to support nonprofits, per filings.

Since the divorce, Scott has sold or donated 255 million

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shares, worth about $37 billion. That’s huge, especially since she has done it in less than six years. Instead of holding onto her wealth, Scott focuses on giving back by providing grants to organizations working on education, health, ******** and economic opportunities.

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-backed AI marketing startup went from a $5 to $85 million valuation working with brands like L’Oréal, Hasbro, and Sweetgreen in just three years –

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After graduating from Princeton University, she

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to follow her dream of becoming a writer. She had to take different jobs, like waitressing, just to pay her bills and these hard times taught her what it feels like to struggle with money, which made her want to help others in need.

Some groups that have received her donations include the Housing Trust Silicon Valley, which got $30 million to help make affordable housing and the ******* Vocational Service in Boston, which received $7 million to help families become more financially stable. These donations are just a small part of her giving. Scott has already given more than $17 billion to over 2,300 nonprofits, making her one of the most generous people in the U.S.

See Also: ‘Scrolling Through UBI’ — Deloitte’s #1 fastest-growing software company allows users to earn money on their phones.

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While Jeff Bezos’ net worth keeps growing with

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’s success, Scott’s net worth is shrinking – but that’s her goal. Forbes estimates that her wealth decreased from $59 billion in 2021 to about $30 billion in late September. She pledged to donate as much as she could over her lifetime when she joined The Giving Pledge in 2019.

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#Jeff #Bezos #Rides #Stock #Market #***** #MacKenzie #Scott #Sold #Billion #

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#Shares #Fund #Charities #Nationwide

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