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Mackenzie Scott Net Worth: What Did Jeff Bezos Multi-billionaire Ex Wife Do?
American novelist MacKenzie Scott is also a multi-billionaire, philanthropist, and ex-wife of Jeff Bezos, the founder of Amazon and one of the richest people in the world.
What is Mackenzie Scott’s Net Worth?
American novelist, philanthropist, and activist MacKenzie Scott, formerly MacKenzie Bezos, is from the United States. As per nytimes.com/ MacKenzie Scott’s net worth is $32 billion as of this writing.
Her wealth would be substantially larger if it weren’t for the $6 billion she gave away to charity in just 2020. She has already given more than $12 billion to hundreds of charities throughout the world, and she intends to contribute the great rest of her money during her lifetime.
Mackenzie Scott’s Early Years
MacKenzie Scott Tuttle, who was born in San Francisco, California, in April 1970, spent her formative years in Marin County, just over the Golden Gate Bridge.
Together with her parents, she grew up in the Pacific Heights district of San Francisco. Her mother was a stay-at-home mom, and her father owned an investment advisory business.
Mackenzie Scott Personal Life
Scott and Bezos got a divorce on good terms after 25 years of marriage. The couple has a daughter and three sons. They decided to allow Jeff to retain his voting rights with regard to the shares he divested to her.
.In the summer of 2020, she adopted the name MacKenzie Scott and started her legacy of charity giving, giving $1.7 billion to 116 organizations. Later that year, she gave 400 charities and other organizations a total of $4 billion more.
In 2021, Scott wed Dan Jewitt, a science instructor at Seattle’s Lakeside School for high school students. The divorce was filed on September 26, 2022. The couple has a separation agreement outlining how they would divide their assets, which Jewitt won’t challenge, the New York Times reports.
Meeting Jeff Bezos
MacKenzie relocated to New York following his graduation from Princeton with the goal of becoming a novelist. She obtained employment as an administrative assistant at the hedge fund D.E.
Shaw to help support her way of life till that dream came true. Fellow Princeton alumnus and business senior vice president Jeff Bezos was one of the persons she helped in this role. A wall connected their workplaces.
She finally advanced to a position directly under Bezos as a research associate. After meeting in 1992, Jeff and MacKenzie dated for about three months before getting engaged. In 1993, they got hitched. He was 29 while she was 23.
Around the time of their wedding, Jeff developed a fascination for the nascent “world wide web.” He chose to open an online bookshop since books don’t go bad and don’t need to be tried on or even handled before purchase, according to folklore. Jeff was aware that an online “e-commerce” store could be lucrative.
Jeff received crucial support from MacKenzie in order to pursue his goals. In order for him to pursue his internet goals, they mutually decided in 1994 to leave their comfortable careers and homes in NYC and relocate to Seattle.
As they traveled across America in the Volvo, MacKenzie was the driver, and Jeff was in the passenger seat brainstorming and using a laptop to write his e-commerce business plan.
Jeff and MacKenzie came up with an extensive list of several items that may be offered online. Jeff finally decided on books.
He originally gave the company the moniker Cadabra. Later, he settled on the name Amazon, which was inspired by the Amazon River in South America.
On July 5, 1994, Amazon was established in their Seattle garage. Jeff started out with a $300,000 angel investment from his parents. MacKenzie worked as a secretary and bookkeeper for Amazon.
She also studied novel writing at the University of Washington at this time. After another ten years, MacKenzie finally published her own made-up book, “The Testing of Luther Albright.” Apparently, fewer than 2,000 copies of the book were sold. She published a second book in 2013 with the working title “Traps.”
How Did Mackenzie Scott Increase Her Wealth?
Jeff Bezos and MacKenzie got married a year before he chose to launch Amazon, giving her an early start in their relationship.
While Jeff worked on his Amazon business strategy, MacKenzie recalled driving the car to Washington from across the nation.
MacKenzie and Jeff were wed from 1993 until 2019, and as part of their divorce, she was awarded 20 million shares of Amazon stock.
Following her settlement, MacKenzie decided to sign “The Giving Pledge,” in which she pledges to donate 99% of her wealth before she passes away. In 2020, MacKenzie will have given at least $6 billion to charity. However, the increase in the value of her Amazon stock resulted in her earning an additional $25 billion in 2020.
On July 13, 2020, MacKenzie achieved the title of richest woman in the world when the price of Amazon shares surpassed $3,300 per share.
The following day, the stock fell, and MacKenzie reclaimed second place behind Francoise Bettencourt-Meyers.
Together, Jeff and MacKenzie have four kids, and they are a close-knit family.
When Jeff was still a resident of the household, he used to get up early and have breakfast with the children and MacKenzie before doing the dishes and leaving for work.
Even though they divorced in 2019, they still have a cordial friendship and frequently communicate.
Frequency of Questions
What Amount Did Bezos Give Mackenzie Scott?
Scott Bezos’s 25-year marriage to Bezos ended in divorce, and Forbes.com claims that Scott left their union with 25% of Bezos’s ownership in Amazon or 4% of the company. Scott now ranks 29th among the world’s richest people with a real-time net worth of $37.8 billion.
The Actions of Jeff Bezos’ Ex-wife
MacKenzie Scott has dedicated her attention to philanthropy after divorcing Jeff Bezos in 2019 and has pledged to fulfil the Giving Pledge, which calls for giving away the vast bulk of her money.