HomeNewsTrendsJeff Bezos’ ex-wife MacKenzie Scott donates $2.7 billion to 286 groups citing wealth gap

Jeff Bezos’ ex-wife MacKenzie Scott donates $2.7 billion to 286 groups citing wealth gap

It is the third round of major philanthropic gifts MacKenzie Scott has made, which together rival the charitable contributions made by the largest foundations.

June 15, 2021 / 22:20 IST
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(Image: Reuters)
(Image: Reuters)

Billionaire philanthropist MacKenzie Scott reveals she's donated an additional $2.74 billion to 286 organisations stating the unfairness of American inequality as the reason.

“We are all attempting to give away a fortune that was enabled by systems in need of change,” Amazon founder Jeff Bezos' ex-wife wrote in a Medium post. “In this effort, we are governed by a humbling belief that it would be better if disproportionate wealth were not concentrated in a small number of hands, and that the solutions are best designed and implemented by others."

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It is the third round of major philanthropic gifts Scott has made, which together rival the charitable contributions made by the largest foundations.

Through the post, Scott said that she is troubled by the increasing concentration of vast wealth among a small proportion of individuals. She worked with a team of researchers and philanthropy advisors “to give away a fortune that was enabled by systems in need of change.”