By our count, McKenzie Bezos is currently the 18th richest person in the world with assets of $ 61 billion. Thanks to Amazon’s soaring stock price, which was founded by her ex-husband Jeff Bezos (currently the richest person on the planet), McKenzie’s net worth has increased by $ 23 billion since January 1. At the same time, Jeff’s total assets have grown from $ 70 billion to $ 115 billion to $ 185 billion. McKenzie has been the richest woman on the planet several times in 2020. Today that honor is to François Bettencourt Meyers, who is the successor to the French cosmetics group ‘L’Oréal. Unfortunately I don’t think we will see McKenzie’s ranking rise any time soon. Not because we predict that Amazon’s stock is about the tank, because McKenzie is clearly determined to deliver his entire fortune as soon as possible.
Do not believe me?
McKenzie has given $ 4.2 billion in the last four months alone.
As a quick refresher, Jeff and McKenzie married a year before the founding of Amazon.com. They married from 1993 to 2019. They finalized their divorce after four months. The end result was McKenzie was given 20 million shares of Amazon, which was about 1/4 of his former holdings. At the time of the settlement, those shares were valued at $ 35 billion. As we already mentioned, those shares are valued at around $ 61 billion today.
Upon receiving the agreement, McKenzie vowed… and I bid…:
“…Give most of my money back to the society that helped generate it, to do it thoughtfully, to start soon, and to keep it until it is safe.“
A lot of billionaires make similar grand statements about their plans to donate large portions of their fortune. The keyword “finally”. As in, at the end of his life. Or literally after their life ends, which may very well be decades later for an entrepreneur in their 40s or 50s.
He is now being called as McKenzie Bezos, or McKenzie “Scott” (Scott is not his first name, it is his birth middle name. His birth last name is “Tuttle”. I think I read that ” Scott “) was the first name. One of her grandfathers … “) is clearly determined to buck the tendency to” eventually “donate her fortune.
On July 28, McKenzie posted a Medium Peace, in which he revealed $ 1.675 billion in donations to dozens of charitable organizations focused on historically marginalized groups, notably those of racial equity, gender equity, climate change and public health There are 9 major areas falling.
Earlier today, McKenzie posted a new Medium Peace in which he revealed that he has donated $ 4.2 billion in the last four months. It does not include the $ 1.67 billion mentioned earlier. She donated all $ 6 billion since the end of July, but today’s announcement reveals $ 4.158 billion in entirely new donations made in the last four months.
In all 50 states, Washington DC and Puerto Rico, $ 4.2 billion has been donated to 384 organizations. Organizations include food banks, YMCA, support services for the most vulnerable, debt relief, employment training, historically black colleges and more. He reported that his financial team initially identified about 7,000 organizations, then narrowed the list to 384. As to how he went down the list, McKenzie explained:
“After my post in July, I asked a team of advisors to help speed up my 2020 through immediate assistance to those suffering from the economic effects of the crisis. He also provided data to identify organizations with strong leadership teams and outcomes with people active in communities facing high food insecurity, high measures of racial inequality, high local poverty rates, and low access to philanthropic capital. -Added approach …
To select these 384s, the team sought suggestions and perspective from hundreds of field experts, funerals and nonprofit leaders and volunteers with decades of experience. We incorporated this collaborative knowledge base into a collaboration that included hundreds of email and phone interviews, and thousands of pages of data on community needs, program outcomes, and how each nonprofit could absorb potential and use funds effectively Analysis included. “