MacKenzie Scott

MacKenzie Scott
Born
MacKenzie Scott Tuttle

(1970-04-07) April 7, 1970 (age 50)
EducationPrinceton University (BA)
Occupation
  • Novelist
  • Philanthropist
Net worthUS$62. 2 billion (December 2020)
Spouse(s)
(m. 1993; div. 2019)
Children4
AwardsAmerican Book Award (2006)

MacKenzie Scott (née Tuttle, formerly Bezos; April 7, 1970)[1][2] is an American novelist, billionaire, and venture philanthropist. She has served as the executive director of Bystander Revolution, an anti-bullying organization she founded, since 2014.

Born and raised in San Francisco, California, Scott graduated from Princeton University in 1992 where she studied under writer Toni Morrison. After graduating, she worked for D. E. Shaw, a quantitative hedge fund in New York, as an administrative assistant from 1992 to 1994. Scott wrote her debut novel, The Testing of Luther Albright, eleven years later, in 2005, for which she won an American Book Award in 2006.

Scott was married to Jeff Bezos, founder of Amazon and Blue Origin, from 1993 to 2019. The couple's divorce made her the third-wealthiest woman in the world and one of the world's wealthiest people by April 2019.[3][4] In June 2020, Forbes magazine named Scott the 22nd richest person in the world, largely due to her $38 billion divorce settlement.[5] A month later, she signed the Giving Pledge, committing to give at least half of her wealth to charity.[6] In July 2020, Scott was ranked the 22nd-richest person in the world by Forbes with a net worth estimated at $36 billion.[7] By September 2020, Scott was named the world's richest woman; by December 2020 her net worth was estimated at $62 billion.[8][9] During the course of 2020, Scott has donated over 6 billion dollars to philanthropic causes.

Scott is included in Time magazine's 100 Most Influential People of 2020.[10]

Early life and career

MacKenzie Scott Tuttle was born on April 7, 1970, in San Francisco, California. Her father was a financial planner.[11] In 1988, she graduated from Hotchkiss School in Lakeville, Connecticut.[12] Tuttle earned her bachelor's degree in English at Princeton University with highest honors in 1992.[4] She studied under writer Toni Morrison, who said Tuttle was "one of the best students I've ever had" in her creative writing classes.[11]

After graduating, she worked for D. E. Shaw, a quantitative hedge fund in New York, as a recruiter and a writer from 1992 to 1994. There, she worked for Jeff Bezos, then a senior vice-president, as a research associate.[13] She was an accountant at Amazon for a year after it was founded in 1994.[14] MacKenzie wrote her debut novel, The Testing of Luther Albright, eleven years later, in 2005, for which she won an American Book Award in 2006. Her second novel, Traps, was published in 2013.

In 2014, MacKenzie founded Bystander Revolution, an anti-bullying organization, where she serves as executive director.[15]

Personal life

MacKenzie Scott (fifth from left) at the 2016 naturalization ceremony for her daughter.

MacKenzie was married to Jeff Bezos, founder of Amazon and Blue Origin, from 1993 to 2019.[16][17] She met him while working as his assistant at D. E. Shaw in 1992; after three months of dating in New York they married and moved to Seattle, Washington, in 1994.[4] They have four children: three sons and one daughter adopted from China.[18] Their communal property divorce in 2019 left MacKenzie with US$35.6 billion in Amazon stock while her ex-husband retained 75% of the couple's Amazon stock.[4] She became the third-wealthiest woman in the world and one of the wealthiest people overall in April 2019.[3][4] MacKenzie kept her last name instead of reverting to her maiden name, Tuttle,[19] but later began going by the name MacKenzie Scott, with the surname derived from her middle name.[2]

Philanthropy

In May 2019, she signed the Giving Pledge, a charitable giving campaign in which she willingly committed to give away most of her wealth to charity over her lifetime or in her will, though her pledge is legally non-binding.[20] In July 2020, Scott announced she had donated $1.7 billion to 116 non-profit organizations, with a focus on racial equality, LGBTQ+ equality, democracy, and climate change.[21] Two of these organizations were the traditionally black universities Morehouse College and Howard University.[22] In December 2020, Scott announced she had donated a further $4.15 billion in the previous four months to 384 organizations, with a focus on providing support to people affected by the economic impact of the COVID-19 pandemic and addressing long-term systemic inequities.[23]

Altogether, her 2020 charitable giving totaled $5.8 billion.[24]

Books

  • The Testing of Luther Albright. Fourth Estate. 2005. ISBN 978-0-00-719287-8.[25]
  • Traps. Knopf. 2013. ISBN 978-0-307-95973-7.[26]

See also

References

  1. ^ Trotter, J.K. (January 22, 2019). "What we know, and don't know, about Jeff Bezos' religious beliefs". Insider. Retrieved February 12, 2020. ...marriage of Jeffrey Preston Bezos and MacKenzie Scott Tuttle.
  2. ^ a b Statt, Nick (July 28, 2020). "MacKenzie Scott has already donated nearly $1.7 billion of her Amazon wealth since divorcing Jeff Bezos". The Verge. Retrieved July 28, 2020.
  3. ^ a b Schleifer, Theodore (April 4, 2019). "MacKenzie Bezos, with $35 billion, is now the world's third-wealthiest woman". Recode. Archived from the original on April 25, 2019. Retrieved April 4, 2019.
  4. ^ a b c d e Bromwich, Jonah Engel; Alter, Alexandra (January 12, 2019). "Who Is MacKenzie Bezos?". The New York Times. ISSN 0362-4331. Archived from the original on June 13, 2020. Retrieved May 31, 2020.
  5. ^ Valinsky, Jordan. "Jeff Bezos tops Forbes list of billionaires, again". CNN. Archived from the original on June 3, 2020. Retrieved June 3, 2020.
  6. ^ Gren, Christy (May 29, 2019). "MacKenzie Bezos Signs The Giving Pledge and Pledges to give Half Her Fortune". Industry Leaders Magazine. Archived from the original on July 13, 2019. Retrieved July 13, 2019.
  7. ^ "MacKenzie Scott". Forbes. Retrieved September 29, 2020.
  8. ^ Kulish, Nicholas (December 16, 2020). "MacKenzie Scott Announces $4.2 Billion More in Charitable Giving". The New York Times. ISSN 0362-4331. Retrieved December 16, 2020.
  9. ^ Business, Jazmin Goodwin, CNN. "MacKenzie Scott has become the world's richest woman". CNN. Retrieved September 10, 2020.
  10. ^ "MacKenzie Scott: The 100 Most Influential People of 2020". Time. Retrieved September 23, 2020.
  11. ^ a b Johnson, Rebecca (February 20, 2013). "MacKenzie Bezos: Writer, Mother of Four, and High-profile Wife". Vogue. Archived from the original on February 20, 2017. Retrieved August 23, 2013.
  12. ^ "Alumni Award: Previous Recipients". The Hotchkiss School. 2004. Archived from the original on March 10, 2015. Retrieved March 8, 2015.
  13. ^ Sumagaysay, Levi (November 5, 2013). "Quoted: She Said, He Said – MacKenzie Bezos Vs. Author Of Book On Amazon". SiliconBeat. The Mercury News. Archived from the original on November 13, 2013. Retrieved November 13, 2013.
  14. ^ Dastin, Jonathan Stempel, Jeffrey (January 9, 2019). "Amazon CEO Jeff Bezos and wife MacKenzie to divorce". Reuters. Retrieved December 18, 2020.
  15. ^ "Bystander Revolution". Archived from the original on February 14, 2015. Retrieved April 21, 2015.
  16. ^ Bayers, Chip (March 1999). "The Inner Bezos". Wired. Vol. 7 no. 3. Archived from the original on August 31, 2013. Retrieved August 23, 2013.
  17. ^ Snider, Mike (January 9, 2019). "Amazon CEO Jeff Bezos and wife MacKenzie to divorce after 25 years of marriage". USA Today. Archived from the original on January 9, 2019. Retrieved January 9, 2019.
  18. ^ "Jeff Bezos Fast Facts". CNN. 2019. Archived from the original on December 12, 2018. Retrieved January 9, 2019.
  19. ^ "Jeff Bezos to keep 75 percent of couple's Amazon stock after finalizing divorce". CNBC. Archived from the original on April 4, 2019. Retrieved March 4, 2019.
  20. ^ Schleifer, Theodore (May 28, 2019). "MacKenzie Bezos signed the philanthropic commitment her ex-husband spurned". Vox. Archived from the original on May 27, 2020. Retrieved May 31, 2020.
  21. ^ Iyengar, Rishi (July 28, 2020). "MacKenzie Scott, formerly Bezos, says she has given away $1.7 billion of her wealth so far". CNN Business. Retrieved July 28, 2020.
  22. ^ "Use ancestry or ZIP code—not race—when considering a patient's risk factors, AMA says". FierceHealthcare. Retrieved December 4, 2020.
  23. ^ Kulish, Nicholas (December 16, 2020). "MacKenzie Scott Announces $4.2 Billion More in Charitable Giving". The New York Times. ISSN 0362-4331. Archived from the original on December 16, 2020. Retrieved December 16, 2020.
  24. ^ Dolan, Kerry A. "Mackenzie (Bezos) Scott Announces She's Donated $4.1 Billion To 384 Groups In Recent Months". Forbes. Retrieved December 16, 2020.
  25. ^ Bezos, MacKenzie; Sutherland, Brian (2013). The Testing of Luther Albright (Unabridged ed.). Brilliance Audio. ISBN 978-1480569157.
  26. ^ Bezos, MacKenzie (2013). Traps. New York: Vintage. ISBN 978-0307950291. Archived from the original on December 17, 2019. Retrieved September 7, 2019.

Further reading

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