""It is these ripple effects that make imagining the power of any of our own acts of kindness impossible," Scott wrote of giving in an Oct. 15 essay published to her Yield Giving site. "Whose generosity did I think of every time I made every one of the thousands of gifts I've been able to give? It was the local dentist who offered me free dental work when he saw me securing a broken tooth with denture glue in college.""
"Since 2020, Scott has reduced her stake by 42%, selling or donating about 58 million shares. The philanthropist is still worth nearly $28 billion today, despite having donated $26 billion through her philanthropic platform Yield Giving, which she founded in 2022. Yield Giving has donated to thousands of organizations, focused on issues including DEI, education, disaster recovery, and more. This fall alone, she donated well over $400 million to several education- and DEI-focused organizations, many of which received the largest gifts in their respective histories."
MacKenzie Scott received roughly a 4% stake in Amazon (about 139 million shares) after her 2019 divorce from Jeff Bezos. Since 2020 she has reduced that stake by 42%, selling or donating about 58 million shares. Scott has donated approximately $26 billion through Yield Giving, founded in 2022, and remains nearly $28 billion in net worth. Yield Giving has distributed funds to thousands of organizations, targeting DEI, education, disaster recovery, and similar causes. This fall she donated over $400 million to education and DEI organizations, often the largest gifts in those organizations' histories. Early college aid and personal experiences inform her giving priorities.
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