Mackenzie Scott Biography:- Amazon, Jeff Bezos, Net worth, Husband, Donation, Foundation, Forbes, Billionaires, Age

 MACKENZIE SCOTT

Mackenzie Scott

Mackenzie Scott is an American novelist and philanthropist who was born on April 7, 1970, in San Francisco, California, United States, to Holiday Robin, a homemaker, and Jason Baker Tuttle, a financial planner . She has two brothers. She was named after her maternal grandfather, G. Scott Cuming, who worked as an executive and general counsel at El Paso Natural Gas. As of September 2022, she has a net worth of US$33.4 billion due to a 4% stake in Amazon, a company founded by her ex-husband Jeff Bezos. As such, Scott is the third richest woman in the United States and the 21st richest person in the world. Scott was named one of the most powerful women in the world by Forbes in 2021 and one of Time's 100 Most Influential People of 2020.

Mackenzie Scott is an American novelist and philanthropist who was born on April 7, 1970, in San Francisco, California, United States, to Holiday Robin, a homemaker, and Jason Baker Tuttle, a financial planner . She has two brothers. She was named after her maternal grandfather, G. Scott Cuming, who worked as an executive and general counsel at El Paso Natural Gas. As of September 2022, she has a net worth of US$33.4 billion due to a 4% stake in Amazon, a company founded by her ex-husband Jeff Bezos. As such, Scott is the third richest woman in the United States and the 21st richest person in the world. Scott was named one of the most powerful women in the world by Forbes in 2021 and one of Time's 100 Most Influential People of 2020.

CAREER

ü Early education and  life:-

        I.            Schooling:- In 1988, she graduated from Hotchkiss School in Lakeville, Connecticut.

·         She remembers seriously writing at the age of six, when she wrote The Book Worm, a 142-page book, which was destroyed in a flood.)

     II.            Graduation:-In 1992, Tuttle earned her bachelor's degree in English at Princeton University,

·         where she studied under the Nobel Laureate in Literature Toni Morrison, who described Tuttle as "one of the best students I've ever had in my creative writing classes".

·         She also worked as a research assistant to Morrison for the 1992 novel Jazz.

ü Career in Literary:-

·         In 2005, Scott wrote his first novel, The Tasting of Luther Albright, for which he won an American Book Award in 2006.

·         It took her ten years to write as she was helping Bezos build Amazon, and during that time she gave birth and raised three children.

·         His former teacher Toni Morrison reviewed the book as "a rarity: a sophisticated novel that breaks hearts and is hilarious". His second novel, Traps, was published in 2013 and began with a quote from Shakespeare's play As You Like It: "Sweet is the use of adversity which, like the toad, are ugly and venomous, yet wear a precious jewel. His head."

Personal life:-

Marriage:-Scott was married to Jeff Bezos, founder of Amazon and Blue Origin, from 1993 to 2019.

·         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.They have four children: three sons and one daughter. Their daughter is adopted from China.

·         Their community property divorce in 2019 left Scott with US$35.6 billion in Amazon stock while her former husband retained 75% of the couple's Amazon stock. She became the third-wealthiest woman in the world and one of the wealthiest people overall in April 2019. In July 2020, Scott was ranked the 22nd-richest person in the world by Forbes with a net worth estimated at $36 billion. By September 2020, Scott was named the world's richest woman, and by December 2020, her net worth was estimated at $62 billion.

Social Work and Philanthropy:-

§  In May 2019, Scott signed the Giving Pledge, a charitable campaign in which he has pledged to donate most of his wealth to charity during his lifetime or in his will.

 

§  In a July 2020 Medium post, Scott announced that he had donated $1.7 billion to 116 nonprofits with a focus on racial equality, LGBTQ+ equality, democracy and climate change. His gifts to HBCUs, Hispanic-serving institutions, tribal colleges and universities, and other colleges total more than $800 million. In December 2020, less than six months later, Scott said he had donated a further $4.15 billion over the past four months to 384 organizations, including those affected by the economic impact of the COVID-19 pandemic. The focus was on providing and addressing support.

 

§  Long-term systemic inequalities. She said that after July, she wanted her advisory team to give her money fast, as the United States grapples with the unprecedented impact of COVID-19 while the wealth of billionaires continues to climb. The focus of his team is to "identify organizations with strong leadership teams and outcomes, operating in communities experiencing high perceived food insecurity, high measures of racial inequality, high local poverty rates and low access to philanthropic capital. " “But it was. Scott's 2020 charity donations totaled $5.8 billion, the largest annual distribution to a charity worked by a private individual.

 

§  On June 15, 2021, Scott announced a further $2.7 billion to 286 organizations. Forbes reported that Scott donated $8.5 billion to 780 organizations in this one year from July 2020 to July 2021. In June 2021, Scott and Melinda French Gates launched the Equality Can't Wait Challenge, a competition to promote gender equality and expand power. The impact of women in the United States by 2030. The four winners received $10 million each, and an additional $8 million was divided between the two finalists.

 

§  In February 2022, nine organizations announced gifts totaling $264.5 million from Scott. On March 23, 2022, more gifts were announced, including $436 million to Habitat for Humanity and $275 million to Planned Parenthood. In May 2022, The Big Brothers Big Sisters Foundation reported a donation of $122.6 million from Mackenzie Scott. Scott also donated to organizations outside the United States such as Kenya, India, Brazil, Micronesia and Latin America. In April 2022, The New York Times reported that Scott's donations have exceeded $12 billion since 2019.

 

 

Forbes reported,- "The exception being the unrestricted and ultimately more trusting nature of Scott's philanthropy, his philanthropy and social work setting a new paradigm in the world." The New York Times noted that "Ms. Scott has turned traditional philanthropy on its head ... she turns the money quickly and without much ado, Ms. Scott has diverted attention from the mediator, and nonprofits." But, she is trying to help. The challenges will be knowing best how to put the money to good use."

 

Books and essays:-

§  The Testing of Luther Albright. Fourth Estate. 2005.

 

§  Traps Knopf 2013.

 

 

§  116 Organizations Driving Change. Medium. 2020.

§  384 Ways to Help. Medium. 2020.

§  Seeding by Ceding. Medium. 2021