His net worth was about $148 billion at the time.Sign-up to our daily newsletter for more articles like this + access to 5 extra articlesSee why nearly a quarter of a million subscribers begin their day with the Starting 5.Here's Where Mackenzie Scott Bezos Donated $1.6 Billion of Her $36 Billion Fortune | U.S.Jeff Bezos and Mackenzie Scott are pictured at the 2018 Vanity Fair Oscar Party in Beverly Hills, California.

She has made donations to historically black … "My own reflection after recent events revealed a dividend of privilege I'd been overlooking: the attention I can call to organizations and leaders driving change," Ms Scott's announcement comes the day before Mr Bezos is scheduled to testify before US lawmakers in Washington. "If the goal was to generate impact... this looks like a pretty good way of doing it. These are external links and will open in a new window Its latest figures, updated on Monday, listed his net worth at more than $180 billion, up at least $66.5 billion since this time last year.Bezos donated $100 million to non-profit organization Feeding America, which comprises a network of more than 200 food banks nationwide, soon after the onset of the U.S. virus outbreak. In Tuesday's update, she said those areas are: racial equity, LGBTQ+ equity, gender equity, economic mobility, empathy and bridging divides, functional democracy, public health, global development and climate change.Organizations whose pursuits focus on racial equity received the largest fraction of Scott's donations, totaling more than $500 million. Scott’s gift quadruples what was previously Howard’s largest-ever single donation, a $10 million gift from the Karsh Family Foundation in January to expand a … The hearing is part of a wider investigation into the power held by tech giants, including Amazon, Google and Facebook.Amazon in particular has been under fire in recent months, including from its own staff, over its environmental record and coronavirus safety measures. Those focusing on issues related to economic mobility received close to $400 million, the second-highest sum.Following up on the commitment I made last year to give away the majority of my wealth in my lifetime: Scott said she selected the 116 organizations listed with help from a team of advisors "with key representation from historically marginalized race, gender, and sexual identity groups," who provided insight into groups effecting significant change.More than 80 percent of gender equity groups that received donations are operated by women, more than 90 percent of racial equity groups are operated by leaders of color, and all LGBTQ groups are operated by LGBTQ leaders.

Six historically Black colleges and universities received eight-figure donations all thanks to philanthropist Mackenzie Scott. "And every one of them would benefit from more allies looking to share wealth of all types and sizes, including money, volunteer time, supplies, advocacy, publicity, networks and relationships, collaboration, encouragement, and trust. The online giant has faced calls to be broken up, Mr Bezos, the richest man in the world, has also been subject to personal criticism for not giving away more of his wealth.He has not joined the Giving Pledge. It commits the wealthy to give away the majority of their fortunes to charity.Ms Scott said she had "watched the first half of 2020 with a mixture of heartbreak and horror" and was providing an update on the donations to draw attention to the causes during the coronavirus pandemic. Other causes included gender equality, global development and LGBTQ equality.The list of organisations includes those linked to former US presidents Barack Obama and George W Bush, the labour advocacy group One Fair Wage, and other non-profits such as Black Girls Who Code.The $20m gift to Tuskegee University, a historically black college, is the largest in the school's history, president Lily McNair said. Following Bezos' announcement about the donation in April, many pointed out that the sum accounted for less than 1 percent of his fortune, according to CNBC. "The donations come at a time of need as many charities are seeing a spike in demand due to the pandemic as gifts from smaller donors are declining, Prof. Mittendorf said.The list of recipients suggests Ms Scott is trying to address root causes of inequality and racial injustice - priorities that are "more typical" of female than male donors, said Una Osili, a professor of economics and philanthropic studies at Indiana University's Lily School of Philanthropy.

MacKenzie Scott, the philanthropist ex-wife of Amazon billionaire Jeff Bezos, gifted Tuskegee University $20 million on Tuesday, the largest donation in … MacKenzie Scott, formerly Bezos, says she has given away $1.7 billion of her wealth so far All of the schools' presidents expressed their gratitude for the donation. Bezos, the richest person in the world, was one of several hundred U.S. billionaires to In June, Bloomberg's Billionaires Index showed his net worth jump $13 billion in 24 hours, the largest single-day increase reported by the index since its introduction in 2012. MacKenzie Scott with ex-husband Jeff Bezos prior to their split

"Scott published details about her expanded donation efforts as her ex-husband's net worth continues to increase. "Every one of them is tackling complex challenges that will require sustained effort over many years, while simultaneously addressing consequences of the COVID-19 pandemic," Scott wrote on Tuesday. As well as Ms Scott, other signatories include Facebook founder Mark Zuckerberg and wife Priscilla Chan, Elon Musk and eBay founder Pierre Omidyar and wife Pam.Ms Scott said she had given more than $586m to racial justice organisations and $399.5m to groups aimed at advancing economic mobility. Scott, the ex-wife of Amazon's Jeff Bezos, granted millions of …