MacKenzie Scott, the billionaire philanthropist and former spouse of Amazon founder Jeff Bezos, has seen her fortune shrink by $3.69 billion to date in 2025, as shares of Amazon.com Inc. have dropped greater than 12% yr so far.
Scott, 55, stays one of many largest particular person shareholders of the Seattle-based tech big, holding a 1.3% stake within the firm.
Amazon, which generated $604 billion in income in 2023, has seen its inventory worth decline sharply this yr, falling to $193.06 per share as of Could 10, a 12.33% drop since January. That decline has weighed closely on Scott’s internet price, which Bloomberg now estimates at $36.5 billion, down 9.2% from the beginning of the yr.
- A lot of Scott’s wealth is tied to Amazon, the world’s largest on-line retailer. Her possession stake was a part of the couple’s 2019 divorce settlement, which granted her 25% of the Amazon shares the couple beforehand held collectively.
- On the time, she additionally relinquished her pursuits in The Washington Put up and aerospace firm Blue Origin, and gave voting management of her Amazon shares to Bezos.
- Scott, who was certainly one of Amazon’s earliest staff, performed a hands-on position within the firm’s early days, dealing with accounting and negotiating the agency’s first delivery contracts.
A graduate of Princeton College, the place she studied underneath novelist Toni Morrison, Scott went on to publish two novels earlier than turning her consideration to philanthropy.
Because the divorce, she has emerged as probably the most prolific philanthropists of her technology. Beginning in 2020, Scott started distributing her wealth quickly and with minimal paperwork, usually with out warning.
Thus far, she has introduced greater than $14 billion in charitable donations to instructional establishments, social justice organizations, and neighborhood nonprofits throughout the US.
What to know
In {financial} disclosures, many of those presents at the moment are listed as liabilities towards her internet price, a recognition of how dramatically she has diminished her holdings by philanthropy. These liabilities have been revised downward in recent times to mirror the shrinking measurement of her Amazon stake.
- Scott’s money reserves and personal property are much less clear however are believed to incorporate holdings from the unique divorce settlement, not associated to Amazon. Estimates from Bloomberg incorporate inventory dividends, insider transactions, tax implications, and broader market efficiency.
- Regardless of her immense giving, Scott stays one of many richest girls on the planet. She operates by a restricted legal responsibility firm often known as Misplaced Horse.
Scott beforehand remarried Dan Jewett, a science instructor on the Lakeside College in Seattle. The pair collectively dedicated to the Giving Pledge in 2021, although public stories in 2023 recommended they’d separated.