Mackenzie Scott sold Amazon shares worth one billion dollars
Mackenzie Scott, ex-wife of US e-commerce giant Amazon founder Jeff Bezos, sold a large stake in the company last year. In 2023, he sold 65.3 million or 65.3 million shares of Amazon. At the current market price, this share is worth 10 billion or 1 billion dollars.
Mackenzie divorced Jeff Bezos in 2019. As part of the separation agreement, he received 19.7 million Amazon shares, or 1.97 million shares, which is 4 percent of Amazon's total shares held by shareholders. As a result, she got the title of the richest woman in the world. Since then, as his shares have increased, he has also sold shares from time to time. According to CNN, he donated a portion of the proceeds from the sale of shares to charity.
After breaking up with Jeff Bezos, Mackenzie Scott, like other world's richest people, signed the Giving Pledge. Through this, the rich pledge to donate most of their shares to charity. This list includes top rich people like Warren Buffett, Bill Gates and Mark Zuckerberg.
Jeff Bezos himself did not sign the pledge. However, he says he will spend the bulk of his wealth on climate change and people who can bring humanity together.
Last December, Mackenzie Scott announced that in 2023, he had donated 215 million dollars through his established foundation, YieldGiving. According to the announcement, the nonprofit has donated to 360 organizations.
Despite selling billions of Amazon shares over the past few years, Mackenzie Scott is now worth more than $37 billion, according to the Bloomberg Billionaires Index.
The divorce of US billionaires Jeff Bezos and Mackenzie Scott made headlines as one of the world's most expensive divorces. They ended their 25-year marriage in 2019. Through this separation, Mackenzie became the third richest woman in the world. After her breakup with Jeff Bezos, she got a fortune of $3,600 million. Then she married a teacher in Seattle.