MacKenzie Scott, the former spouse of Amazon.com’s CEO Jeff Bezos, reportedly sold 65.3 million shares of the e-commerce giant last year, amounting to approximately 25% of her Amazon holdings, as disclosed by Bloomberg News on Friday.
At Amazon’s closing price on that day, this share sale translated into a staggering $10.4 billion, according to information gleaned from a regulatory filing.
While Reuters was unable to immediately verify this filing, MacKenzie Scott remained silent and did not respond promptly to requests for comments regarding this significant financial move.
It is important to note that Scott had acquired a 4% stake in Amazon as part of her divorce settlement with the company’s founder in 2019.
This stake, initially valued at $36 billion, catapulted her into the ranks of the wealthiest women globally.
In 2019, MacKenzie Scott made a bold philanthropic commitment to allocate at least half of her fortune to charitable causes.
Over the years, she has been steadfast in fulfilling this pledge by generously donating millions of dollars to various charitable initiatives and organizations.
Her philanthropic endeavors have touched upon a wide range of critical issues and have had a substantial impact on numerous communities.
As of the latest available information, MacKenzie Scott’s net worth on Friday was estimated to be $42.6 billion, as reported by Forbes.
Her continued dedication to charitable giving and her substantial financial contributions have earned her recognition and respect as a prominent figure in the world of philanthropy.
Her wealth and generosity have the potential to effect positive change and address pressing societal challenges, showcasing the significant role that individuals with substantial resources can play in making a difference in the world.
In summary, MacKenzie Scott, who obtained a substantial Amazon stake through her divorce settlement, has sold a substantial portion of her holdings, further bolstering her position as a leading philanthropist committed to making a positive impact on society through her generous contributions to various causes and organizations.