Mackenzie Scott’s Net Worth: The Estimated Income of Jeff Bezos Ex- Wife in 2022!
MacKenzie Scott Tuttle was born in April 1970 in San Francisco, California. She grew up in Marin County, just across the Golden Gate Bridge. Her family also lived in the Pacific Heights district of San Francisco.
Jason Baker Tuttle, her father, owned a financial investment firm. MacKenzie went to the Hotchkiss School in Lakeville, Connecticut for high school.
Her parents filed for bankruptcy during her junior year after her father was the focus of a Securities and Exchange Commission investigation.
Her parents relocated to Florida, where her father sought but failed to launch a new financial profession. Her father’s ability to start a new financial enterprise was eventually revoked.
In his decision, the Florida judge cited the family’s previous extravagant expenditures. MacKenzie went to Princeton University to study English after high school. She received her diploma in 1992.
|Name||MacKenzie Scott Tuttle|
|Birth||7 April 1970 in San Francisco, California|
|Genre||American novelist and philanthropist|
|Relation With||Dan Jewett|
|Net Worth||$57 Billion|
In a creative writing workshop at Princeton, she studied under renowned novelist Toni Morrison. “One of the best kids I’ve ever had,” Morrison would later say of MacKenzie.
MacKenzie Scott’s Net Worth!
MacKenzie Scott has a 57 billion dollar net worth. Her fortune would have been substantially greater if she hadn’t given $6 billion to charity in 2020 alone.
During her lifetime, she intends to give away the vast majority of her fortune. MacKenzie became the world’s richest woman for the first time on July 13, 2020, when Amazon’s stock broke $3,300 a share.
She didn’t keep the title for her entire life, in fact. Amazon had lost many percentage points by the end of the trading day, relegating Francoise Bettencourt-Meyers to the top spot.
After a few months, MacKenzie began donating billions of dollars to charity, making her position as the world’s richest woman considerably more difficult to maintain.
MacKenzie Scott’s Marriage With Jeff Bezos!
MacKenzie moved to New York after graduating from Princeton with the ambition of becoming a novelist. She accepted a job as an administrative assistant at the hedge fund D.E.Shaw to supplement her income until her dream came true.
Jeff Bezos, the company’s Senior Vice President and a fellow Princeton alum, was one of the people she helped in this position. Their offices were separated by a common wall.
She soon advanced to the position of research associate, reporting directly to Bezos. Jeff and MacKenzie met in 1992 and dated for three months before tying the knot. They tied the knot in 1993. He was 29 and she was 23.
MacKenzie worked at Amazon as a secretary and bookkeeper!
Jeff became captivated with the newly formed “world wide web” around the time of their marriage. According to legend, Jeff saw that an online “e-commerce” business could be successful, so he chose an online bookstore because books don’t go bad and don’t need to be tried on or even handled before purchase.
Jeff’s objectives were bolstered by MacKenzie’s encouragement. In 1994, they both agreed to leave their comfortable professions and homes in New York City and relocate to Seattle, where he could follow his internet fantasies.
Jeff sat in the passenger seat, spitballing ideas and composing his e-commerce business plan on a laptop, as MacKenzie drove the Volvo across the United States.
Jeff and MacKenzie came up with a list of dozens of items that may be sold on the internet. Jeff eventually decided on books.
Cadabra was the company’s original name. Later, he decided on the name Amazon, which is a tribute to the Amazon River in South America.
On July 5, 1994, Amazon was launched in a Seattle garage. Jeff was able to get his business off the ground thanks to a $300,000 angel investment from his parents.
She also took fiction writing seminars at the University of Washington at night during this time.
It took another decade for MacKenzie to publish “The Testing of Luther Albright,” her own fictional tale. The book is said to have sold less than 2,000 copies. In 2013, she published her second novel, titled “Traps.”
Making it to the Billionaire Level!
Amazon launched their initial public offering on May 15, 1997. After accounting for stock splits, Amazon’s first day of trading finished at $2 per share. Single Amazon shares now sell for more than $3,000 on the open market.
If you had invested $10,000 in Amazon at the time of its IPO, you would now be worth almost $15 million.
Jeff controlled 20% of Amazon at the time of its initial public offering. He sold off chunks of equity to create liquidity on a frequent basis over the years.
Jeff’s stock transactions have earned $70 billion in liquid cash as of this writing. He held 16 per cent of Amazon prior to their divorce settlement.
Jeff became a billionaire for the first time in June 1998. He was valued at $10 billion at the height of the dot-com bubble. His net worth dropped to $2 billion after the boom burst.
For the first time in June 2015, his net worth surpassed $50 billion. It surpassed $100 billion for the first time in January 2018.
It surpassed $150 billion in July 2018. His net worth has ranged between $150 billion and $200 billion in recent years.
On July 13, 2020, Amazon stock momentarily crossed beyond $3,300 for the first time. MacKenzie’s net worth would make her the world’s richest woman at any price exceeding $3,255. So, on July 13, 2020, MacKenzie Scott became the world’s richest woman for the first time.
Settlement in the MacKenzie Bezos Divorce!
After 25 years of marriage, Jeff and MacKenzie Bezos announced their divorce on January 9, 2019. As previously noted, they married in 1993, one year before Jeff established the company that would eventually make him the world’s richest person.
Jeff had a net worth of $136 billion at the time of their divorce announcement. According to all accounts, MacKenzie was entitled to half of Jeff’s assets, which were all accumulated during their marriage. If this is the case, MacKenzie may have received as much as $70 billion in stock and other assets.
MacKenzie revealed on Twitter on April 4, 2019, that she and Jeff had finalised their divorce and that she had been issued slightly under 20 million Amazon shares, or about 4% of the company’s outstanding stock.
Those shares were worth $35.6 billion at the time of transfer. Jeff held around 60 million shares or 75 per cent of their previous holdings.
MacKenzie agreed to allow Jeff to keep all voting rights over her shares, which was a huge concession. As a result, she receives all of the value but none of the voting power.
The World’s Wealthiest Woman-MacKenzie Bezos!
MacKenzie was the world’s seventh wealthiest woman as of 2020.
As it turned out, Jeff and MacKenzie Bezos had a very lucky year in 2020. Amazon stock rose as the world came to a halt as a result of the Coronavirus outbreak.
People all throughout the world were stranded at home, purchasing parcels, watching Prime videos, and helplessly babbling to Alexa.
Jeff and MacKenzie’s net worths surged dramatically when Amazon’s stock price rose from $1,900 on January 1st to nearly $3,000 six months later.
On July 10, 2020, MacKenzie’s net worth surpassed $64 billion. MacKenzie’s net worth reached $67 billion on August 26 when AMZN surpassed $3,440.
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