MacKenzie Scott is an author and philanthropist. She’s known for her work at Amazon, charity efforts, and marriage to Jeff Bezos. She owns US$37.6 billion as of November 2021, thanks to a 4% interest in Amazon.
Scott is the 21st richest person in the world and the third wealthiest American woman. Time’s 100 Most Influential People of 2020 and Forbes’ most powerful women in 2021 included Scott.
Mackenzie Scott’s Net Worth
MacKenzie Scott, formerly known as MacKenzie Bezos, is a novelist, philanthropist, and activist from the United States. MacKenzie Scott has a net worth of $57 billion as of this writing.
She intends to give away the vast bulk of her wealth during her lifetime. Her fortune would be considerably more significant, but she donated $6 billion to charity in 2020 alone. More on her altruism can be found later in this article.
On July 13, 2020, when Amazon’s share price surpassed $3,300, MacKenzie became the world’s richest woman for the first time. She didn’t indeed keep the title for the entire day. Amazon had dropped many percentage points by the end of the trading day, handing the crown back to Francoise Bettencourt-Meyers.
Several months later, MacKenzie began donating billions of dollars to charity, making it considerably more difficult for her to maintain her status as the world’s richest woman.
From 1993 to 2019, she was the wife of Amazon founder Jeff Bezos. Jeff has been a billionaire for over two decades and the world’s richest person since 2018. Jeff and MacKenzie are the parents of four children.
Mackenzie Scott’s Early Life and Education
On April 7, 1970, MacKenzie Scott Tuttle was born in San Francisco, California, to a financial planner father and a stay-at-home mother.
When she was six years old, she authored The Novel Worm, a 142-page book lost in flood, and she recalls taking writing seriously for the first time. She completed her education at Hotchkiss School in Lakeville, Connecticut, in 1988.
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At Princeton University, where she studied under Nobel Laureate Toni Morrison, Tuttle received her bachelor’s degree in English in 1992. Morrison praised Tuttle as “one of the best students I’ve ever had in my creative writing classes.” She also assisted Morrison with research for the 1992 book Jazz.
Mackenzie Scott’s Career
Literary career
Scott published her first novel, The Testing of Luther Albright, in 2005 and won an American Book Award for it in 2006. She claimed that it took her ten years to write since she was helping Bezos develop Amazon while giving birth to and raising three children.
Her old instructor, Toni Morrison, called the book “a rarity: a cerebral narrative that breaks and swells the heart.” Traps, her second novel, was released in 2013.
Amazon
Bezos and Scott got married in 1993, and in 1994 they both quit D. E. Shaw, relocated to Seattle, and founded Amazon. As one of Amazon’s original workers, Scott played a significant role in the company’s early development, contributing to the creation of the company’s name, business strategy, accounts, and early order shipping.
She also arranged the first freight contract for the business. Scott reduced her involvement in the company as it grew, choosing instead to concentrate on her family and writing career.
Divorce Settlement of Mackenzie Bezos and Jeff Bezos
After 25 years of marriage, Jeff and MacKenzie Bezos announced their divorce on January 9, 2019. As we just mentioned, they married in 1993, one year before Jeff founded the business that would eventually make him the world’s richest person.
Jeff’s net worth was $136 billion when they announced their divorce. By all accounts, since Jeff’s assets were all obtained during their marriage, MacKenzie might have been entitled to half of them. If such were the case, MacKenzie might have received shares and other assets worth up to $70 billion.
Final Settlement
On April 4, 2019, MacKenzie revealed on Twitter that she and Jeff had finalized their divorce and that she had received just under 20 million Amazon shares or around 4% of the company’s outstanding shares.
Those shares were worth $35.6 billion at the time of transfer. Jeff kept 75 percent of their previous owners or over 60 million shares. MacKenzie decided to give Jeff complete voting rights over her claims, which was a huge compromise. So, she receives all the benefits without any voting power.
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Is She Married to Someone Right Now?
In March 2021, MacKenzie disclosed that she had recently married Dan Jewett, a high school science teacher. Dan teaches at the prestigious Lakeside School, whose alumni include Bill Gates and Paul Allen.
She announced the news in a post on her Giving Pledge page, saying that her new spouse had agreed to support her cause. Jeff Bezos congratulated the pair in a statement posted by an Amazon spokeswoman, saying, “Dan is such a fantastic guy, and I am delighted and excited for both of them.”
MacKenzie even changed her Amazon author bio to state that she “lives in Seattle with her four children and her spouse, Dan.”
Frequently Asked Questions
Why is Mackenzie Scott So Powerful?
In addition to starting to follow through on her promise, Scott is doing it incredibly quickly and with complete discretion over her financial decisions: Scott, who is worth $57 billion, has donated $8.6 billion to 780 organizations in just over two years that support causes including gender parity, racial justice, and public health.
How Did Mackenzie Scott Spend Her Money?
The ex-wife of Amazon CEO Jeff Bezos and billionaire philanthropist MacKenzie Scott revealed on Wednesday that she had donated more than $3.8 billion to hundreds of nonprofits. Scott, worth over $55 billion, has gained notoriety for her unforeseen multi-billion-dollar donations to organizations.