MacKenzie Scott gives away $ 4.2 billion to help fight wrecking ball pandemic

MacKenzie Scott, ex-wife of Amazon founder Jeff Bezos, said on Tuesday that she has given $ 4.2 billion to groups that help the vulnerable because the pandemic hits life like “a ball of destruction”.

Scott, formerly known as MacKenzie Bezos, last year signed a “rewarding promise” to donate most of his wealth to charity.

In a donation round earlier this year, Scott donated nearly $ 1.7 billion to groups dedicated to race, gender, and economic equality, as well as other social causes.

“This pandemic has been a devastating ball in the American lives that are already struggling,” Scott said in a post describing his second round of giving this year.

“Economic losses and health outcomes have been worse for women, for people of color and for people living in poverty.”

Meanwhile, she noted that the wealth of billionaires has increased significantly.

Such billionaires include her ex-husband, although Scott did not mention his name. Bezos’ wealth has reportedly increased by almost 80 percent during the pandemic.

To follow up on the commitment I made last year to give away the majority of my wealth during my lifetime: https://t.co/Ocb8eU5UR1. (Note that my Medium account is under my new last name – change back to the middle name I grew up with after my grandfather Scott.)

– MacKenzie Scott (@mackenziescott) July 28, 2020

Pandemic’s economic toll

Scott said she hired a team of advisers to help identify 384 organizations across the United States that support people suffering from pandemics.

Particular attention was paid to organizations working to combat hunger, poverty and racial segregation in communities, according to Scott.

Objectives for support included food banks, employment education services, legal defense funds, debt relief programs and civil rights groups.

The groups that received donations “have dedicated their lives to helping others, working and volunteering and serving real people face to face at bedside tables and tables, in prisons and courtrooms and classrooms, on streets and hospital wards and hotlines and front lines of all kinds and sizes, day after day after day, “Scott said.

Scott left after billions after her divorce last year from Bezos.

She ranked 20th on a Forbes real-time list of the world’s richest indexes on Tuesday, with a net worth of $ 56 billion – after taking into account her recent donations.

Bezos was at the top of the list with a net worth of $ 185 billion.

(AFP)