Mackenzie Scott announces another $2 billion in donations | CNN Business

  • 📰 CNN
  • ⏱ Reading Time:
  • 23 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 95%

Singapore News News

Singapore Singapore Latest News,Singapore Singapore Headlines

Billionaire philanthropist Mackenzie Scott has donated almost $2 billion to more than 300 organizations in the last 7 months, she said in a Medium post.

Since her divorce from Bezos, Forbes estimates Scott has now given away $14.4 billion to more than 1,500 organizations. Her most recent donation totals $1,990,800,000. Scott made the announcement on the day Bezos, along with his current partner Lauren Sanchez, told CNN he plans to give away the majority of his $124 billion net worth during his lifetime. And though Bezos did not specify his donations, he said would devote most of his wealth toward combating climate change and unifying humanity.

Scott noted many of the 343 organizations she donated to are funds, meaning they “pool donations and spread them across a diverse group of smaller organizations working toward a common cause.” Big impact Scott has been praised for challenging “big” philanthropy and her focus on LGBTQ and minority-focused organizations, even though others have given large, unrestricted gifts. But the scope and speed of her philanthropy has raised eyebrows.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 4. in SG
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

How’d she get that money?

When a woman is beautiful inside and out.

The real and noble nouveau riche.

ABAB

Bless this woman.

Another untaxed billionaire getting to play god with money that was redistributed up from poor & working people. Too bad they didn’t get the pleasure of deciding how to spend their own money instead of her.

جميلة أفعالهاكجمالها

Good woman

Wait until she's broke she won't be remembered or even mention in the news.

Sis…

Charity organizations are scams. Especially liberal ones.

Stop doing press for the ultra wealthy. If you're doing charity work it's not really charity if you're doing it to get news coverage.

....But she doesn't like to talk about it?

StopHazaraGenocide

8h8

I hate stories like this. Obscene money that I cannot relate to.

I wonder how much of those donations went to charities where all the donated money goes to salaries instead of the intended reason of the charity.. I.E: Biden with his children's cancer research charity, $3M donated & $3M to salaries. 😉

Singapore Singapore Latest News, Singapore Singapore Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Most Admired CEOs: Janis MacKenzie of MacKenzie Communications - San Francisco Business TimesThe biggest thrill for Janis MacKenzie? Landing a new piece of business — and then delivering for the client.
Source: SFBusinessTimes - 🏆 78. / 68 Read more »