JOURNAL ARTICLE

MacKenzie Scott has cut her stake in Amazon by 42%—worth nearly $13 billion—as the billionaire casually donates over $110 million to DEI causes.

  • Published In: Fortune.com, 2025. P. N.PAG 1 of 3

  • Database: Business Source Ultimate 2 of 3

  • Authored By: Coacci, Jessica 3 of 3

Abstract

The article focuses on MacKenzie Scott's significant reduction of her Amazon shares and her philanthropic efforts following her divorce from Jeff Bezos. After a regulatory filing revealed that she has cut her stake in Amazon by 42%, now holding 81.1 million shares, Scott's estimated net worth stands at $32 billion. She has pledged to donate the majority of her wealth, contributing approximately $19 billion to over 2,000 nonprofits in the past five years, with a focus on diversity, equity, and inclusion (DEI) initiatives. Notable recent donations include $42 million to 10,000 Degrees and $70 million to historically Black colleges and universities (HBCUs) through the UNCF. [Extracted from the article]

Additional Information

  • Source:Fortune.com. 2025/10, pN.PAG
  • Document Type:Article
  • Subject Area:Education
  • Publication Date:2025
  • Accession Number:188721785
  • Copyright Statement:Copyright of Fortune.com is the property of Fortune Media (USA) Corporation and its content may not be copied or emailed to multiple sites without the copyright holder's express written permission. Additionally, content may not be used with any artificial intelligence tools or machine learning technologies. However, users may print, download, or email articles for individual use. This abstract may be abridged. No warranty is given about the accuracy of the copy. Users should refer to the original published version of the material for the full abstract. (Copyright applies to all Abstracts.)

Looking to go deeper into this topic? Look for more articles on EBSCOhost.