Jeff Bezos's Ex-Wife Announces Charity Of $2.7 Billion

MacKenzie Scott announced Tuesday a new round of large charitable donations totaling $2.7 billion for educational, community and other nonprofit organizations.

MacKenzie Scott, one of the world's wealthiest women, announced Tuesday a new round of large charitable donations totaling $2.7 billion for educational, community and other nonprofit organizations. The ex-wife of Amazon founder Jeff Bezos, who has pledged to give away the bulk of her fortune from their divorce settlement, said in a blog post she was donating to "286 high-impact organizations in categories and communities that have been historically underfunded and overlooked." The announcement marked the third round of big donations from Scott, whose fortune is estimated at some $59 billion and who previously gave some $6 billion to hundreds of groups and institutions. Scott, who has eschewed the idea of creating a foundation and instead has relied on a team of advisers to identify grantees, said the effort is motivated by a desire to address growing inequalities.