Updated June 15, 2021 at 5:01 PM ET
Saying that she s troubled by the increasing concentration of wealth, philanthropist MacKenzie Scott says she is giving away another $2.7 billion of her fortune to 286 nonprofit organizations.
Scott, who divorced from Amazon founder Jeff Bezos in 2019, made the announcement in a blog post on the website Medium. She has so far given away more than $8 billion in three rounds of funding revealed in the same manner. Her net worth is estimated to be nearly $60 billion.
In her divorce from Bezos, Scott received a 4% stake in Amazon. But shares of the company s stock rose sharply during the pandemic, and despite giving away billions, Scott s wealth keeps growing. Her net worth, estimated at $36.1 billion in October 2019, has increased by some $23 billion since then.
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