MacKenzie Scott Has Donated More Than $4 Billion In Last 4 Months
Wednesday, December 16, 2020
MacKenzie Scott, the author and philanthropist, says she has given away more than $4 billion in the last four months. This pandemic has been a wrecking ball in the lives of Americans already struggling, Scott wrote in a post on Medium announcing the donations. Economic losses and health outcomes alike have been worse for women, for people of color, and for people living in poverty. Meanwhile, it has substantially increased the wealth of billionaires.
Scott is the ex-wife of Amazon founder Jeff Bezos; she was a part of the company s founding and Amazon s first accountant.
Saturday, December 12, 2020
Congress Bans Anonymous Shell Companies
The Corporate Transparency Act, which was tacked onto the defense bill, would require corporations and limited liability companies established in the United States to disclose their real owners to the Treasury Department, reports The Washington Post.
The measure passed the Senate on Friday with an 84-to-13 vote as part of the National Defense Authorization Act, which cleared the House earlier this week. Trump has pledged to veto the defense bill because it doesn’t include his demand to repeal liability protections for social media companies, so we shall see. Trump also opposes a clause that orders military bases named for Confederate leaders to be renamed.
US billionaires net worths grew to $4 trillion during the pandemic businessinsider.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from businessinsider.com Daily Mail and Mail on Sunday newspapers.
The Amazon CEO and four other billionaires are part of the world s most exclusive club in the midst of the pandemic: those whose fortunes exceed $100 billion.