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Savings & Retirement:Billionaires Are Giving Away Their Money. Here’s Where It’s Going
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MacKenzie Scott Gives Away $4.2 Billion in Four Months

  • World’s 18th-richest person announced contributions on Medium
  • Scott’s total gifts this year are close to $6 billion
MacKenzie Scott signed the Giving Pledge in 2019, promising to give away the majority of her fortune.

MacKenzie Scott signed the Giving Pledge in 2019, promising to give away the majority of her fortune.

Photographer: Evan Agostini/Invision/AP

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MacKenzie Scott is giving away her fortune at an unprecedented pace, donating more than $4 billion in four months after announcing $1.7 billion in gifts in July.

The world’s 18th-richest person outlined the latest contributions in a blog post Tuesday, saying she asked her team to figure out how to give away her fortune faster. Scott’s wealth has climbed $23.6 billion this year to $60.7 billion, according to the Bloomberg Billionaires Index, as Amazon.com Inc., the primary source of her fortune, has surged.