Billionaires
MacKenzie Scott Renews Giving After Unloading $8 Billion of Stock
- Gift to New York nonprofit comes in a quiet year for Scott
- She is now worth $39.4 billion after unloading Amazon shares
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Mega-philanthropist MacKenzie Scott gave $65 million to a New York-based nonprofit after unloading billions worth of Amazon.com Inc. stock.
The donation, made in late October to community-development organization Local Initiatives Support Corp., or LISC, is her largest known gift so far in 2024. The year has otherwise been relatively quiet for someone who usually gives away billions of dollars annually.