GENEROSITY > Gifts That Keep on Giving: MacKenzie Scott Announces $4 2 Billion More in Charitable Giving

The world's 18th richest person wants everyone to know what she is doing - as an example for others to follow and  "share the wealth". According to Bloomberg, Scott's total contributions this year are close to six billion dollars.

MacKenzie Scott Gives Away $4.2 Billion in Four Months

By Sophie Alexander and Ben Steverman

Bloomberg.com |

‎December‎ ‎15‎, ‎2020‎ ‎10‎:‎44 Updated on ‎December‎ ‎15‎, ‎2020‎ ‎13‎:‎21

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.

“This pandemic has been a wrecking ball in the lives of Americans already struggling,” she wrote in the post on Medium.

 “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.”