MacKenzie Scott, the ex-wife of Jeff Bezos, donated $1.7 billion on Wednesday. By Friday, she'd made it all back — and then some.

FILE PHOTO: 2018 Vanity Fair Oscar Party – Arrivals – Beverly Hills, California, U.S., 04/03/2018 – Amazon CEO Jeff and wife MacKenzie Bezos. REUTERS/Danny Moloshok

  • MacKenzie Scott (formerly MacKenzie Bezos) announced Wednesday that she had donated $1.7 billion to 116 different organizations tackling a variety of social issues.
  • By Friday afternoon, the value of her stake in Amazon had grown so much that she is is now richer than she was before the gift, according to CNBC's Robert Frank.
  • Scott, an author by trade, became a billionaire following her 2019 divorce from Amazon CEO Jeff Bezos. Scott received 25% of Bezos' stake in the e-commerce giant, minus voting control, after helping him found the company in 1997.
  • Scott has a net worth of $60.8 billion, per Bloomberg's latest available estimate.
  • The value of Amazon shares has skyrocketed during the pandemic, helping Bezos' net worth reach new all-time highs, too.
  • The $1.7 billion gift is likely only the start of Scott's philanthropic efforts. She signed the Giving Pledge in 2019.
  • Visit Business Insider's homepage for more stories.

SEE ALSO: Jeff Bezos is about to defend his Amazon empire before Congress. Here's how the richest person in the world makes and spends his $178 billion fortune.

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Contributer : Tech Insider https://ift.tt/30nz2Jj
MacKenzie Scott, the ex-wife of Jeff Bezos, donated $1.7 billion on Wednesday. By Friday, she'd made it all back — and then some. MacKenzie Scott, the ex-wife of Jeff Bezos, donated $1.7 billion on Wednesday. By Friday, she'd made it all back — and then some. Reviewed by mimisabreena on Saturday, August 01, 2020 Rating: 5

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