What you may have missed about Mackenzie Scott

Mackenzie Scott is an American billionaire bussinesswoman, nobelist and philanthropist. Born in April 1970,she began her career of writing at the age of six, when she wrote a book titled, "The Book Worm".In 1992, she graduated from Princeton University with a Bachelor degree in English. After her graduation, Scott worked for D.E Shaw company, a firm Jeff Bezos worked for as the Vice President.While working for the company, Scott wrote a novel, "The Testing of Luther Albright" and won an American Book award in 1993, Scott married Bezos and one year later, they both resigned from D.E.Shaw and moved to Seattle and started Amazon. Being one of Amazon's first employees, she was heavily involved in the company's activities ranging from working on the company's name to business plan, accounts among several activities Amazon was engaging in.Scott who was married to Bezos, the founder of Amazon and Blue Origin between 1993 and 2019, left him with four kids, three sons and a daughter. The daughter is said to have been adopted from China.After their divorce, Scott retained $35.6bn of Amazon stock, while Bezos remained with 75% of the stock, becoming the third wealthiest woman on Earth.She was however ranked the second richest person in the world by Forbes with an estimated net worth of $36bn and in the same year, named the world richest woman with an estimated net worth of $62bn.n may 2019, Scott signed the Giving Pledge, a charitable-giving compaign, where she took an initiative of giving away most of her wealth to charity and in July 2020, she had already donated $1.7bn to 116 non-profit organizations with focus on racial equality, democracy and climate change.In less than six months, Scott donated another handful $4.15bn to 384 organizations, to support people affected by the hard economic times brought by Covid-19 pandemic, telling her advisory team that she consider giving her wealth away faster even as United States struggled with the Covid-19 resurgence.To date, Scott has given a total of $5.8bn, one of the biggest contributions by a single individual to working charities.Written by Clement Ouma

Comments

Post a Comment

Popular posts from this blog

FAA disqualifies Jeff Bezos and Richard Branson as atronauts

pub-1983860445386454 The two leading American billionaires Jeff Bezos and Richard Branson have in recent days found themselves in limelight, with each touring the edge of space on their own ships and describing the journey as ''work'' to the benefit of entire human race.But with all the efforts made, the two billionaires still have nothing to smile about, going by the assertions of the Federation of Aviation Administration that they are still not regarded as astronauts.Early last month, Blue Origin, owned by Jeff Bezos came out strongly , pointing out the difference between its New Shepard rocket and the Virgin Galactic, owned by Branson, saying that its rocket will fly above the Kaman line, reaching an altitude of 62 miles (100 km) as compared to the latter that only reached 50 miles (80 km), meaning it didn't reach the space.According to FAA, Bezos has no right to brag as an astronaut just because he flew higher. Since Commercial Astronaut Wing Program was establi
Read more

Bezos, The Man Behind Amazon Success

American entrepreneur Jeff Bezos is the founder and former Chief Executive Officer of Amazon. His thriving business ventures have made him one of the wealthiest man on EarthJeff Bezos, is the founder andformer CEO of Amazon, the e-commerce company, owner of Washing Post and the founder of the current space exploration company, Blue Origin. Born in 1964 in New Mexico, Bezos studied Computer Science due his love for computers and and Engineering at the University of Princeton.After his graduation, he worked at Wall Street and later in 1990, became  Senior Vice President of the investment firm, D E.Shaw.Bezos however quit his well paying job and opened Amazon.com, an online bookstore, which became one of the internet's biggest success stories.The initial success of Amazon was characterized by continuous challenges with no or little press promotion as the company only sold books across the United States and in 45 foreign countries within 30 days. Things however changed and after
Read more

Why Bezos Is Criticized for Traveling To Space

pub-1983860445386454 Jeff Bezoz has come under scathing attacks from the American people and the world at large hours after his departure to Space on Tuesday this week, with many arguing that the billionaire time and money could be be better spent there.Bezos, the Amazon founder who is said to have an estimated net worth of 206bn took off from Texas on Tuesday morning using the rocket New Shepherd, owned by his company, Blue Origin.will be a celebratory moment for Bezos, who has since indicated that he dreamed of traveling to space at the age of five. But many have since expressed their disappointment and disagreement with Bezos' spending time at the space considering the complaints raised by Amazon workers who are pointing fingers at him for poor working condition at the company, and the concerns about the inequality and the amount of taxes the rich Americans pay or fail to pay.In June this year, an investigation by Propublica revealed that rich Americans have consistently rejecte
Read more