Wednesday, June 24, 2026
36.6 C
New Delhi

MacKenzie Scott donates $26 billion in seven years, surpassing Elon Musk and Jeff Bezos in lifetime giving

MacKenzie Scott donates $26 billion in seven years, surpassing Elon Musk and Jeff Bezos in lifetime giving

MacKenzie Scott donated $26 billion over the past seven years, including a record $7.2 billion in 2025, a pace of giving that makes her the third-largest philanthropist of all time by total lifetime donations, according to Forbes. Scott is a novelist and the former spouse of Amazon founder Jeff Bezos. She has distributed the funds primarily through large, unrestricted grants to non-profit organisations across the United States and internationally. Her total giving since 2019 now stands at $26 billion, according to publicly disclosed figures compiled by philanthropy trackers and financial publications.The $7.2 billion she gave in 2025 marks the largest single-year amount of her philanthropic career. The record year accelerated her overall total and pushed her ahead of most living donors in cumulative lifetime contributions.With $26 billion in lifetime giving, Scott ranks as the third-biggest philanthropist of all time in absolute dollars donated. Only two individuals in modern history have given more in total lifetime contributions.Her 2025 giving alone exceeded the combined lifetime donations of several prominent billionaires, including Tesla and SpaceX chief executive Elon Musk, Google co-founder Larry Page, Oracle co-founder Larry Ellison, and her former husband Jeff Bezos. Scott’s philanthropic strategy has differed from many large-scale donors. Rather than establishing a traditional foundation with extensive application processes, she has relied on advisory teams to identify organisations and has provided grants with few restrictions on how the money must be used. Recipients have included charities focused on education, racial equity, public health, housing, food security and community development.Since announcing her intention in 2019 to give away the majority of her wealth, Scott has moved at an unusually rapid pace compared with other billionaires. The $26 billion total represents one of the fastest large-scale philanthropic distributions in modern history.Most of her wealth comes from her divorce settlement with Jeff Bezos in 2019, when she received a stake in Amazon. She has since sold portions of those shares to fund her charitable donations.The comparison is based on the total amounts Musk, Page, Ellison and Bezos have publicly donated over their lifetimes. Although they have promised large sums and set up charity foundations, the money they have actually given so far is still less than what Scott donated in 2025 alone.Scott has not publicly indicated a fixed end date for her giving. However, her pace over the past seven years suggests she intends to continue distributing large portions of her wealth.

Go to Source

Hot this week

French mother, 5 children rescued from Pak home after decade-long captivity

54-year-old Sylvie Yasmina was rescued earlier this week from a mud-brick house in Bara, a town near the Afghanistan border A French woman and her five children have been rescued by Pakistan police after she alleged that she was held Read More

‘Anti-farmer and anti-worker’: Kisan Mazdoor Morcha protest India-US trade deal, burn effigies of PM Modi and Donald Trump

Farmer leaders claimed that the pact could lead to increased imports of agricultural commodities such as pulses, fruits, vegetables and other food items NEW DELHI: Farmers under the banner of the Kisan Mazdoor Morcha (KMM) held prote Read More

PM asks states to fast-track e-zero FIR in cyber crime cases

PM Modi advised states to start registering e-Zero FIRs in cyber crime cases NEW DELHI: PM Narendra Modi on Wednesday advised states to start registering e-Zero FIRs in cyber crime cases so that victims who already have lost their Read More

24-year-old Delhi woman dies by suicide; leaves video alleging harassment by in-laws

While no suicide note was recovered, investigators found a video clip of more than three minutes on her mobile phone alleging ill-treatment by her husband’s family NEW DELHI: A 24-year-old woman died by suicide at her matrimon Read More

Government removes ‘bonus’ clause for early completion of NH projects in hill states

Government removes ‘bonus’ clause for early completion of NH projects in hill states NEW DELHI: In its bid to ensure quality construction of highways in hills, govt has removed the ‘bonus’ incentive for early completion of projects Read More

Topics

French mother, 5 children rescued from Pak home after decade-long captivity

54-year-old Sylvie Yasmina was rescued earlier this week from a mud-brick house in Bara, a town near the Afghanistan border A French woman and her five children have been rescued by Pakistan police after she alleged that she was held Read More

‘Anti-farmer and anti-worker’: Kisan Mazdoor Morcha protest India-US trade deal, burn effigies of PM Modi and Donald Trump

Farmer leaders claimed that the pact could lead to increased imports of agricultural commodities such as pulses, fruits, vegetables and other food items NEW DELHI: Farmers under the banner of the Kisan Mazdoor Morcha (KMM) held prote Read More

PM asks states to fast-track e-zero FIR in cyber crime cases

PM Modi advised states to start registering e-Zero FIRs in cyber crime cases NEW DELHI: PM Narendra Modi on Wednesday advised states to start registering e-Zero FIRs in cyber crime cases so that victims who already have lost their Read More

24-year-old Delhi woman dies by suicide; leaves video alleging harassment by in-laws

While no suicide note was recovered, investigators found a video clip of more than three minutes on her mobile phone alleging ill-treatment by her husband’s family NEW DELHI: A 24-year-old woman died by suicide at her matrimon Read More

Government removes ‘bonus’ clause for early completion of NH projects in hill states

Government removes ‘bonus’ clause for early completion of NH projects in hill states NEW DELHI: In its bid to ensure quality construction of highways in hills, govt has removed the ‘bonus’ incentive for early completion of projects Read More

IAEA Chief Says Inspectors Will Visit Iran’s Nuclear Sites Under US Deal

Show Quick Read Key points generated by AI, verified by newsroom UN nuclear chief confirms inspectors will visit Iranian sites. Inspections are part of US-Iran interim deal. Read More

Eight months after meeting, how a fiancée and her lover plotted to kill Pune man Ketan Agrawal – timeline of events

A key breakthrough came when investigators reviewed CCTV footage from Lohagad Fort and allegedly spotted a hooded man trailing Ketan and Siya on the day of the incident. Read More

Pack of stray dogs attack 10-year-old boy cycling in Faridabad society; hospitalised

The 10-year-old remains under treatment at a private hospital in Faridabad (Representational image) NEW DELHI: A 10-year-old boy was hospitalised and underwent head surgery after being allegedly attacked by a pack of stray dogs insi Read More

Related Articles