Amazon Founder Jeff Bezos¡¯ ex-wife MacKenzie Scott has donated $436 million to Habitat for Humanity International and 84 of its US affiliates. This is the largest publicly disclosed donation from the billionaire philanthropist since she pledged in 2019 to give away the majority of her wealth, as per The Associated Press.
Scott had a net worth of about $49 billion as of yesterday, according to a Forbes wealth index.
Jonathan Reckford, Habitat for Humanity International¡¯s CEO, reportedly said ¡°We could not be more excited to get the gift at a time when, in some ways, the state of housing affordability is the worst that it has been in modern times.¡±
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The organization¡¯s CEO further said Habitat for Humanity will use Scott¡¯s donation of unrestricted funds to increase the supply of affordable housing, especially in communities of colour. Though they approach the problem in varying ways, most local affiliates will pursue projects in their communities, while the international group will focus on broader advocacy and efforts to build homes for working-class families, as per The Associated Press.
MacKenzie Scott had also signed the Giving Pledge, through which many billionaires have promised to donate more than half their wealth.
Besides an occasional blog post, Scott, an author and philanthropist, doesn¡¯t discuss her donations, which reportedly exceeded $8 billion in the past two years after her divorce from Jeff Bezos. As part of the divorce settlement, Scott had received 4% of Amazon¡¯s shares.
In December 2021, Scott had reportedly declined to announce how much or to whom she donated money. She said she would prefer to let the recipients announce her gifts.
Last week, the Boys & Girls Clubs of America had reportedly announced that they and 62 local Boys & Girls Clubs had received $281 million from Scott. Whereas on Monday, the Fortune Society, a New York-based group that helps the formerly incarcerated re-enter society, had announced that Scott donated $10 million to them.
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