• Home
  • Latest
  • Fortune 500
  • Finance
  • Tech
  • Leadership
  • Lifestyle
  • Rankings
  • Multimedia

Trendingnow

1

Pentagon accuses Alibaba, Baidu and BYD, three of China's biggest companies, of supporting the Chinese military

2

'We are rapidly running out of time': Watchdog sounds Social Security alarm after 22% cut confirmed for 2032

3

Costco CEO Ron Vachris rose from forklift driver to the C-suite without a college degree: ‘Don’t chase a title’ is the career advice that got him there

1

Pentagon accuses Alibaba, Baidu and BYD, three of China's biggest companies, of supporting the Chinese military

2

'We are rapidly running out of time': Watchdog sounds Social Security alarm after 22% cut confirmed for 2032

3

Costco CEO Ron Vachris rose from forklift driver to the C-suite without a college degree: ‘Don’t chase a title’ is the career advice that got him there
SuccessMacKenzie Scott

MacKenzie Scott has donated more than $26 billion—but it’s barely made a dent in her net worth because of the power of Amazon shares

Sydney Lake
By
Sydney Lake
Sydney Lake
Associate Editor
Down Arrow Button Icon
Sydney Lake
By
Sydney Lake
Sydney Lake
Associate Editor
Down Arrow Button Icon
April 18, 2026, 11:57 AM ET
MacKenzie Scott
MacKenzie Scott has donated $19 billion to different charities and organizations in five years.Franziska Krug—Getty Images

MacKenzie Scott is one of the biggest names in philanthropy. The billionaire novelist, philanthropist, and ex-wife to Amazon founder Jeff Bezos has donated an eye-popping $26 billion since 2019.

Recommended Video

Scott came to much of her fortune through her connection to Bezos. (They divorced in 2019.) During her marriage, she played a key role in Amazon’s founding and early operations, including helping with business plans and contracts. Upon their divorce, she received roughly a 4% stake in Amazon.

Since then, she’s reduced her stake by about 42%, selling or donating about 58 million shares, worth around $12.6 billion as of late 2025. She’s still worth $42.7 billion today, despite having donated more than $26 billion through her philanthropic platform Yield Giving, which she founded in 2022. The organization has donated to thousands of organizations, focused on issues including DEI, education, disaster recovery, and more.

Although Scott continues offloading Amazon shares, her wealth continues to grow. Year-to-date, she’s added $2.35 billion to her net worth, according to the Bloomberg Billionaires Index. Since April 2021, Amazon share prices have jumped more than 47%. 

Bezos made the largest charitable donation of 2020, a $10 billion gift to launch the Bezos Earth Fund, aimed at addressing climate change. So far, he and his new wife, Lauren Sánchez Bezos, have donated about $2.3 billion to various environmental groups through the fund and $850 million through Day 1 Families Fund. Also, in 2024, he completed a $200 million pledge to Smithsonian for renovations and a new learning center. 

But his lifetime giving amounts to just $4.7 billion, according to Forbes’ America’s Most Generous Philanthropists 2025 list published in April. Considering the man is worth $270 billion, that’s just 1.7% of his net worth, whereas Scott has given about 40% of her net worth. 

To be sure, Forbes counts “lifetime giving” as money that has already been donated, and not funds that are just parked in a foundation for now. The list showed Scott is the third-most generous philanthropist, behind Warren Buffett, Bill Gates, and Melinda French Gates.

MacKenzie Scott’s major gifts in 2025

In a matter of months, Scott donated hundreds of millions of dollars to organizations focused on DEI, education, and disaster recovery. Just a sample of her largest recent gifts include: 

  • Howard University: $80 million (with $63 million for the university and $17 million for the College of Medicine; one of the largest single donations in Howard’s history)
  • Virginia State University: $50 million (the largest gift in the university’s history)
  • Alcorn State University: $42 million (the largest single gift in the university’s 154-year history).
  • Spelman College: $38 million (one of largest donations in Spelman’s history)
  • United Negro College Fund (UNCF): $70 million (for UNCF’s Pooled Endowment Fund to support the financial health of 37 member HBCUs)
  • African American Cultural Heritage Action Fund: $40 million (twice the size of Scott’s previous donation to the same organization in 2021)
  • Center for Disaster Philanthropy: $60 million (Trump administration canceled or suspended key disaster mitigation grant programs)

MacKenzie Scott’s giving style

Scott’s philanthropic style is considered unique because she makes gifts unrestricted, meaning the organizations can choose how to use the donations. But it’s also the reason she was snubbed from a top donors list this year. Although Scott donated more than $7 billion to more than 120 organizations last year through her philanthropic organization, Yield Giving, the Chronicle didn’t recognize her on its list of the top 50 donors this year. 

“MacKenzie Scott is among the notable absences on the Philanthropy 50 list,” according to the Chronicle. “While it is possible she made gifts to her donor-advised funds that would have earned her a spot on the Philanthropy 50, she and her representatives declined to provide such information to the Chronicle.”

But her secretive style is one appreciated by beneficiaries.

“Unlike traditional funding processes that often involve lengthy applications, specific restrictions, and reporting requirements, her style empowers organizations like ours to determine how best to direct funds quickly and innovatively to address pressing issues,” Noni Ramos, CEO of Housing Trust Silicon Valley, told Fortune in late 2024, when her organization received a $30 million gift from Scott. 

Scott has also been particularly focused on DEI, education, and disaster relief recently, three areas where the Trump administration has made major cuts. This could suggest Scott’s philanthropy is trying to fill the void from the White House. 

She stands behind the idea Americans should “recognize and celebrate our role as active participants in the co-creation of our communities,” Scott wrote in an Dec. 9 post on her Yield Giving site. 

“The potential of peaceful, non-transactional contribution has long been underestimated, often on the basis that it is not financially self-sustaining, or that some of its benefits are hard to track,” she wrote. “But what if these imagined liabilities are actually assets? What if these so-called weaknesses foster the strengths upon which the thriving (or even survival) of our civilization depends?”

A version of this story was originally published on Fortune.com on November 7, 2025.

More on MacKenzie Scott:

  • MacKenzie Scott is bypassing the Ivy League and rewriting the $79 billion higher ed playbook by giving to HBCUs and community colleges
  • MacKenzie Scott’s latest donation takes her HBCU giving to well over $1 billion
  • MacKenzie Scott gave away more than $7 billion last year—but her secretive style got her snubbed from a top donors list
The Fortune 500 Innovation Forum will convene Fortune 500 executives, U.S. policy officials, top founders, and thought leaders to help define what’s next for the American economy, Nov. 16-17 in Detroit. Apply here.
About the Author
Sydney Lake
By Sydney LakeAssociate Editor
LinkedIn iconTwitter icon

Sydney Lake is an associate editor at Fortune, where she writes and edits news for the publication's global news desk.

See full bioRight Arrow Button Icon

Latest in Success

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025

Most Popular

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Fortune Secondary Logo
Rankings
  • 100 Best Companies
  • Fortune 500
  • Global 500
  • Fortune 500 Europe
  • Most Powerful Women
  • World's Most Admired Companies
  • See All Rankings
  • Lists Calendar
Sections
  • Finance
  • Fortune Crypto
  • Features
  • Leadership
  • Health
  • Commentary
  • Success
  • Retail
  • Mpw
  • Tech
  • Lifestyle
  • CEO Initiative
  • Asia
  • Politics
  • Conferences
  • Europe
  • Newsletters
  • Personal Finance
  • Environment
  • Magazine
  • Education
Customer Support
  • Frequently Asked Questions
  • Customer Service Portal
  • Privacy Policy
  • Terms Of Use
  • Single Issues For Purchase
  • International Print
Commercial Services
  • Advertising
  • Fortune Brand Studio
  • Fortune Analytics
  • Fortune Conferences
  • Business Development
  • Group Subscriptions
About Us
  • About Us
  • Press Center
  • Work At Fortune
  • Terms And Conditions
  • Site Map
  • About Us
  • Press Center
  • Work At Fortune
  • Terms And Conditions
  • Site Map
  • Facebook icon
  • Twitter icon
  • LinkedIn icon
  • Instagram icon
  • Pinterest icon

Latest in Success

Xbox CEO Asha Sharma
SuccessCareers
Xbox’s CEO spent her early career taking out trash and selling coupon books—she says the secret to her rise was never obsessing over a dream career
By Preston ForeJune 10, 2026
2 hours ago
Boris Cherny, Head of Claude Code
SuccessHiring
The architect behind Claude Code reveals the three things Anthropic looks for in a good hire—and why people with low ego are a must
By Emma BurleighJune 10, 2026
2 hours ago
Meryl Streep says she was ‘ready to retire’ when the call for ‘Devil Wears Prada 2’ came—so she demanded they double her salary or nothing
SuccessThe Promotion Playbook
Meryl Streep says she was ‘ready to retire’ when the call for ‘Devil Wears Prada 2’ came—so she demanded they double her salary or nothing
By Orianna Rosa RoyleJune 10, 2026
3 hours ago
knicks
SuccessNew York
‘Knicks in 6. 2026 NBA Finals’: Why did this New Yorker make a prophecy in his 2020 high school yearbook?
By Philip Marcelo and The Associated PressJune 10, 2026
3 hours ago
platner
PoliticsElections
Graham Platner easily prevails over attempts to derail progressive Senate candidacy in Maine
By Patrick Whittle, Kimberlee Kruesi and The Associated PressJune 10, 2026
3 hours ago
penn
North Americatransit
‘I’m not focused on names at all’: Rumors of Trump Station replacing Penn Station in New York batted aside
By Philip Marcelo and The Associated PressJune 9, 2026
1 day ago

Most Popular

Pentagon accuses Alibaba, Baidu and BYD, three of China's biggest companies, of supporting the Chinese military
Asia
Pentagon accuses Alibaba, Baidu and BYD, three of China's biggest companies, of supporting the Chinese military
By Kate O'Keeffe and BloombergJune 8, 2026
2 days ago
'We are rapidly running out of time': Watchdog sounds Social Security alarm after 22% cut confirmed for 2032
Economy
'We are rapidly running out of time': Watchdog sounds Social Security alarm after 22% cut confirmed for 2032
By Nick LichtenbergJune 9, 2026
1 day ago
Costco CEO Ron Vachris rose from forklift driver to the C-suite without a college degree: ‘Don’t chase a title’ is the career advice that got him there
Success
Costco CEO Ron Vachris rose from forklift driver to the C-suite without a college degree: ‘Don’t chase a title’ is the career advice that got him there
By Preston ForeJune 8, 2026
2 days ago
Current price of oil as of June 9, 2026
Personal Finance
Current price of oil as of June 9, 2026
By Joseph HostetlerJune 9, 2026
1 day ago
Current price of silver as of Tuesday, June 9, 2026
Personal Finance
Current price of silver as of Tuesday, June 9, 2026
By Joseph HostetlerJune 9, 2026
1 day ago
Wall Street dumped nearly $1 trillion in tech stocks by midday—then clawed it back and bought peanut butter and paint
Investing
Wall Street dumped nearly $1 trillion in tech stocks by midday—then clawed it back and bought peanut butter and paint
By Eva RoytburgJune 9, 2026
19 hours ago

© 2026 Fortune Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and Privacy Notice | Do Not Sell/Share My Personal Information
FORTUNE is a trademark of Fortune Media IP Limited, registered in the U.S. and other countries. FORTUNE may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.