Post a Free Blog

Submit A Press Release

Generic selectors
Exact matches only
Search in title
Search in content
Post Type Selectors
Filter by Categories
Action
Animation
ATP Tour (ATP)
Auto Racing
Baseball
Basketball
Boxing
Breaking News
Business
Business
Business Newsletter
Call of Duty (CALLOFDUTY)
Canadian Football League (CFL)
Car
Celebrity
Champions Tour (CHAMP)
Comedy
CONCACAF
Counter Strike Global Offensive (CSGO)
Crime
Dark Comedy
Defense of the Ancients (DOTA)
Documentary and Foreign
Drama
eSports
European Tour (EPGA)
Fashion
FIFA
FIFA Women’s World Cup (WWC)
FIFA World Cup (FIFA)
Fighting
Football
Formula 1 (F1)
Fortnite
Golf
Health
Hockey
Horror
IndyCar Series (INDY)
International Friendly (FRIENDLY)
Kids & Family
League of Legends (LOL)
LPGA
Madden
Major League Baseball (MLB)
Mixed Martial Arts (MMA)
MLS
Movie and Music
Movie Trailers
Music
Mystery
NASCAR Cup Series (NAS)
National Basketball Association (NBA)
National Football League (NFL)
National Hockey League (NHL)
National Women's Soccer (NWSL)
NBA Development League (NBAGL)
NBA2K
NCAA Baseball (NCAABBL)
NCAA Basketball (NCAAB)
NCAA Football (NCAAF)
NCAA Hockey (NCAAH)
Olympic Mens (OLYHKYM)
Other
Other Sports
Overwatch
PGA
Politics
Premier League (PREM)
Romance
Sci-Fi
Science
Soccer
Sports
Sports
Technology
Tennis
Thriller
Truck Series (TRUCK)
True Crime
Ultimate Fighting Championship (UFC)
Uncategorized
US
Valorant
Western
Women’s National Basketball Association (WNBA)
Women’s NCAA Basketball (WNCAAB)
World
World Cup Qualifier (WORLDCUP)
WTA Tour (WTA)
Xfinity (XFT)
XFL
0
-- Advertisement --spot_img
HomeBusinessHabitat for Humanity gets hundreds of million from MacKenzie Scott– her largest...

Habitat for Humanity gets hundreds of million from MacKenzie Scott– her largest public donation

Add to Favorite
Added to Favorite

MacKenzie Scott, the billionaire philanthropist has made her largest ever publicly disclosed donation. She gave Habitat for Humanity the princely sum of $436 million. This is the largest publicly declared donation by her since she pledged to give away most of her wealth during her lifetime. She is the fastest donor in the giving away of her fortune. Other billionaires who have also signed the Giving Pledge include tech billionaires Bill and Melinda Gates and Elon Musk and financial wizard Warren Buffet.

The ex-wife of Amazon founder Jeff Bezos pledged to give away most of her wealth, in 2019. According to real-time estimates by Forbes, MacKenzie Scott’s fortune is 49.4 billion. She has already donated $9.6 billion in less than two years according to the same outlet.

The outlet also compared it with the donations by her ex-Bezos. Scott has reportedly given away four times more than the Amazon founder donated in his lifetime. She received 25% of Bezos’ stake in Amazon, after their divorce in 2019.

In December MacKenzie Scott wrote in a blog post that stated that she would no longer include any amounts of that she had “donated since my prior posts.” She wanted to let each “incredible team speak for themselves first if they choose to.” She added that she hoped that the media would focus on their contributions rather than hers, if they chose to highlight her donation.

In a press release Habitat for Humanity said that the “incredibly generous gift” would help them to substantially “increase capacity and implement programs that would create a ripple effect as they impact communities across generations.

CEO Jonathan Reckford who called MacKenzie Scott’s donation a “tremendous gift” also said that the donation had allowed the organization to “meaningfully advocate for the systemic and societal changes” that are necessary so that there is an improvement in equitable access to affordable housing.”

MacKenzie Scott got married to Dan Jewett in 2021. He is a science teacher at Lakeside School in Seattle. MacKenzie Scott and Jeff Bezos’ children study in the same school.

(Photo: Twitter)

Subscribe to get Latest News Updates

Latest News

You may like more
more

Advance Auto Parts Downgraded to Sell Amid Earnings Miss and Weak Outlook

CFRA analysts downgraded Advance Auto Parts (NYSE:AAP) from Hold...

Guggenheim Reiterates Buy Rating on Cabaletta Bio Amid Promising Data

Guggenheim analysts reaffirmed a Buy rating and a $23...

Goldman Sachs Initiates Neutral Coverage on Doximity, Highlights Balanced Growth Potential

Goldman Sachs analysts initiated coverage on Doximity (NYSE:DOCS) with...

JPMorgan Downgrades bluebird bio to Underweight Following Q3 Results

JPMorgan analysts downgraded bluebird bio (NASDAQ:BLUE) from Neutral to...