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MacKenzie Scott cuts Amazon stake by 42%, Bloomberg News reports
MacKenzie Scott reduced her Amazon holdings by 42%, worth about $12.6 billion, continuing her philanthropic efforts that have totaled over $19 billion since 2019.
- On Tuesday, MacKenzie Scott, philanthropist and former spouse of Jeff Bezos, cut her Amazon stake by 42%, disclosed in an SEC filing valued at about $12.6 billion.
- Scott has given away over $19 billion since 2019, including about $2 billion to 199 organizations in 2024 through Yield Giving.
- Her share count fell from about 139 million a year earlier, one of the steepest drops since Jeff Bezos, Amazon founder, and MacKenzie Scott, former spouse of Bezos, finalized their divorce in July 2019 in Washington state.
- The filing does not specify whether the decline reflects stock sales, charitable transfers, or both, while observers say the cut may signal fresh giving or a strategic move.
- Amazon shares have more than doubled since early 2019, boosting MacKenzie Scott's residual holdings while Jeff Bezos remains the reporting party by exercising voting power over her shares.
14 Articles
14 Articles
MacKenzie Scott has cut her stake in Amazon by 42%—worth nearly $13 billion—as the billionaire casually donates over $110 million to DEI causes
After the billionaire philanthropist Mackenzie Scott ended up with about 4% of Amazon, she’s given away $19 billion over the past five years, with over $100 million to DEI causes in the past few months.
The Independent
The Independent (US)Bezos’s ex-wife MacKenzie Scott cuts her Amazon stake by almost half
MacKenzie Scott donated more than $2 billion last year through her charity, Yield Giving
MacKenzie Scott trimmed her Amazon stake by almost $13 billion, one of the biggest drops since her 2019 split from Jeff Bezos
MacKenzie Scott made her biggest Amazon stock cut since her 2019 divorce from Jeff Bezos.Jörg Carstensen/picture alliance via Getty ImagesMacKenzie Scott cut her Amazon stake by 42%, one of the biggest drops since her split from Jeff Bezos.The reduction, disclosed in an SEC filing Tuesday, equals about $12.6 billion at current prices.Scott has given away over $19 billion since 2019 through her no-strings-attached philanthropy.MacKenzie Scott has…
MacKenzie Scott cuts Amazon stake by 42%: Report
MacKenzie Scott has significantly reduced her Amazon stake, selling 58 million shares since last year, a reduction valued at $12.55 billion. This move comes after she received a 4% stake in the e-commerce giant during her 2019 divorce from Jeff Bezos. Scott has since donated over $19.25 billion to numerous non-profit organizations.
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