US EditionMacKenzie 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.
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16 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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