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Jeff Bezos' ex-wife, donated $1.7B on Wednesday, By Friday, she'd made it all back

Posted on 8/1/20 at 9:31 pm
Posted by Street Hawk
Member since Nov 2014
3596 posts
Posted on 8/1/20 at 9:31 pm
quote:

MacKenzie Scott (formerly MacKenzie Bezos) announced Wednesday that she had donated $1.7 billion to 116 different organizations tackling a variety of social issues.

By Friday afternoon, the value of her stake in Amazon had grown so much that she is is now richer than she was before the gift, according to CNBC's Robert Frank.


Scott, an author by trade, became a billionaire following her 2019 divorce from Amazon CEO Jeff Bezos. Scott received 25% of Bezos' stake in the e-commerce giant, minus voting control, after helping him found the company in 1997.

Scott has a net worth of $60.8 billion, per Bloomberg's latest available estimate.

The value of Amazon shares has skyrocketed during the pandemic, helping Bezos' net worth reach new all-time highs, too.

The $1.7 billion gift is likely only the start of Scott's philanthropic efforts. She signed the Giving Pledge in 2019.

LINK
This post was edited on 8/1/20 at 9:46 pm
Posted by nugget
Abrego Garcia Fan
Member since Dec 2009
15671 posts
Posted on 8/1/20 at 9:37 pm to
I feel like he could have bought a lot better pussy for $60,800,000,000.00
Posted by PeteRose
Hall of Fame
Member since Aug 2014
17848 posts
Posted on 8/1/20 at 9:37 pm to
quote:

Scott has a net worth of $60.8


that .8 is pretty deceptive since it equals to 800 million dollars.
Posted by FulshearTiger
Member since Jul 2015
5294 posts
Posted on 8/1/20 at 9:38 pm to
quote:

that .8 is pretty deceptive since it equals to 800 million dollars


This made me laugh. That's pretty goddamn ridiculous
Posted by WestCoastAg
Member since Oct 2012
149479 posts
Posted on 8/1/20 at 9:39 pm to
quote:

that .8 is pretty deceptive since it equals to 800 million dollars.
if that ain't perspective I don't know what is
Posted by OysterPoBoy
City of St. George
Member since Jul 2013
43065 posts
Posted on 8/1/20 at 9:39 pm to
Just like Brewsters Millions.
Posted by Poichess
Member since Jun 2019
1123 posts
Posted on 8/1/20 at 9:44 pm to
If Amazons Ex has 60 billion, Etsy is worth atleast 10 billion right?
Posted by diat150
Louisiana
Member since Jun 2005
47227 posts
Posted on 8/1/20 at 9:45 pm to
I couldn’t imagine going from being a normal working person trying to start a company to 60 billion. That’s hard to process.
Posted by SG_Geaux
Beautiful St George, LA
Member since Aug 2004
80518 posts
Posted on 8/1/20 at 9:47 pm to
That's a good looking woman.
Posted by East Coast Band
Member since Nov 2010
66950 posts
Posted on 8/1/20 at 9:48 pm to
Wonder what organizations will be having newly planned "conferences" in Aspen, instead of Des Moines, now after the donation
Posted by Breesus
House of the Rising Sun
Member since Jan 2010
69531 posts
Posted on 8/1/20 at 9:54 pm to
Fart
This post was edited on 8/1/20 at 9:57 pm
Posted by Aristo
Colorado
Member since Jan 2007
13292 posts
Posted on 8/1/20 at 9:55 pm to
quote:

That's a good looking woman.



Take away that money and she's an OT 3 at best.
Posted by fightin tigers
Downtown Prairieville
Member since Mar 2008
76343 posts
Posted on 8/1/20 at 9:55 pm to
Supposedly she is the one that made the big donation to Xavier this week.
Posted by jlovel7
NOT Louisiana
Member since Aug 2014
23848 posts
Posted on 8/1/20 at 10:00 pm to
That same increased net worth though could be gone tomorrow. It isn’t liquid cash.
Posted by Shiftyplus1
Regret nothing that made you smile
Member since Oct 2005
14268 posts
Posted on 8/1/20 at 10:00 pm to
You can buy a lot of federal judges and politicians with that much money.
Posted by SuperSaint
Sorting Out OT BS Since '2007'
Member since Sep 2007
148321 posts
Posted on 8/1/20 at 10:06 pm to
quote:

instead of Des Moines, now after the donation
Posted by Saint Alfonzo
Member since Jan 2019
28352 posts
Posted on 8/1/20 at 10:22 pm to
quote:

That same increased net worth though could be gone tomorrow. It isn’t liquid cash.


I would have to cash out of Amazon. 60 billion, straight cash homie.
Posted by DownSouthCrawfish
Lift every voice and sing
Member since Oct 2011
40609 posts
Posted on 8/1/20 at 10:23 pm to
She should let me hold .1 of that 60.8.
Posted by Junky
Louisiana
Member since Oct 2005
9074 posts
Posted on 8/1/20 at 10:27 pm to
She also busted arse to make Amazon what it is today.

Good for her.
Posted by jlovel7
NOT Louisiana
Member since Aug 2014
23848 posts
Posted on 8/1/20 at 10:31 pm to
quote:

I would have to cash out of Amazon. 60 billion, straight cash homie.



Maybe better for money board. But could you even successfully liquidate that much stock at that price? At that volume would it crash the stock?
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