How Much Is MacKenzie Scott Net Worth In 2022?

0
mackenzie scott net worth
Pic credit- theverge.com

Do you know who Mackenzie Scott is and what her net worth is? You may have heard about her charity donations and popularity due to her being a novelist. In this celebrity’s net worth article, we have discussed everything you need to know about Mackenzie Scott, how she met Jeff Bezos, and how they divorced. Additionally, we will also discuss Mackenzie Scott Net Worth and share a few figures with you to know her net worth and things that are popular for her. 

Who Is Mackenzie Scott and how much is her Net Worth?

Mackenzie Scott was born on April 7, 1970, and she is turning 52 this April. She was born in San Francisco, California, United States. Mackenzie Scott is a popular American female for her profession, novelist. Mackenzie Scott Net Worth is approximately $57 billion.

Mackenzie Bezos:

Do you know that Mackenzie Scott was formerly known as MacKenzie Bezos? She is a United States novelist, activist, and philanthropist. Do you know that she has donated $6 billion to charity in 2020? Yes, she did. Otherwise, her net worth would be much higher than $57 billion. 

Mackenzie Scott wants to spend most of her life donating to charity throughout her lifetime.

mackenzie scott net worth
Pic credit- unilad.co.uk

July 13, 2020:

According to many people, it was the most surprising moment of her life. On this day, she became the richest woman globally, breaking the Amazon record of $3,300 a share. However, it couldn’t even last for a full day! Of course, she couldn’t hold the title of the richest woman in the world, even for a full day. 

The trading day ended with Amazon’s sunk-down percentage. After a few months, she donated a huge amount to charity, and now it’s difficult for her to regain this title.

Mackenzie Scott And Jeff Bezos:

Mackenzie Scott was the wife of Amazon’s founder Jeff Bezos from 1993 to 2019. Of course, they got children together, and Jeff was the richest man since 2018.

A Few Facts About This Couple:

  • Mackenzie Scott and Jeff Bezos got married one year before he found Amazon.
  • She used to drive the car throughout the country while Jeff was writing a business plan for Amazon.
  • They used to be called couples from 1993 to 2019.
  • Mackenzie Scott had received around 20 million Amazon shares in their divorce.
  • She had signed “The Giving Pledge” immediately after their settlement.
  • In 2020, MacKenzie Scott Net Worth increased by $25 billion.
See also  Advantages Of Investing In IPOs Over Secondary Markets

Mackenzie Scott’s Early Life:

As we know, this lady was born in San Francisco, California, in April 1970, but she grew up in Marin County, across the Golden Gate Bridge. MacKenzie Scott’s father, Jason Baker Tuttle, had run his financial investment company.

She went to Hotchkiss School in Lakeville for her high school, but in her junior year, her parents went bankrupt because her father had become the subject of a securities and exchange commission probe. So, they moved to Florida, and her father tried to start a new financial company but didn’t succeed, and he wasn’t allowed to open a new financial company. 

MacKenzie Scott Net Worth:

MacKenzie Scott graduated from Princeton, went to New York to become a novelist, and worked at the hedge fund D.E. Shaw to fulfill her needs till her dream came true. Her job role was as an administrative assistant. She assisted many, and one of them was the senior vice president, and fellow Princeton alum, Jeff Bezos. Their office was divided by a wall. She graduated to work under Bezos as a research associate. They met in 1992 and started dating for three months before getting engaged and married in 1993. At that time, Jeff was 29.

Amazon:

When they married, Jeff was curious about the development of the “World Wide Web.” That’s why Jeff came to know that he could succeed with an online eCommerce store. So, he began with books to try this business. MacKenzie Scott was happy to support him and found a new business, and they both quit their jobs in 1994 and moved to Seattle to pursue his internet dream, and she drove a Volvo, and Jeff was behind in the passenger seat to write his business idea.

mackenzie scott net worth
Pic credit- townandcountrymag.com

Brainstorming/Founding Amazon:

It was the most influential part in deciding MacKenzie Scott Net Worth. They both brainstormed about various saleable products and started with the books. The initial name of their business was Cadabra and changed to the Amazon, which referenced the Amazon River. 

They founded Amazon on July 5, 1994, with a $300,000 Angel Investment from Jeff’s parents. MacKenzie worked as a bookkeeper and the secretary of Amazon.

MacKenzie Novelist Career:

During the establishment of Amazon, Mackenzie Scott took night classes of fiction writing from the University Of Washington. It took almost a decade, but finally, she launched her fictional novel, ‘The Testing Of Luther Albright.” This book sold more than 2,000 copies. Of course, it wasn’t so big, but it was good for the first copy.

See also  3 Things to Consider Before Buying an Electric Bike

She launched her next book in 2013 with the title “Traps.”

MacKenzie Scott Is Billionaire:

She became a billionaire due to Amazon. This company launched its IPO on May 15, 1997, and it was the time when the Amazon share price was $2. But it’s quite huge today. If you had invested $2 in Amazon at its first IPO, your $2 would be more than $3,000. 

When Amazon offered its first IPO, Jeff had 20% shares of Amazon. Before his divorce, he owned 16% of Amazon’s shares. He became a billionaire in 1998, and in 2015, he hit $50 billion, and in 2018, he had $100 net worth. 

In June 2015, his net worth hit $50 billion for the first time. In January 2018, it topped $100 billion for the first time, and in July 2018, it topped $150 billion. His net worth has fluctuated between $150 and $200 billion in recent years.

mackenzie scott net worth
Pic credit- michigansportszone.com

Divorced Settlements:

MacKenzie and Jeff Bezos, on January 9, 2019, announced that the couple was divorcing after 25 years. At that time, Jeff’s net worth was $136 billion. But according to the news, she must have half of all the assets that Jeff had. It means she might have received stocks of $70 billion and other assets.

They finally divorced and declared that MacKenzie Scott received only 20 million Amazon shares. It’s 4% of the overall company value. It means that the share was worth $36.5 billion, but Jeff had 60 million shares.

MacKenzie Scott’s Philanthropy:

Did you understand how MacKenzie Scott’s Net Worth increased after her divorce? Let’s discuss her philanthropy. She shared two major announcements in an article on July 28, 2020. The first was her name changing from MacKenzie Bezos to MacKenzie Scott, and the second was her donation of 1.7 billion to 116 charities. She also donated $4.2 billion to 384 charities after a few months.

It kept fluctuating her net worth.

Wrapping Up:

Have you understood what you should know about Mackenzie Scott Net Worth? We discussed her earlier life, meeting with Amazon’s Jeff Bezos, assisting him, dating him, marrying him, divorcing him, and how her net worth fluctuates. We also discussed that once in her lifetime, she became the richest woman in the world due to the rise in the prices of Amazon shares. We also discussed how she pursued her novelist career.

Facebook Comments Box

LEAVE A REPLY

Please enter your comment!
Please enter your name here