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Ex-wife of Amazon founder Jeff Bezos donates $2.7BN to charity

MacKenzie Scott, the billionaire philanthropist known for her impromptu donations to charities and racial equity causes, has given 2.7 billion Dollars to 286 organisations.

Ms. Scott, the ex-wife of Amazon founder Jeff Bezos, wrote in a post on the website Medium that she and her husband Dan Jewett made the donations to enable the recipients to continue their work and as a “signal of trust and encouragement” to them and others.

She made clear in her announcement that she is troubled by the increasing concentration of vast wealth among a small proportion of individuals.

She and Mr. Jewett worked with a team of researchers and philanthropy advisers “to give away a fortune that was enabled by systems in need of change”.

“In this effort, we are governed by a humbling belief that it would be better if disproportionate wealth were not concentrated in a small number of hands and that the solutions are best designed and implemented by others,” Ms. Scott said.

The 286 organisations chosen in the most recent donations included “equity-oriented” non-profits working in neglected areas and were selected from a rigorous process of research and analysis, Ms. Scott said.

The latest recipients range from universities — including 40 million Dollars apiece to the University of Central Florida and the University of Texas at San Antonio — to refugee resettlement groups and civil rights groups, as well as arts and culture organisations suffering from the coronavirus pandemic and non-profits.

It is the third round of no-strings-attached philanthropic gifts Ms. Scott has made.

In 2020, Ms. Scott made two similar announcements, donating a combined 6 billion Dollars to COVID-19 relief, gender equity, historically black colleges and universities and other schools.

ABC news

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