Mackenzie Scott Net Worth: Biography, Income, Career

Mackenzie Scott Net Worth: Biography, Income, Career
Mackenzie Scott Net Worth: Biography, Income, Career

Most of Mackenzie Scott net worth comes from his 3% stake in Amazon, the world’s largest online retailer.  Her stake, which she agreed to during her divorce from Amazon founder Jeff Bezos, was first disclosed in a filing with the Securities and Exchange Commission on April 4, 2019. 

She is credited with a 3% stake based on the company’s 2022 proxy filing, which showed Jeff Bezos had proxy voting power over 14.7 million shares as of May 2022.  The number of shares has been adjusted to reflect a 20:1 stock split in June 2022.

Who Is Mackenzie Scott?

Mackenzie Scott is an American writer, philanthropist, billionaire and ex-wife of Amazon founder and multi-billionaire Jeff Bezos, one of the richest people in the world. 

The former wife of Jeff Bezos, the founder of Amazon and the second-richest person on Earth, she has made a name for herself through her philanthropy, having donated a total of $12 billion to date.

Scott is a major shareholder in Amazon, the world’s largest online retailer.  The Seattle-based company sells electronics, home goods and other products through its flagship website. 

It also controls the Whole Foods grocery chain and offers cloud computing and streaming services.  Amazon’s revenue in 2021 was $469.8 billion.

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Mackenzie Scott Early life & Education

Mackenzie Scott Tuttle was born in April 1970 in San Francisco, California, and grew up in Marin County, across from the Golden Gate Bridge.  She grew up in her family home in San Francisco’s Pacific Heights neighborhood with her father and mother.

Her father ran an investment consulting firm and her mother was a homemaker.  Mackenzie attended Hotchkiss School in Lakeville, Connecticut during her high school years.

Her father was the subject of an SEC investigation into his financial firm, and he ended up filing for bankruptcy to avoid prosecution.  Her parents then moved to Florida and her father failed in his attempt to open another financial firm.

After the SEC concluded its investigation, it banned Mackenzie’s father from doing business in the financial sector. After high school, McKenzie enrolled at Princeton University to study English.

She graduated from Princeton University in 1992, studying English under renowned author Toni Morrison.

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Mackenzie Scott Early Career

Mackenzie Scott was born in San Francisco, California on April 7, 1970.  She attended the Hotchkiss School in Connecticut before earning a BA in English from Princeton University in 1992.  She studied under and was an assistant to renowned author Toni Morrison.

Scott began working as a research associate at D.E.  Show in New York in 1992.  There she met Jeff Bezos and they married in 1993.  She moved to New York shortly after taking a job at a hedge fund, although her passion was to become a writer. 

While working at a hedge fund as an administrative assistant, she met a colleague, Jeff Bezos, who was a senior vice president.  Their courtship was very short—only three months later they were engaged.  They got married in 1993.

Bezos was determined to create an online e-commerce store, and he started his empire by selling books.  Scott was integral to his success and moved with him when he moved to Seattle to make his e-commerce dream a reality. 

The initial name of this company was Cadabra, but it was soon changed to Amazon.

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What Is Mackenzie Scott Net Worth?

With a net worth of 53 billion dollars, Mackenzie Scott is one of the richest women in the world. 

After the divorce, Scott signed the Philanthropy Pledge, pledging to give away at least half of her fortune during her lifetime, and has since given away billions of her dollars to social equality organizations large and small. 

Among the recipients — and receiving a $20 million gift — is Spelman College, a historically black women’s liberal arts college.  As of today, Scott’s real-time net worth is $29.4 billion, making her the 45th richest person in the world. 

Those two figures fell in the months after the property was first handed over to CCF, though not solely because of the donated house.  At the time, Scott’s fortune was $37.8 billion, and she was the 29th richest person in the world.

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Mackenzie Scott’s Real Estate Portfolio

According to Forbes.com, Scott, who was married to Bezos for 25 years, ended their marriage with Bezos’ 25% stake in Amazon, equivalent to a 4% stake in the online giant.  Full ownership of the 2.5-acre estate was granted to Scott in the marriage settlement.

The property, which consists of two combined lots, was acquired in separate deals 10 years apart, one in 2007 and the other in 2017.  The total value of the Bezos amounted to 37 million dollars. 

The component that made up the previous transaction was previously owned by Rick Guerin, an investor and former business partner of Warren Buffett.  According to Dirt, he built the house in the 90s and sold it to Bezos in the mid-2000s.

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Mackenzie Scott’s Personal Life

After 25 years of marriage, Scott and Bezos separated amicably.  The couple has three sons and a daughter. 

At the time of the divorce, his net worth was $136 billion, while her net worth was approximately $35.6 billion. The couple agreed to let Jeff retain the voting rights in the stock he transferred to her.

When the divorce was finalized, Scott, who announced she was dropping Bezos from her name in 2020, reportedly walked away with 25 percent of her former billionaire’s fortune in the form of Amazon stock, worth about $36 billion. 

After their split, she gave him her stake in Bezos-owned aerospace company Blue Origin and The Washington Post, as well as voting control of her Amazon stock.  The couple, who have four children, hold the record for the most expensive divorce in history.

Conclusion

According to Forbes, Mackenzie Scott current net worth is $57.5 billion after she received a quarter of Amazon shares in 2019 after divorcing her husband.  That made her richer than tech tycoons like Michael Dell, owner of Dell Computers, and Jack Ma, once China’s richest man.

Mackenzie Scott has given away more of her wealth than any philanthropist in recent memory.  According to Forbes, after the divorce, she paid 5.8 billion dollars to various foundations.

Mackenzie Scott Net Worth FAQs

How Did Mackenzie Scott Accumulate Her Net Worth?

Scott’s wealth largely comes from her divorce from Amazon founder Jeff Bezos.  She signed a donation pledge, promising to give more than half.  Forbes now estimates her fortune at $27 billion.

Who Is Mackenzie Scott Currently Married To?

In 2021, Scott remarried to Dan Jewitt, a science teacher at Lakeside School in Seattle.  She filed for divorce on September 26, 2022.  According to the New York Times, the couple has a separation agreement on the division of marital property, which Jewitt is not contesting.

References

finty.com – Mackenzie Scott Net Worth

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