Mackenzie Scott Net Worth: Is She Richest Woman In The World?

Mackenzie Scott Net Worth: Is She Richest Woman In The World? American novelist, philanthropist, and activist MacKenzie Scott (previously MacKenzie Bezos). MacKenzie Scott has a $34.8 billion fortune as of this writing. Her wealth would be far greater if she hadn’t given out $6 billion to charity in 2020 alone. Most of her wealth will be donated while she is still alive. Her charitable work will be discussed in greater detail below.

When Amazon’s stock price surpassed $3,300 on July 13, 2020, MacKenzie became the wealthiest woman in the world. In reality, she did not retain the honour for the entire day. After the close of trading, Amazon’s stock price had dropped by a significant margin, handing the day’s victory to Francoise Bettencourt-Meyers. It became considerably more challenging for MacKenzie to preserve her status as the richest woman in the world after she began donating billions of dollars to charity a few months later.

She was married to Amazon entrepreneur Jeff Bezos from 1993 until this year. A total of four offspring have been born to Jeff and MacKenzie. Over the course of twenty years, Jeff has amassed a fortune of over a billion dollars, making him the world’s wealthiest individual in 2018.

Mackenzie Scott

Net Worth: $34.8 Billion
Date of Birth: Apr 7, 1970 (52 years old)
Place of Birth: San Francisco, California, U.S.
Gender: Female
Profession: Novelist

Mackenzie Scott Early Life

MacKenzie Scott Tuttle entered the world in April of 1970 in San Francisco, California. She is a native of Marin County, which is located to the north of San Francisco. They also had a house in the Pacific Heights area of San Francisco. Her dad, Jason Baker Tuttle, was the head of a successful investing firm.

MacKenzie finished secondary school at the Hotchkiss Institution in Lakeville, Connecticut. Her father was the focus of a Securities and Exchange Commission investigation during her junior year, which led to the family filing for bankruptcy. Her father attempted to launch a new financial profession in Florida, where the family eventually relocated. It didn’t take long before her dad was unable to start a new bank or investment firm. The judge in Florida said no because of the family’s history of excessive spending.

MacKenzie went to Princeton University to major in English when she graduated from high school. In 1992, she completed her formal education. At Princeton, she took a creative writing class taught by Toni Morrison. MacKenzie would go on to be called “one of the best students I’ve ever had” by Morrison.

Mackenzie Scott Divorce Settlement

After 25 years of marriage, Jeff and MacKenzie Bezos announced their separation on January 9, 2019. We previously mentioned that the couple tied the knot in 1993, a full year before Jeff started the company that would bring him billionaire status.

Jeff was worth $136 billion when he and his wife announced their separation. Since all of Jeff’s assets were obtained during their marriage, MacKenzie may have been entitled to half of them. If so, MacKenzie might have received up to $70 billion in stocks and other assets.

Mackenzie Scott Top Richest Person

Heading into 2020, MacKenzie was the fifth richest woman in the world. Here’s a list of the richest women in the world as of January 1, 2020:

  • #1: Francoise Bettencourt-Meyers – $62 billion (L’Oreal heiress)
  • #2: Julia Flesher Koch – $60 billion (David Koch’s widow – Koch oil)
  • #3: Alice Walton – $53 billion (Walmart founder Sam Walton’s daughter)
  • #4: Jacqueline Mars – $42 billion (Mars candy)
  • #5: MacKenzie Bezos – $37 billion

After the market closed on August 26, 2020, here’s how that very same list stacked up:

  • #1: MacKenzie Bezos – $67 billion
  • #2: Francoise Bettencourt-Meyers – $66 billion
  • #3: Alice Walton – $56 billion
  • #4: Julia Flesher Koch – $52 billion
  • #5: Jacqueline Mars – $37 billion

Mackenzie Scott Top Richest Person

Mackenzie Scott Philantrophy

MacKenzie made two important announcements in a blog post she published on July 28, 2020. MacKenzie Scott, not MacKenzie Bezos, was the first major change she made public. Rather than being her birth-given first name, “Scott” was her paternal grandfather’s given middle name.

MacKenzie also said that he has given $1.7 billion to 116 different organizations. On December 15, 2020, just a few months later, MacKenzie stated that she had given $4.2 billion to 384 different charities. MacKenzie declared her goal to be:

Mackenzie Scott Second Marriage

MacKenzie announced her marriage to high school physics and chemistry teacher Dan Jewett in March 2021. Dan is a faculty member at the prestigious Lakeside School, from which notable graduates include Bill Gates and Paul Allen.

She wrote about it on her Giving Pledge page and mentioned that her new spouse had agreed to her pledge. The Amazon CEO sent his best wishes to the married couple through a company representative, saying, “Dan is such a fantastic guy, and I am delighted and excited for both of them.”

MacKenzie has even changed her author bio on Amazon to reflect that she “lives in Seattle with her four kids and her spouse, Dan.”

Mackenzie Scott Net Worth To Achieve Billionaire Status

Amazon held its initial public offering on May 15th, 1997. Amazon’s first day of trading resulted in a closing price of $2 per share after retroactively accounting for stock splits. Buying just one share of Amazon now will set you back almost $3,000.

Just so you know, if you had put $10,000 into Amazon during its IPO, you’d have nearly $15 million now.

When Amazon went public, Jeff held 20% of the company. He periodically liquidated shares of stock over the years. Jeff’s stock transactions have netted $70 billion as of this writing. He had 16% of Amazon stock prior to the divorce settlement.

In June of 1998, Jeff became the youngest person ever to reach the billionaire rank. He was valued at $10 billion at the height of the dot-com bubble. As the market crashed, his wealth dropped back to $2 billion.

A milestone in his fortune was reached in June 2015, when he crossed $50 billion. For the first time ever, it hit $100 billion in January 2018. It surpassed $150 billion in July of 2018. His wealth has shifted between $150 and $200 billion over the past few years.

In 2020 on July 13th, Amazon’s share price momentarily surpassed $3,300. MacKenzie would be the wealthiest woman on the planet if the price of a single bitcoin were to exceed $3,255. In other words, as of the 13th of July, 2020, MacKenzie Bezos was the wealthiest woman on the planet.

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