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The Most Generous Billionaire: How MacKenzie Scott Is Changing Philanthropy

MacKenzie Scott became one of the world's richest women after her 2019 divorce from Amazon founder Jeff Bezos, receiving around $36 billion. Read More...

MacKenzie Scott, the novelist-turned-philanthropist, became one of the world’s richest women after her 2019 divorce from Amazon founder Jeff Bezos, receiving around $36 billion in Amazon stock. But instead of building a flashy empire, Scott took a radically different path — one that’s redefining what it means to be a billionaire. She pledged to give away at least half her fortune and quickly began making historic donations.

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Since then, Scott has donated more than $17 billion to over 2,000 nonprofit organizations, with a focus on causes such as social justice, education, and economic equity. Her giving is not only generous but also strategic, designed to empower marginalized communities and support long-term change.

The impact of her donations has been described as transformational. In 2024 alone, she contributed $2 billion, continuing her trust-based approach with no strings attached. Her model prioritizes speed, flexibility, and impact, helping nonprofits advance their missions without the delays or restrictions that often accompany major funding.

Unlike many high-profile philanthropists, Scott rarely seeks the spotlight. Her donations are large and come without naming rights, public recognition, or complex application processes. Instead, she and her small team proactively identify nonprofits — often led by women, people of color, and grassroots leaders — that are typically overlooked by traditional funders. They then issue large, unrestricted grants, giving recipients the freedom to use funds as they see fit.

In a 2020 blog post announcing $1.7 billion in donations, Scott wrote that her giving is guided by a belief that “people who have experience with inequities are the ones best equipped to design solutions.” That conviction underpins her entire philanthropic strategy.

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Scott’s giving style breaks nearly every mold of traditional philanthropy. She moves quickly, sidestepping the bureaucracy of legacy foundations. Instead of building a large institution, she works through a donor-advised fund and a lean, data-driven team.

Her donations are also enormous in scale. In one round in 2021, she gave away about $2.74 billion to 286 organizations, which is more than many foundations distribute over a decade. Most importantly, her trust-based approach allows nonprofits to invest in long-term planning, infrastructure, and community-led solutions. Research shows this kind of unrestricted funding improves organizational resilience and multiplies impact.

Scott’s unprecedented level of giving is rooted in personal conviction, empathy and a deep sense of moral responsibility. She has consistently acknowledged the privilege of her wealth and the obligation she feels to redistribute it.

In her Giving Pledge letter, MacKenzie Scott expressed a clear and unwavering commitment to philanthropy, writing that she would “keep at it until the safe is empty.” That statement underscores her intent not just to give generously, but to do so urgently and consistently and with urgency, reflecting a lifelong dedication to using her wealth as a tool for broad and lasting impact.

Scott’s background as a novelist has also shaped her philanthropic lens. With a foundation in literature and storytelling, she brings a human-centered perspective to her giving. She blends data with compassion, prioritizing lived experience over metrics and supporting those most directly affected by inequality.

This people-first mindset stands in contrast to the more analytical approach often seen among tech and business leaders. Moreover, Scott operates with a moral clarity that drives her to support underrepresented communities. She has committed significant unrestricted support to nonprofits led by women, people of color, and grassroots leaders, aiming not only to help but to shift power dynamics and bolster systemic equity.

In an age where inequality is rising and social challenges are urgent, Scott’s model feels refreshingly direct and arguably more effective. Her model prioritizes speed, flexibility and autonomy —  a stark contrast to many billionaire philanthropists who often spend years debating how or whether to give and building legacy foundations weighed down by bureaucracy. 
Scott is quietly distributing her wealth at an unprecedented pace. Her generosity has already transformed thousands of lives, and over time, it may reshape how the world’s wealthiest view their responsibility to society.

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This article originally appeared on GOBankingRates.com: The Most Generous Billionaire: How MacKenzie Scott Is Changing Philanthropy

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