TradeBriefs Editorial

From the Editor's Desk

The Inside Story of MacKenzie Scott, the Mysterious 60-Billion-Dollar Woman

Amazon's first employee, Jeff Bezos's ex-wife, and one of the world's richest women is rewriting the philanthropy playbook

While Jeff Bezos was building Amazon from a garage into one of the most powerful companies on earth and becoming the richest businessmen of this age, the world knew very little about his wife, MacKenzie, a novelist and a mother of four who helped start Amazon from that garage. Even after their divorce last year, accompanied by a public affair and scandal, thrust MacKenzie Scott (the name she took after the split) into the spotlight, she remained a private and elusive figure. Now, Scott, one of the richest women in the world, a billionaire tens times over, announced in July that she was giving away $1.7 billion to a wide swath of nonprofits, from historically Black colleges to a crisis text line. The gift was stunning in scale and in approach: Scott was making a mark as a new kind of philanthropist.

With a gift of that size, Scott could've built a cancer center, had a museum wing named after her, made a college rededicate itself in her name. Or, like virtually every other person who's made significant amounts of money from tech, she could've created an organization to dole out grants based on her notions about how best to fix social issues. She chose another route.

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