Tuesday, January 10, 2023

MacKenzie Scott is shaking up philanthropy's traditions. Is that a good thing?

MacKenzie Scott, billionaire philanthropist. Last month she announced that her donations since 2019 have totaled more than $14 billion and helped fund around 1,600 nonprofits. But as much as the scale, it is her untraditional style of giving that is causing a stir.

Donations often come with rigorous applications and reporting requirements. Billionaire MacKenzie Scott, who divorced Jeff Bezos in 2019 and vowed to give away most of her fortune, does it her way.

(Image credit: Jörg Carstensen/picture alliance via Getty Images)

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