MacKenzie Scott donates $436 million as Bezos piles up wealth
Author and philanthropist MacKenzie Scott has donated $436 million to Habitat for Humanity, according to an announcement from the charity housing. Meanwhile, Scott’s ex-husband Jeff Bezos continues his midlife crisis, hoarding of wealth, and anti-union. And his cock rockets. Don’t forget the carbon spit cock rockets.
Bezos, worth about $187 billion, has been heavily criticized for his lackluster charitable donations, despite being the second richest person in the world. In contrast, Scott gave much more money versus net worth since his divorce from Bezos in 2019. Ad it doesn’t look like she’s going to stop anytime soon.
Scott, who is worth about 54 billion dollars, made a donation on $9 billion to hundreds of organizations since his divorce, according to a Bloomberg News tally in end of 2021. And it doesn’t even include the money she gave in secret. VSOrganizations include educational nonprofits, LGBTQ+ rights groups, public health organizations, and countless others.
At the end of 2020, Scott donated $4.2 billion to help people in difficulty during the covid-19 pandemic, including to food banks, charities for debt reliefand civil rights groups. And Habitat for Humanity, like every other organization Scott has donated money to, is extremely grateful.
“This incredibly generous donation will allow us to dramatically increase our capabilities and implement programs that will have a multigenerational impact on communities in the United States and on our global mission for many years to come,” said Jonathan Reckford, CEO of Habitat for Humanity International. in one declaration.
“Through this donation, Habitat is well positioned to meaningfully advocate for the systemic and societal changes needed to improve equitable access to affordable housing,” Reckford continued.
How did Bezos earn a reputation for amassing wealth by the shovel? For exemple, Bezos donated just $500,000 at the Baby2Baby charity gala late last year, which reportedly drew groans from the crowd during his announcement, according to vanity lounge. Baby2Baby is an annual event that raises funds for children living in poverty. And $500,000 is nothing for a man worth hundreds of billions.
Bezos gave $10 billion to his own organization in 2020, which was billed as the biggest charitable donation of the year, but you should always be skeptical when the wealthy donate to their own organizations rather than an outside group. . It is often just tax evasion and the money often goes unspent, sometimes for decades.
If you dig deeper into Bezos’ $10 billion”donation” to his own charity, you will find fair $790 million was actually distributed to real charities related to climate change immediately afterwards, according to Fortune magazine. And it turns out $10 billion won’t be fully distributed until 2030. Another $443 million of its $10 billion pledge was distributed in December 2021, generating new titles as if it were a whole new gift. But it all came from the same pot of money he committed to in 2020. Quite a publicity stunt, if you ask us.
What is $10 billion over 10 years when you have $187 billion? Pocket change. MacKenzie Scott shames her ex-husband in the philanthropy department. And Habitat for Humanity is grateful for the donation.
“This donation gives us the opportunity to increase and improve equity in our work, policies, practices and programs across our organization, our affiliate network, but most importantly in the communities with which we engage,” Natosha Reid Rice, head of global diversity, equity and inclusion at Habitat, said in a statement of Scott’s generous donation.
“We look forward to bringing together diverse groups of people to focus on ways to address the systemic racism and injustices in the housing sector that continue to limit access and harm people of color.”
You know what helps to redistribute money when billionaires aren’t as generous as MacKenzie Scott? Wealth taxes. But good luck getting that passed in an environment where Republicans view Joe Biden as a full-fledged communist.