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The Economic Times
The Economic Times
National

MacKenzie Scott donated two Beverly Hills homes she bought with ex-husband Jeff Bezos; the $55 million gift helped fund affordable housing in Los Angeles

MacKenzie Scott Jeff Bezos Los Angeles Beverly Hills CCF the California Community Foundation Los Angeles County

Billionaire philanthropist MacKenzie Scott turned two luxury Beverly Hills homes worth about $55 million into a major affordable housing donation in Los Angeles.

Scott, the former wife of Amazon founder Jeff Bezos, donated the two properties to the California Community Foundation (CCF) in 2022. Instead of keeping the homes as private residences, the foundation planned to sell them and use most of the proceeds for affordable housing across Los Angeles County.

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