Get all your news in one place.
100's of premium titles.
One app.
Start reading
The Economic Times
The Economic Times

MacKenzie Scott’s $26 billion philanthropy journey, inspired by a college book, stands apart from Warren Buffett and Bill Gates and Melinda French Gates' approach to giving

MacKenzie Scott took a different path from Warren Buffett, Bill Gates and Melinda French Gates after becoming one of the world's wealthiest women. While the three billionaires helped create the Giving Pledge to encourage wealthy people to donate most of their fortunes, Scott developed her own approach to philanthropy, focused on giving money quickly and trusting organisations to decide how it should be used. Surprisingly, the idea behind her approach can be traced back to a passage she had underlined years earlier in a college book.

ALSO READ: Jeff Bezos’ ex-wife MacKenzie Scott, who sold half her Amazon stake, helped erase $40 billion in medical debt with $100 million in donations

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.