The Latest Breaking News from MacKenzie Scott

Couple married in 2021 after Ms Scott divorced her first husband, Amazon founder Jeff Bezos

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.

Scott, one of the most reclusive and generous U.S. philanthropists, appears to be addressing criticism about her lack of accessibility for legitimate nonprofits.

Philanthropist MacKenzie Scott says her donations have yielded more than $14 billion in funding for about 1,600 nonprofits since 2019, according to her long-awaited website Yield Giving, unveiled Wednesday night

A controversy at railroad BNSF reveals concerns about how Warren Buffett and other billionaire philanthropists earn their fortunes.

The finalists for Time magazine’s 2022 Person of the Year include world leaders, Iranian protesters and last year’s selection, Elon Musk.

The Dallas Area Habitat for Humanity is using part of the $9 million gift it received from philanthropist MacKenzie Scott in March to provide its staff members a new employee benefit — $13,500 in the form of a forgivable loan to help with a down payment or closing costs on…

The “very generous donation will most certainly help change lives,” CPS spokeswoman Mary Fergus said.

FTX, an exchange for trading cryptocurrencies, quickly became bankrupt and defunct in November 2022. Its founder, Sam Bankman-Fried, is broke, and the 30-year-old former billionaire could be in serious legal trouble for his alleged financial improprieties. The Conversation asked Brian Mittendorf, an accounting scholar at The Ohio State University, to…