NEWS
Breaking News: Elon Musk takes aim at MacKenzie Scott again for giving billions to liberal causes, calling the gifts ‘concerning’…see more
Scott, the ex-wife of Amazon’s founder, Jeff Bezos, has donated over $19 billion to more than 2,450 nonprofits since 2019 via her Yield Giving organization.
Her net worth remains above $30 billion thanks to the rising value of her Amazon shares. “So she’s just getting started,” LeFevre wrote.
Musk reposted the critique along with a single word: “Concerning.” In May 2022, Musk said the Democratic Party was sidelining his companies because Scott had donated to political action committees “posing as charities.”
He also said that she disliked Bezos and that this was resulting in many other people “getting caught in the crossfire.” Schmitz said Scott was giving strategically, investing more directly, and relying on consultants to ensure she gave to the best nonprofits in an area.
He noted, however, that she was letting the recipients decide how to spend their gifts and hadn’t tied up her fortune in a grant system or foundation.
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