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MacKenzie Bezos pledges half of her fortune to charity

May 29, 2019 05:26 AM

COURTESY TOI MAY 29

MacKenzie Bezos pledges half of her fortune to charity
MacKenzie Bezos, the former wife of Amazon.com Inc chief executive officer Jeff Bezos, pledged on Tuesday to give half of her $36 billion fortune to charity, following a movement founded by billionaires Warren Buffett and Bill and Melinda Gates.

Bezos, whose former husband is the world’s richest man, was one of 19 people on Tuesday to join the “Giving Pledge,” a campaign announced in 2010 by Berkshire Hathaway Inc’s Buffett and Microsoft Corp co-founder Bill Gates. It calls for the superrich to give away more than half their fortunes during their lifetimes or in their wills.


“In addition to whatever assets life has nurtured in me, I have a disproportionate amount of money to share,” MacKenzie Bezos said in a statement dated Saturday. “My approach to philanthropy will continue to be thoughtful. It will take time and effort and care.”

MacKenzie Bezos became the world’s third-richest woman, according a financial magazine, acquiring a 4% stake in Amazon worth about $36 billion when she and Jeff Bezos announced their divorce settlement on April 4. Jeff Bezos, whose net worth was estimated by Forbes at $131 billion this year, was quick to support his ex-wife’s endeavor. “MacKenzie is going to be amazing and thoughtful and effective at philanthropy, and I’m proud of her,” he said on Twitter

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