MacKenzie Scott Net Worth

MacKenzie Scott is an American novelist, philanthropist, investor, and activist. She is the third richest woman in the United States. She owns a 4 percent stake in Amazon.

MacKenzie Scott net worth is $36 billion. She is known for being the wife of Amazon’s founder Jeff Bezos. According to Forbes in 2021, MacKenzie Scott was one of the most powerful women in the world. She has been the executive director of an anti-bullying organization, Bystander Revolution. She is the signatory of The Giving Pledge. 

Early Life

MacKenzie Scott Tuttle was born on 7 April 1970, in San Francisco, California. Her father Jason Baker Tuttle ran a financial investment company. At age six, she wrote a 142-page book, The Book Worm. She attended Hotchkiss School. In 1992,  She completed her bachelor’s in English from Princeton University. In 1992, she worked as a research assistant for Toni Morrison’s novel Jazz.

Career

MacKenzie was the first employee of Amazon. During the early days of Amazon, she was working on the company’s name, accounts, shipping early orders, and business plans of the company. She negotiated the company’s first freight contract. Jeff and MacKenzie brainstormed many products that could be sold online, they drove Volvo across the United States spitballed ideas, and wrote his e-commerce business plan on a laptop. Eventually, Jeff settled on books. During the launch, the business was named Cadabra, later it was renamed Amazon. 

Her first book was Testing of Luther Albright, which was released in 2005. It took her almost ten years to complete this book. She published her third novel Traps, in 2013. She also published her review on “The Everything Store: Jeff Bezos and the Age of Amazon”. 

At the time of Amazon’s IPO, in 1997, after adjusting backward for stock splits, Amazon ended its first day of trading at $2 a share. If you had invested in Amazon at IPO, today you would have over $15 million. At the Company’s IPO, Jeff owned 20% of the company, out of which 4% was transferred to MacKenzie as a divorce settlement. 

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Personal Life

MacKenzie’s dream was to become a novelist, so she moved to New York. She worked as an administrative assistant at D.E Shaw. She assisted Jeff Bezos. 

In 1993, Jeff Bezos married MacKenzie Scott. They have four children.

She is now married to Dan Jewett, a high school chemistry teacher. She married Dan in 2021.

MacKenzie lives in Seattle with her husband and her four kids. 

Earnings and Divorce Settlement

At the time of their divorce announcement, Jeff Bezos’s net worth was $136 billion. On 4 April 2019, Jeff and MacKenzie announced their divorce, and Scott was given 4% of the company, roughly 20 million shares. At the time of the transfer, the shares were worth $35.6 billion. MacKenzie agreed to allow Jeff to retain all voting rights over her shares. On 26 August 2020, MacKenzie Scott’s net worth was $67 billion, due to Amazon’s stock moving from $1900 to $3400 in just six months. At that time she was the richest woman in the world. MacKenzie Scott net worth is $36 billion. 

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