MacKenzie Scott Cuts Amazon Stake by 42% Over the Past Year

Reported 2 days ago

Billionaire philanthropist MacKenzie Scott has reduced her stake in Amazon.com by 42% over the past year, now holding 81.1 million shares, down from 139 million. This reduction is valued at approximately $12.55 billion. Following her 2019 divorce from Jeff Bezos, Scott received a 4% stake in Amazon, but he retains voting authority over her holdings. Scott has been noted for her philanthropic efforts, donating over $19 billion to various nonprofits in recent years.

Source: YAHOO

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