Forbes: The most powerful woman

FORBES published the list of the 100 most powerful women in the world, and the first position was taken by MacKenzie Scott, the ex-wife of Jeff Bezos. 

Dec 8, 2021 - 16:34
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Forbes: The most powerful woman

FORBES published the list of the 100 most powerful women in the world, and the first position was taken by MacKenzie Scott, the ex-wife of Jeff Bezos. MacKenzie Scott left Kamala Harris, Christine Lagarde, Marry Garra, and Melinda Gates behind.

In an article about the world's most powerful woman, Forbes' Maggie McGrath writes that Scott received huge funds after her divorce from Bezos, which she quickly began to distribute to charity.

"Three years ago MacKenzie Scott was the author, wife, and mother of four who started an anti-abuse group and helped her husband run Amazon in the '90s. She stayed in the shadows - but then divorced Jeff Bezos, got a quarter of his stake in Amazon and almost immediately began planning how to give it all away. "I have a disproportionate amount of money to share," she wrote in May 2019 when she signed a pledge of donation, vowing to donate at least half of her fortune to charity, writes McGrath.

"Scott has not only started to keep her word but is doing so at record speed and with complete control over where her money is going. In just over two years, Scott, worth $ 57 billion, has given $ 8.6 billion to 780 organizations promoting issues that include gender equality, racial justice and public health.She has done so without an office and postal address, and there is no evidence that she has a full-time staff. Instead, she works with her husband Dana, researchers and consultants at Bridgespan. She has no board of directors (which we know of) and, since she does not donate through a charity, there are no reporting requirements either, ”McGrath states.

By comparison, the Gates Foundation, which has nearly 1,800 employees, earned $ 5.8 billion in grants in 2020. Scott distributed just over $ 5.8 billion that year. And, most importantly, it uses a “no limit” philosophy, which means that any organization can use the funds as it sees fit, the Forbes author concludes.