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MacKenzie Scott Renews Giving After Unloading $8 Billion of Stock [Yahoo! Finance]
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Most Read from Bloomberg Under Trump, Prepare for New US Transportation Priorities Zimbabwe City of 700,000 at Risk of Running Dry by Year-End Saudi Neom Gets $3 Billion Loan Guarantee From Italy Export Credit Agency Sace The Urban-Rural Divide Over Highway Expansion and Emissions The donation, made in late October to community-development organization Local Initiatives Support Corp., or LISC, is her largest known gift so far in 2024. The year has otherwise been relatively quiet for someone who usually gives away billions of dollars annually. That may change after Scott, the ex-wife of Amazon founder Jeff Bezos, unloaded more than 45 million shares in the online retailing giant, according to a filing last week. Those shares were worth nearly $8.4 billion as of Sept. 30, the date reported on the filing. She's worth $39.4 billion, according to the Bloomberg Billionaires Index. Scott, 54, is famous for her large grants to small nonprofits with little of the red tape that's
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