By David Nadelle
According to a U.S. Securities and Exchange Commission report, Bezos filed two common stock transactions totaling 1.9 million shares as contributions to charitable organizations on Nov. 3 and Nov. 4, 2022.
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To some, Bezos’ philanthropy is quite notable among his peers — but as Forbes indicated, a few of his fellow billionaires are outpacing him in this regard.
While Forbes doesn’t count future donation promises (like the Bezos Earth Fund’s $10 billion commitment) or “black box” gift transactions (which might be transactions to a donor-advised fund that requires no legal “donation,” per se), it is estimated that Bezos has given away $2.4 billion to charities in his lifetime.
This might seem like an enormous total, but it’s around what most multi-billionaires give — less than 5% of their personal fortunes.
In contrast, Bezos’ ex-wife, MacKenzie Scott, has committed big donations to Planned Parenthood and the Boys & Girls Club of America ($275 million and $281 million, respectively) per Forbes. In total, she’s awarded $12.7 billion in donations to more than 1,200 organizations since 2020. Scott is listed as one of nine members of the Forbes 400 who have given away more than 20% of their wealth to charity.
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