Recently, the largest individual gift in the history of the Boys & Girls Club of America was given. Who made the $281 million donation that broke the organization’s records?

The massive contribution was made by Mackenzie Scott. She is a novelist, philanthropist, and the ex-wife of Amazon founder, Jeff Bezos. 

Scott’s gift is the largest of all time that the Boys & Girls Club has ever received from a single person.

However, the $281 million donation this is just the latest of Mackenzie Scott’s philanthropic actions. 

Giving more back 

According to Forbes’ real-time wealth tracker, Mackenzie Scott is worth $46.2 billion. This makes her the third richest woman in the world. She is not keeping it to herself either. 

The record-breaking $281 million donation to the Boys & Girls Club of America is just the most recent in a series of generous gifts to youth organizations. Other groups she has aided financially are the National 4-H Council and Communities in Schools. 

Mackenzie Scott
Source: Mackenzie Scott Official Instagram Page

Forbes also calculates that Scott has donated a total of $9.2 billion over the past two years.

But she would never tell you that herself.

As of December 2021, Mackenzie Scott has officially stated she would no longer publish her donations. 

“I want to let each of these incredible teams speak for themselves first if they choose to, with the hope that when they do, media focuses on their contributions instead of mine.”

— Mackenzie Scott

Philanthropic trend

I hate to use the word “trend” in regards to something as admirable as contributing to charity, but Mackenzie Scott is not the only one doing great things. 

The Amazon-builder signed the Giving Pledge for the record-breaking $281 million donation after some of the richest people in the world promised to donate half their wealth in their lifetime. The billionaires who have made this pledge include Elon Musk, Mark Zuckerberg, Warren Buffet, and Bill and Melinda Gates.

It is exciting to see what kind of good that kind of money can do in the world, and it inspires me to do more. 

Disclosure: This content is intended to be used for educational and informational purposes only. Individual results may vary. You should perform your own due diligence and seek the advice from a professional to verify any information on our website or materials that you are relying upon if you choose to make an investment or business decision. Investment, real estate, and business involve great risk and there is no guarantee of performance or results. 

We are not attorneys, investment advisers, accountants, tax professionals or financial advisers and any of the content presented should not be taken as professional advice.  We recommend seeking the advice of a financial professional before you invest, and we accept no liability whatsoever for any loss or damage you may incur.

Previous articleHow to Hire Great People
Next articleInflation and How to Beat It
Star of Discovery Channel’s “Undercover Billionaire,” Grant Cardone owns and operates seven privately held companies and a private equity real estate firm, Cardone Capital, with a multifamily portfolio of assets under management valued at over $4 billion. He is the Top Crowdfunder in the world, raising over $900 million in equity via social media. Known internationally as the leading expert on sales, marketing, and scaling businesses, Cardone is a New York Times bestselling author of 11 business books, including “The 10X Rule,” which led to Cardone establishing the 10X Global Movement and the 10X Growth Conference, now the largest business and entrepreneur conference in the world. The online business and sales educational platform he created, Cardone University, serves over 411,000 individuals and Forbes 100 corporate clients throughout the world. Voted the top Marketing Influencer to watch by Forbes, Cardone uses his massive 15 million plus following to give back via his Grant Cardone Foundation, a non-profit organization dedicated to mentoring underserved, at-risk adolescents in financial literacy, especially those without father figures.