MacKenzie Bezos sells $400M in stock after pledge to give away billions
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Amazon CEO Jeff Bezos’ ex-wife, MacKenzie Bezos, has divested herself of about $400 million worth of the Amazon stock she received as part of the couple’s divorce settlement — potentially providing the wherewithal for the charitable activities she’s planning.
There’s no indication what the proceeds were used for, but shortly after the divorce was announced, MacKenzie Bezos said she signed the Giving Pledge, which commits her to giving half her fortune to philanthropic causes.
[Yahoo News]
This entry was posted in Grantmaking, Philanthropy by Grant Montgomery.