Mackenzie Scott Donates Her Two Beverly Hills Mansions Worth $55 Million To Charity
Mackenzie Scott Donates Her Two Beverly Hills Mansions Worth $55 Million To Charity
American novelist and philanthropist MacKenzie Scott has donated two Beverly Hills homes to charity for a total of $55 million.
MacKenzie Scott / Photo credit: Elena Seibert
Last month, the California Community Foundation (CCF) announced that Scott, 52, donated “two single-family residences valued at $55 million”.
She transferred the two Beverly Hills mansions to the foundation on July 29.
The first home was purchased by Scott and her ex-husband Jeff Bezos in 2007 for $24.45 million. The second home was purchased by the couple in 2017 for $12.9 million.
“The cost of housing stands out as one of the most critical issues affecting the lives of millions of Los Angeles residents. A priority for Ms. Scott, the primary focus of the $55 million will be to permanently endow grantmaking efforts to benefit Angelenos in need of affordable housing,” CCF said in a statement.
Scott, whose estimated net worth is $37 billion, still owns 4% of Amazon after selling $8.5 billion in company stocks. She has so far donated more than $12 billion to charitable causes and groups.
Earlier this year, Scott donated $436 million to Habitat for Humanity.
Last year she announced donations of $2.7 billion to nearly 300 organizations.
