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MacKenzie Scott Sells 42% of Amazon Stake, Redirects Focus to Philanthropy

MacKenzie Scott Sells 42% of Amazon Stake, Redirects Focus to Philanthropy

Author:

Global Cryptocurrency

Published:

2025-10-15 06:55:02

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BTCCSquare news:

Amazon's stock (AMZN) dipped 2% to $216.39 on Tuesday following revelations that MacKenzie Scott, ex-wife of founder Jeff Bezos, liquidated 42% of her stake over the past year. The sale, valued at approximately $12.55 billion based on Tuesday's closing price, marks one of her largest divestments since their 2019 divorce. Regulatory filings show Scott now holds 81.1 million shares, down from 139.1 million a year ago.

Bezos retains majority control with over 964 million shares, including voting rights tied to Scott's remaining holdings. Amazon has not publicly commented on the transactions. Scott's $36 billion divorce settlement has fueled her philanthropic efforts, with her Yield Giving foundation distributing $19.25 billion to 2,400+ organizations focused on education, healthcare, and gender equality.

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