MacKenzie Scott trimmed her Amazon stake by almost $13 billion, one of the biggest drops since her 2019 split from Jeff Bezos

"MacKenzie Scott has sold nearly half her Amazon stake, according to a filing disclosed this week. A regulatory filing with the SEC, filed Tuesday and dated September 30, shows that Scott's ex-husband, Amazon founder Jeff Bezos, reported holding 81.1 million shares on Scott's behalf. That's down from about 139 million shares a year earlier and one of the steepest drops since the couple split in 2019. At Tuesday's closing share price, the reduction is equivalent to roughly $12.6 billion."

"Scott, 55, has spent the past five years giving away her fortune at an extraordinary pace. Through Yield Giving, she donated about $2 billion in gifts to 199 organizations in 2024, bringing her total lifetime giving to about $19.25 billion, according to her website. Her approach is notable for its speed and simplicity: she offers unrestricted grants to small and midsize nonprofits, allowing them to use the money however they see fit."

"The filing doesn't specify whether the decline reflects stock sales, charitable transfers, or both, but it marks a major shift for one of the world's most generous philanthropists. Bezos remains the reporting party because he continues to exercise voting power over Scott's shares under the terms of their divorce. An email from Business Insider to Yield Giving, Scott's philanthropic platform, seeking comment received an automatic response."

A regulatory SEC filing dated September 30 reports MacKenzie Scott's Amazon holdings declined to 81.1 million shares from about 139 million a year earlier, a roughly 42% reduction. At Tuesday's closing share price, that decline equates to about $12.6 billion. The filing does not specify whether the drop reflects stock sales, charitable transfers, or both. Jeff Bezos remains the reporting party because he retains voting power over Scott's shares under their divorce terms. Scott has given away about $19.25 billion since 2019 and donated roughly $2 billion to 199 organizations in 2024 through Yield Giving. Her giving model focuses on rapid, unrestricted grants to small and midsize nonprofits, allowing recipients full discretion in using funds.

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