Jeff Bezos’ Ex-Wife MacKenzie Scott Donates Millions Of Dollars to 3 HBCUs, The Largest Donation In Schools’ History
MacKenzie Scott – ex-wife of Amazon founder, Jeff Bezos – is using her wealth for a good cause. As the third richest woman in the world with a $36 billion net worth, MacKenzie Scott put a staggeringly large amount of money into three HBCUs (historically Black colleges and universities) – Howard University, Hampton University, and Xavier University of Louisiana. All three schools have said this has been the largest donation they’ve received in their respective schools’ history!
MacKenzie, 50, gave this statement on her pledge to donate to marginalized communities:
“I began work to complete my pledge with the belief that my life had yielded two assets that could be of particular value to others: the money these systems helped deliver to me, and a conviction that people who have experience with inequities are the ones best equipped to design solutions.”
Xavier University accepted $20 million from the Amazon stake-holder:
“The institution is known for its long history of producing more African American MDs than any other institution in the United States, also federal judges, civil rights attorneys, renowned artists and musicians, business leaders, and elected officials – serving on local, state and national levels.”
Howard University’s president, Wayne A. I. Frederick explained how they plan to utilize’s MacKenzie Scott’s generous donation:
“I would like to thank Ms. Mackenzie Scott for her investment into Howard University and our 153-year mission of serving a diverse community of dynamic scholars who come here for an education and leave here with purpose to serve the world. We plan to immediately put this eight-figure gift to good use to support components of our 5-year strategic plan to help students graduate on time, retain our talented faculty, enhance our campus infrastructure and support academic innovation and entrepreneurship.”
What do you think about the billionaire’s donation to Black schools? Let us know in the comments.