“Political Activism” - Bezos' Ex-Wife Has Given $26.3 Billion to Charity
Episode Stats
Harmful content
Misogyny
11
sentences flagged
Summary
Mackenzie Scott has given away more than $26 billion to charities over the past few years, making her one of the biggest individual donors in history. But not everyone sees her work in the same way. Elon Musk, who recently became the world s first trillionaire, thinks she s actually making the world worse off.
Transcript
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This Mackenzie Scott, $26 billion, she's given to charity after a divorce.
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I don't know if you guys have seen this or not, if you want to pull up the list for me to read this to you.
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$26 billion of money that was given to charity.
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Elon Musk said on McKinsey giving away the $26 billion of her fortune.
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There's a tweet that breaks down exactly where the money went to.
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So McKinsey, after all that she's given away, more than $26 billion the past few years,
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of thousands of organizations through her foundation, Yield Giving,
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while many of her recipients had never received a donation of that side,
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Elon Musk, who recently became the world's first trillionaire,
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thinks Scott's Giving is actually making the world worse off.
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On June 27, puberty, a major viral media and social news brand posted on X
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that Scott's Giving $26.3 billion in donations has made her one
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of the biggest individual donors in history, the ex-wife of Amazon, Jeff Bezos,
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mega-donor, then an account with 22,500 followers
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with the name of Friendly Officer, this is Yahoo Finance,
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whose bio describes as heterosexual alpha male replied to Puberty Post about Scott saying,
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unfortunately, she's spending it making the world a worse place.
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Then Musk responded, agreeing with the statement, sadly.
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Yes, Musk is fresh off losing his history, making trillionaire status,
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and is still comfortably the world's most richest man in the world.
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Yet he's been outspoken about how supposedly hard philanthropic giving is
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after securing his trillion-dollar pay package from Tesla in late 2025.
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and I think we should try to do things that help our fellow human beings.
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He told in an interview, he says, but it's very hard.
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He explained that he thinks it's simply challenging to give away money well.
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The biggest challenge I find with my foundation
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is trying to give away money in a way that is truly beneficial to people.
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It's very easy to give money away to get appearance of goodness,
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It is very difficult to give money away for the reality of goodness.
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I find it very, very difficult to ensure that the dollars go where they say.
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I mean, right now there are, and I can show you the watch lists,
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there are things out there where they're cautioning people about organizations
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organizations that really aren't helping, uh, Venezuela. Uh, and, um, I'm going back and forth
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on my neck, um, or guy said, I'm trying to help my grandmother. Do you know any of the relief
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agencies? Do you guys trust any of them? My family is, can't get to her. We can't fly to her and we
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want to somehow get relief to her, but we've done research and we can't find the good agencies or
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someone doing it, we've been warned off of the ones we found. So there is a perfect example.
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Now take the organized crime of, you know, charities where you can find these charity
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watch groups, Pat, that find out that 80% of a donation gets tied up in administration and
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running in the marketing of the charity and 20 cents on the dollar actually gets to save the
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whales. It's horrible. And so what I look at from what Elon Musk just said, the appearance of
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goodness is easy. Go to a dinner, stand in front of a logo sheet and take your picture. But getting
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actual goodness to help people that are truly in need that you wanted to help them with something
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is very, very, very difficult. I mean, even Oprah, Oprah tried to do the whole school in Africa
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and she was no one wants to talk about it but she was kind of not as sharp about how it was done
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and there were people there that kind of took advantage of the situation and the school went
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broke it didn't work you see this yeah the school didn't work so you even have someone like oprah
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who maybe really wanted to do something for a girls school or whatever it was in africa
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Wasn't Gates did the computer labs at public schools in the United States?
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So it's very, very hard to get the traction done to have something sustainable.
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Number one, $275 million of our money went to Planned Parenthood.
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$51 million went to the Trevor Project for the LGBTQ youth, okay?
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Transgender youth, $1.2 billion for racial equity education.
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$586 million to racial justice groups, including Movement for Black Lives.
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$163 million to LGBTQ organizations, including Transgender Law Center.
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200 million to open border immigration groups are you kidding me well this isn't charity it's
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political donation of course it is so she gets to call it charity and look like she's helping
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society but this is this is not elon your thoughts on this yeah i think it's it's political activism
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i do think it's very very very hard to as you scale up a charity to make a measurable difference
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i do think in cases like this it's just a loophole to fund these organizations that then go and
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to affect social policy, a social engineer of society.
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You see a pattern with these mega billionaire founders who die or get a divorce and where
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The same thing was with Steve Jobs' wife, with a wife.
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She did the same thing, where the money went to.
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When you go and see where some of this money went to, it goes to the same type of organizations.
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The people who didn't build it end up giving the money to organizations that are all this leftist organizations.
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And here she is using a tax loophole to avoid paying taxes.
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I think the only way to scale up something like this is to have your own foundation, have a lot of oversight.
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There's just so much room for abuse when you're growing a charity.
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You're assuming that she wants to do it honestly.
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If you did theoretically, you really, really got to start small.
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It's much easier to function charitably on a small level, impact personal people's lives.
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I think things like GoFundMe are even ripe with abuse, unfortunately.
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But even people who do have an honest want to help people out.
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I mean, look at what happens with homeless or drug abuse.
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You throw tons and tons of money at it to people who really want to do something about homelessness,
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and all it does is make the problem even bigger.
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I think that's what Elon Musk was getting at, the idea that we throw money at things without trying to evaluate whether or not it's working simply because we're trying to reward the emotional status of the donor herself in this case.
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What was the name of that organization that was doing the international operations that Elon Musk started poking at before?
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There's a whole ecosystem of money that's essentially invisible that funds things like protests and fake psyops.
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So it's a huge political mechanism to kind of shape how society thinks and shape the results on the ground.
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So I think it's by design, it's very invisible, but it's like the primary way to launder money.
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Yeah, let me give you, tell me if you see a pattern here.
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These are the biggest donors, women of all time, to charity.
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Joan Kroc, and you got Lauren Powell Jobs, Steve Jobs' ex.
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Look, people can do whatever they want with their money.
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They can do whatever the hell they want to do with their money
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It tells me you need to really get serious about a prenup.
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Leaving a Legacy by Jonathan Kurtz, if you haven't yet.
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devastating what ended up happening to the money.
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to the money if you've never read this go read the book go to on amazon and order this book
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call your lawyer get a prenup or post nuptial setup in place and explain why and if somebody
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you want to get married to you have money that you've made if they don't agree to it don't get
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married yeah i'm telling you right now don't get married and and move to a friendlier state it's a
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very weird time when you're going out there building everything with your family and you
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Everything you've got going on and then one day something like this happens
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and you've got to give this money and that money.
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No, I think you've got, and by the way, the same thing applies with kids.
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If you have a, you know, we had Morgan & Morgan on, John Morgan, funny guy.
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He was on and he says, in our family, he has four kids, three or four kids.
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I don't know, can you go to see how many kids he has?
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Just go down on his, guys, you've just got to go lower on, yeah, four kids.
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So when you, he says, whenever in our family, if any of my kids gets married to anybody,
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If they don't, it's okay, but you get nothing from the trust.
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And so if the wife says, I don't want to do it, don't worry about it, sweetheart.
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