Dossier
Yield Giving
Coverage of Yield Giving in the Nexus archive.
- The MacKenzie Scott paradox: How a bull market lets billionaires give away tens of billions without getting poorer
MacKenzie Scott has donated over $26 billion through her philanthropy platform Yield Giving since 2019, but her net worth remains stable due to appreciation in her Amazon stock holdings. The article explains how concentrated equity wealth, like her 4% Amazon stake, can sustain large-scale giving while preserving wealth, contrasting her with other billionaires like Jeff Bezos and Michael Bloomberg.
- Elon Musk is bashing MacKenzie Scott's giving once again
Elon Musk criticized MacKenzie Scott's philanthropy, agreeing with posts that her $26 billion in donations to non-profits has negatively impacted the world. He also faces criticism for cuts to US foreign aid.