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Topics: Jeff Bezos, US News, Amazon
Rachel Lang
Topics: Jeff Bezos, US News, Amazon
Mackenzie Scott's donated Beverly Hills home has sold for USD$37 million (AUD$54.6 million, £31.1 million) and she is donating the majority of the proceeds to charity.
The ex-wife of Amazon founder Jeff Bezos won the property in their divorce settlement and she's opted to get rid of it and give out the cash to people less fortunate.
A massive 90 per cent of the sale will go to the California Community Foundation, which will be divided up into affordable housing grants and an immigrant integration program.
According to Yahoo, Scott donated the property in July, along with another home, and it's now been picked up by celebrity music producer Mike Caren.
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The sale also means Scott's charity blitz is achieving new heights.
Scott, 52, revealed which charities had benefited from her giving ways in a recent blog post.
Scott has given away the billions she obtained in the divorce at a breakneck speed, having already donated a whopping $14.4 billion (AUD$21.4 billion, £12.2 billion) to charity.
Her donations dwarf Bezos' lifetime donations of a measly USD$2.4 billion (AUD$3.5 billion, £2 billion).
In fact, Scott has given away USD$2 billion (AUD$2.9 billion, £1.6 billion) worth of her fortune in the last seven months.
Bezos and Scott's former property sits on 2.5 acres of sprawling grounds in Beverly Hills, the Daily Mail reports.
The property includes a 12,000-square-foot main Spanish-style main residence, built in the 1990s.
The guesthouse alone is 4,500-square-foot guesthouse, with the whole property boasting a massive 13 bedrooms and 14 bathrooms.
There's also a swimming pool with full-on lanes so you don't have to slum it with regular folk at the local YMCA, a full-size tennis court, patios for outdoor entertaining, and parking for a whole fleet of cars.
Not to be bested by his ex-wife, Bezos recently announced plans to give away the majority of his USD$126.9 billion (AUD$187.8 billion, £107 billion) fortune.
The 58-year-old announced the plans in a new interview, explaining that he wants to donate the bulk of his money to philanthropic causes after earning billions in part by founding Amazon in 1994.
The donation will go towards fighting climate change, as well as supporting people who can unify humanity as social and political divisions continue to create barriers between members of the public.
Speaking to CNN from his home in Washington, DC, Bezos and his girlfriend, Lauren Sánchez, said the pair are building the capacity to be able to give away this money'.
When asked directly whether he plans to donate the majority of his wealth within his lifetime, Bezos responded: "Yeah, I do."
However, Bezos declined in the interview to detail a specific percentage of his wealth or identify where it would be donated to.
Bezos and Sánchez have committed, however, to donating $10 billion, which works out to around just eight percent of his current net worth, to the Bezos Earth Fund.