MacKenzie Scott cuts Amazon stake by 42%; now holds $12.6bn; prioritises equity work


MacKenzie Scott has significantly reduced her Amazon stake, cutting holdings by nearly 42% to $12.6 billion. This reduction occurred despite Amazon's stock performance and follows her extensive philanthropic efforts, which have heavily focused on diversity, equity, and inclusion initiatives. The exact reasons for the stake reduction, whether sales or donations, remain unspecified.

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