Billionaire

MacKenzie Scott Reduces Amazon Stake by 42% While Accelerating DEI Philanthropy

Philanthropist MacKenzie Scott has reportedly reduced her Amazon stake by 42% while accelerating her charitable giving. Recent regulatory filings indicate the billionaire has directed over $110 million specifically toward diversity, equity and inclusion initiatives through her groundbreaking philanthropic approach.

Substantial Reduction in Amazon Holdings

Billionaire philanthropist MacKenzie Scott has reportedly reduced her stake in Amazon by 42%, representing approximately $12.6 billion at recent closing prices, according to regulatory filings analyzed by Bloomberg. Sources indicate this marks a significant shift in how Scott manages the wealth she obtained following her divorce from Amazon founder Jeff Bezos in 2019.

by Natalie BrooksOctober 15, 2025

Business Higher Education

Jeff Bezos College Advice: Why Gen Z Should Think Twice Before Dropping Out

Amazon founder Jeff Bezos cautions Generation Z against following college dropout success stories, emphasizing that Bill Gates and Mark Zuckerberg represent rare exceptions. The billionaire entrepreneur argues that corporate experience and formal education significantly improve entrepreneurial success odds.

Amazon founder Jeff Bezos has issued a stark warning to Generation Z considering following in the footsteps of college dropouts like Bill Gates and Mark Zuckerberg, emphasizing that these iconic entrepreneurs represent the exception rather than the rule. Speaking at Italian Tech Week 2025, the billionaire stressed that while dropout success stories capture headlines, the practical path to entrepreneurial achievement typically involves completing education and gaining corporate experience first.