As the green transition and fourth industrial revolution spawn massive social disruption, two new types of bond have been developed to "save the day" – the social bond and the sustainable bond
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Diane Dimond
MacKenzie Scott has achieved what no other philanthropist has. With no massive Gates Foundation-like staff to assist her, she sought out some of the neediest charitable groups in the nation and donated nearly $6 billion to them.
Six billion dollars. Think of that. Think of how much good can be achieved by the beneficiaries: food banks, social service programs, civil rights groups, colleges and universities. The United Way, Goodwill, Easterseals, the NAACP and the YWCA organizations were also among those receiving Scott’s surprise donations.
Where did Scott get so much money? After 25 years of marriage to billionaire Jeff Bezos, the couple divorced, and she received more than $38 billion in shares of Amazon stock, a company she helped her husband create. Scott has vowed to give away half her fortune, which has now grown to more than $60 billion.
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