The Economic Times

MacKenzie Scott donated two Beverly Hills homes she bought with ex-husband Jeff Bezos; the $55 million gift helped fund affordable housing in Los Angeles

In a remarkable act of philanthropy, billionaire MacKenzie Scott donated two luxurious Beverly Hills residences worth $55 million to the California Community Foundation in 2022. The foundation intends to sell these homes and allocate the proceeds towards affordable housing projects, particularly benefiting Los Angeles County. Additionally, some funds will support immigrant settlement initiatives in the area, underscoring Scott's commitment to community development.