In this March 4, 2018, file photo, then-MacKenzie Bezos arrives at the Vanity Fair Oscar Party in Beverly Hills, Calif. Scott, philanthropist, author and former wife of Amazon founder Jeff Bezos, has married a Seattle science teacher. Dan Jewett wrote in a letter to the website of the nonprofit organization the Giving Pledge, on Saturday, March 6, 2021, that he was grateful to be able to marry such a generous person and was ready to help her give away her wealth to help others. (Photo by Evan Agostini/Invision/AP, File)
MacKenzie Scott, philanthropist, author, and former wife of Amazon founder Jeff Bezos, has married a Seattle science teacher who expressed gratitude “for the exceptional privilege it will be to partner in giving away assets with the potential to do so much good when shared."
Dan Jewett, who made the announcement in a letter to the website of the nonprofit organization the Giving Pledge on Saturday, said he never imagined he would be in a position to talk about giving away significant wealth during his lifetime in order to make a difference in other people's lives.
Jewett has been a teacher for decades and most recently taught chemistry at the private Lakeside School, where Scott's children attended.
“And now, in a stroke of happy coincidence, I am married to one of the most generous and kind people I know — and joining her in a commitment to pass on an enormous financial wealth to serve others," Jewett wrote.
After donating $1.68 billion to 116 nonprofits, universities, community development groups, and legal organizations last July, Scott asked a team of advisers to help her “accelerate” her 2020 giving with immediate help to those financially gutted by the pandemic.
Scott went on to donate a total of $5.7 billion in 2020 by asking community leaders to help identify 512 organizations for seven- and eight-figure gifts, including food banks, human-service organizations, and racial-justice charities.
She was listed as No. 2 among the 50 Americans who gave the most to charity last year, according to the Chronicle of Philanthropy’s annual rankings.
Bezos topped the list by donating $10 billion to launch the Bezos Earth Fund.
Exercise equipment maker Peloton is attempting to run away from a recent bout of controversy. CEO John Foley published an open letter to employees on Thursday after reports that said Peloton was pausing production of its Bike and Tread products, delaying the opening of a new U.S. factory, and considering job cuts. In the letter, Foley wrote that the information in the reports was 'incomplete,' 'out of context,' and not reflective of Peloton's strategy. Peloton's stock responded on Friday, with shares bouncing back after falling nearly 24% in the regular session on Thursday. CFRA Research's Director of Research Ken Leon joined Cheddar News' Closing Bell to discuss.
Home essentials maker Outlines announced its launch at the beginning of 2022, along with $1 million in pre-seed funding led by Social Impact Capital. Outlines says it is re-imagining how we keep our homes clean while also reducing plastic waste. The company's debut product, the Shower Liner System, is made of long-lasting materials, including easy-to-recycle plastic. Outlines co-founder and CEO Luke Young and co-founder and COO Megan Ceryanec joined Cheddar News' Closing Bell to discuss.
Simeon Siegel, managing director and senior analyst at BMO Capital Markets joins Cheddar News to discuss CNBC's report that Peloton plans to halt production, despite the company's CEO denying those claims.
Mona Zhang, states cannabis policy reporter at POLITICO Pro joins Cheddar News to discuss major factors that caused Canada's retail marijuana sales to drop last year.
Jackie Rotman, founder and CEO of the Center for Intimacy Justice joins Cheddar News to talk about why Facebook is banning ads by companies targeting women's sexual health but not ads catered to men.
The NCAA has updated its policy on transgender athletes, allowing each sport’s national governing body to make its own decisions for transgender participation. The new rule is in line with recent changes from the U.S. and International Olympic and Paralympic Committees. Joanna Hoffman, communications director of Athlete Ally, joined Cheddar News to discuss the potential impact of the new rule on the transgender community.
"Saturday Night Live" alum Will Forte is hosting the late-night comedy show this weekend alongside musical guest, Måneskin. Forte, who spent a decade working on the iconic NBC show, is currently starring in "MacGruber," the SNL-sketch-turned-movie that is now streaming on Peacock as a tv series.
TikTok recently announced that it is testing a paid subscription model. The news comes days after Instagram publicized a similar service. TikTok has made $2.3 billion from in-app purchases, but mostly through tips, in 2021, showing that its users may be open to spending money on the platform.
The NCAA voted to streamline their constitution at their annual convention on Thursday. Each of the three college divisions can decide how student-athletes can make money from outside sources but still restricts schools from directly paying its players.
