World’s richest man and Tesla CEO Elon Musk has expressed his reservations over donations of $16 billion (Rs 1, 36,000 crore) in the past five years from MacKenzie Scott, ex-wife of Jeff Bezos. The billionaire has raised his concerns over philanthropic activities. A huge amount as donation has sparked a debate.
Scott is known for her generosity and philanthropic approach. She has pledged an important amount through her Yield Giving initiative. Scoot is being praised for her philanthropic efforts, Musk has apprehension over the nature of such donations and their wide impact.
Musk expressed his reservations after a few social media posts raised questions about Scott’s donations, which she attributes to racial equity, immigrant rights, and LGBTQ justice. The posts sparked concerns about whether she is genuinely focused on these global issues or if her funding supports causes that promote divisive ideologies.
Entrepreneur John LeFevre claimed in a post that she is offering primary benefits to NGOS and creates jobs for individuals who have expensive degrees. Musk backed the post and expressed his concerns on Scott’s funding manner.
Scott’s massive charitable donations are subject of massive scrutiny as she has donated $16 billion which makes her a prominent philanthropist in history. Scott’s net worth $ 36 billion.
