Rocky Semmes ’79

1 Week Ago

On the Gospel of Wealth

The phenomenally fabulous fortunes of MacKenzie Scott ’92 and Jeff Bezos ’86 rise from the same wellspring, a shared business venture in bookselling, but their respective biographies beyond that baseline speak volumes. Both being billionaires, there is a didactic distinction in the philanthropic divide between them. That divide is illuminating, eye-opening, and instructive in its illustration of character.

PAW writer David Montgomery '83 describes Ms. Scott’s philanthropy since 2019 as a “... six-year tidal wave of funding possibly without precedent.” According to Forbes, the total of her charitable giving stands at $19.25 billion, in stark contrast to the giving record of Mr. Bezos at $4.1 billion. Mr. Bezos’ generosity is indeed significant, but pales in comparison to the near five-fold comparative measure of Ms. Scott’s.

Where Ms. Scott is reported as “implicitly accepting Andrew Carnegie’s 1889 dictum from The Gospel of Wealth — ‘The man who dies rich thus dies disgraced,’” Mr. Bezos appears loath to part with his massively multiple billions of dollars, even though there is a line beyond which one’s comfort and ease is not increased by more money. One suspects the reluctance is fueled by ego, and in a comparative standing against others; a common male affliction.

Women more naturally exhibit empathy, seek and build community, and are prone to share. Men, in contrast are more predictably self-centered, thoughtless, and controlling. Cultural evidence is everywhere. Look around and consider what you see. The phenomenon to a degree might well inform the considerable donation divide of this former couple, and democracy being about how we forge a common life together, one questions why we elect men so often to its primary positions of power.

Join the conversation

Plain text

No HTML tags allowed.

Lines and paragraphs break automatically.

Web page addresses and email addresses turn into links automatically.