From YahooFinance.
“Before MacKenzie Scott signed the Giving Pledge and started on her path to give away her $36 billion net worth, she went looking for a paragraph in a book she’d marked up during her college years.
She opened her Giving Pledge letter with a memory of pulling Annie Dillard’s The Writing Life off a shelf of her old college books, where she found a passage that she had ‘underlined and starred.’ Dillard’s advice to writers was to not hoard your best material for some later chapter.
‘The impulse to save something good for a better place later is the signal to spend it now,’ Dillard wrote, warning that otherwise, ‘you open your safe and find ashes.’ Scott took the writing advice literally and applied it to her massive fortune.
For the past six years, Scott has remained committed to emptying her safe, so to speak. She’s donated more than $26 billion across more than 2,700 gifts through her philanthropic organization, Yield Giving. Her marquee year was in 2025 when she donated an eye-popping $7.2 billion. (That’s more than Bezos and his wife, Lauren Sánchez Bezos, have given over their entire lifetimes, according to Forbes estimates). The publication also named Scott the third-most generous philanthropist in the world this year, noting she has given away 46% of her net worth.
True to the Dillard ethos, she gives fast and lets go. Her philanthropic style is stroking unrestricted checks with no applications, no progress reports, and almost no press.”
Absolutely certain it doesn’t mean anything to MacKenzie Scott to be named the “third-most generous philanthropist in the world” this year. In fact, I’m pretty sure if she had her way, pieces like this one would never appear in print. What a role model.
Don’t hoard. Don’t find ashes. Annie Dillard with one of the most amazing assits of all-time.