One of the Beverly Hills Mansions MacKenzie Scott Donated to Charity Just Sold for $37 Million
MacKenzie Scott’s immense giving spree made headlines this past summer when she donated two Beverly Hills mansions to charity. Now, one of those palatial estates has just sold for $37 million.
According to property records, celebrity music producer Mike Caren is the new owner of the 12,000-square-foot abode on North Alpine Drive. The Spanish-style home sits on two acres near Coldwater Canyon Park and has seven bedrooms and seven bathrooms. There’s also a detached guesthouse, a swimming pool, home theater, full-size tennis court and parking for more than 12 cars. But don’t worry, the proceeds are going back to the California Community Foundation.
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Scott, who turned over the property to the CCF in July, originally purchased it in 2007 for $24.4 million alongside ex-husband Jeff Bezos. The home formerly belonged to Warren Buffet investor Rick Guerin in the ‘90s, reported Dirt. The couple also owned a second, ranch-style house together on the same block, which they acquired for $12.9 million in 2017. After the pair divorced in 2019 after 25 years of marriage, Scott obtained sole ownership of both pads in the settlement—worth a combined total of $55 million—in addition to a four percent stake in Amazon, valued at over $38 billion.
The proceeds from the real estate contribution will be divided up to create affordable housing grants and an immigrant integration program. CCF President & CEO Antonia Hernández said in a press statement that Scott’s “generosity will support organizations struggling to solve some of our community’s most intractable issues.” The LA nonprofit also received a generous $20 million from Scott to start the LA Arts Endowment Fund back in 2021.
However, that’s just a tiny fraction of the $2 billion she’s given away in the last seven months alone, which brings her giving total to over $14 billion in the past three years.
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