MoneyWeek

America’s fairy godmother

“Scott has, in two years, given away at least $12bn of her $52bn fortune”

In 2019, a new shell company was quietly set up in Delaware and named Lost Horse – after a Chinese folk tale about the vicissitudes of fortune. Soon after reps began cold-calling charities and nonprofits across America offering multimillion-dollar donations from an anonymous donor. Some recipients suspected the “mysterious overtures” were scams,

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