MacKenzie Scott became the richest woman in the world

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Scott’s net worth is now $ 68 billion, propelling his former L’Oreal heiress Françoise Bettencourt Meyers, according to the Bloomberg Billionaire Index.

Scott received a quarter of Bezos’ Amazon shares in the couple’s 2019 divorce settlement. That equates to a 4% stake that was worth more than $ 35 billion at the time.

She is now the 12th richest person in the world.

In July, Scott announced that she had already donated nearly $ 1.7 billion to 116 organizations that included four historically black colleges and universities. She described the organizations as focusing on one of nine “need areas” ranging from racial equity to climate change.

Last year Scott also joined the Giving Pledge initiative, founded by Warren Buffett and Bill and Melinda Gates. The initiative encourages the world’s richest people to devote the majority of their wealth to charity.

Bezos, the richest man in the world, did not sign the pledge, according to a list of signatories.

Amazon’s stock has jumped about 28% in the past three months and has risen more than 90% so far this year, according to data from Refinitiv. The boom in stocks took Bezos’ wealth to over $ 200 billion.

Scott’s rise in wealth follows a surge in gains in tech stocks, which has led to further upheavals in the ranking of billionaires at the top.

Earlier this week, Elon Musk passed Mark Zuckerberg to become the third richest person in the world. Tesla posted a 12% gain after Tesla’s shares split 5-1 on Monday.

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