• Bassma Al Jandaly, Editor In Chief

MacKenzie Scott has become the world's richest woman

New York -- MacKenzie Scott — philanthropist, author and ex-wife of Amazon CEO Jeff Bezos- the couple were married from 1993 till 2019 — is now the wealthiest woman in the world.

In a report published by CNN Scott's net worth is now $68 billion, propelling her past L'Oréal heiress Francoise Bettencourt Meyers.

Scott the 5-years-old received a quarter of Bezos' Amazon shares in the couple's divorce settlement in 2019 . That equated to a 4% stake that was worth more than $35 billion at the time.

She is now the 12th wealthiest 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.

Last year, Scott also signed onto the Giving Pledge initiative, founded by Warren Buffett and Bill and Melinda Gates. The initiative encourages the world's richest people to dedicate a majority of their wealth to charitable causes.

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