MacKenzie Scott becomes the world's richest woman

PanARMENIAN.Net - MacKenzie Scott — philanthropist, author and ex-wife of Amazon (AMZN) CEO Jeff Bezos — is now the wealthiest woman in the world, CNN reports.

Scott's net worth is now $68 billion, propelling her past L'Oréal heiress Francoise Bettencourt Meyers, according to Bloomberg's Billionaire index.

Scott 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. She described the organizations as focusing on one of nine "areas of need" ranging from racial equity to climate change.

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.