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(CNN) – MacKenzie Scott, philanthropist, author and ex-wife of Amazon CEO Jeff Bezos, is now the richest woman in the world.
Scott’s net worth is now $ 68 billion, boosting his former L’Oréal heir Francoise Bettencourt Meyers, according to the Bloomberg Billionaires Index.
Scott received a quarter of Bezos’ Amazon stock in the couple’s 2019 divorce settlement. That equaled a 4% stake that was worth more than $ 35 billion at the time.
He is now the twelfth richest person in the world.
In July, Scott announced that he had already donated nearly $ 1.7 billion to 116 organizations that included four historically black colleges and universities. She described the organizations as focused on one of nine “areas of need” ranging from racial equity to climate change.
Last year, Scott also signed on to the Giving Pledge initiative, founded by Warren Buffet and Bill and Melinda Gates. The initiative encourages the richest people in the world to dedicate most of their wealth to charitable causes.
Bezos, the richest man in the world, has not signed the pledge, according to a list of signatories.
Shares of Amazon are up about 28% in the last three months and have risen more than 90% so far this year, according to data from Refinitiv. The stock surge increased Bezos’ wealth to more than $ 200 billion.
Scott’s rise in wealth follows a spike in earnings from tech stocks, which has led to other billionaire ranking shakes at the top.
Earlier this week, Elon Musk surpassed Mark Zuckerberg to become the third richest person in the world. Tesla saw a 12% stock gain after Tesla’s 5-1 stock split on Monday.
This story was first published on CNN.com, “MacKenzie Scott has become the richest woman in the world.”
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