Jeff Bezos’ ex-wife, Mackenzie Scott, has become the world’s richest woman after Amazon’s stock surged amid the coronavirus crises.
Scott, who owns a 4 percent stake in the e-commerce giant, added another $ 30.3 billion to his bank balance last year, increasing his net worth to $ 67.4 billion, according to the Billionaires Index from Bloomberg.
The rebound came after Amazon shares surged following the pandemic outbreak, when home and business orders sent consumers to rely on the retail giant to buy online orders and supplies.
Since the start of 2020 alone, the stock has increased from nearly $ 2,000 to $ 3,500.
The rich are getting richer with billionaire wealth in the United States, which has grown to $ 800 billion since the pandemic began, while Americans are at the forefront of everyday life and millions are preparing to losing their jobs day in day out.
Scott’s drive for wealth made the philanthropist and author the world’s richest woman and the twelfth richest person in the world.
As part of a commitment by some of the country’s wealthiest people to donating a large portion of their fortune – Scott donated $ 1.7 billion to a nonprofit.
Scott’s new position comes first after a giant divorce deal with Amazon founder Bezos last July.
The former couple reached a deal giving MacKenzie an estimated 19.7 million shares in Amazon.com, giving him a four percent stake in the company.
The deal made the author the 22nd richest person in the world and the third richest woman in the world at the time.
The couple announced in January 2019 that they were divorcing after 25 years of marriage and four children after the National Enquirer announced that the tech entrepreneur was in a relationship with former news anchor Lauren Sanchez.
Scott’s ex-husband remains the richest person in the world with a net worth of $ 205 billion and number one on the Bloomberg Billionaires Index.
Bill Gates is second with $ 126 billion, followed by Mark Zuckerberg with $ 112 billion and Elon Musk with $ 110 billion.
Tesla CEO Musk briefly took over Zuckerberg on Monday when his net worth rose to $ 115.4 billion when Tesla shares went up by 12 percent.
The auto giant’s shares are up about 500 percent this year as investors bet on Musk, who dominates the electric car market, and Musk’s personal fortune has tripled since the pandemic began destroying America in March.
The controversial CEO is bracing for another boost as the board of directors will give him an additional $ 50 billion if he achieves certain goals.
This is despite Musk’s insistence that he is not interested in amassing large personal fortunes.
In May he said he wanted to sell all his property and own no home.
America’s richest men and women have done well in the pandemic. According to the American for Tax Fairness, the total wealth of US billionaires has increased by nearly $ 800 billion, or more than 25 percent, since March.
As the rich got richer, millions of Americans were laid off and struggling to survive. Widespread business closures, mass layoffs and failed businesses have forced more Americans onto the streets.
There are homeless camps in big cities and food banks are filled with starving citizens who cannot afford to feed their families.