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Women Enter the Billionaire Club... Due to Divorce Settlements

Women Enter the Billionaire Club... Due to Divorce Settlements
Alqyas summary

Divorce settlements in the world of the wealthy reach billions of dollars

Translated by Alqyas from Al-Qabas — Original source

Divorce settlements in the world of the ultra-wealthy have become billion-dollar deals that reshape fortunes and place some women on lists of the world’s richest individuals, after they receive substantial shares of their former husbands’ wealth. With rising expectations regarding the potential settlement in the divorce of Jensen Huang, CEO of Nvidia, and his wife, Lori Huang, stories of women who acquired exceptional wealth following separation are once again coming to the fore, as estimates suggest that Huang’s divorce settlement could become the highest in history. Estimates indicate that the potential settlement could reach at least $75 billion, an amount surpassing what both Melinda French Gates received after her separation from Microsoft co-founder Bill Gates, and MacKenzie Scott following her divorce from Amazon founder Jeff Bezos.

Leading these cases is MacKenzie Scott, ex-wife of Amazon founder Jeff Bezos, who received $38 billion in 2019, becoming one of the richest women in the world. She later chose to direct a large portion of her wealth toward philanthropy and donations, as her divorce settlement became a launching pad for her extensive role in supporting institutions and humanitarian initiatives.

Melinda Gates also emerged with a settlement valued at approximately $25 billion after her marriage to Microsoft co-founder Bill Gates ended in 2021, following a 27-year union. The separation marked a pivotal point in the trajectory of her wealth and charitable activities, as she became one of the most prominent influential figures in global humanitarian work.

In 1999, Jocelyn Wildenstein received a divorce settlement of $3.8 billion after separating from businessman and billionaire Alec Wildenstein, following severe marital disputes. Her settlement became one of the most notable divorce cases involving the transfer of massive wealth between spouses.

Anna Torv received $1.7 billion after her divorce from media mogul Rupert Murdoch in 1999, ending a 32-year marriage during which they had three children. The separation placed her among the women who received substantial financial settlements from their wealthy husbands.

Billion-dollar settlements were not limited to the technology and media sectors. The separation of Bernie Ecclestone, the Formula 1 racing magnate, from his former wife, fashion model Slavica Ecclestone, cost approximately $1.2 billion after a 24-year marriage that ended in 2009.

In another case, Ellen Wynn received shares worth $1 billion after separating from billionaire Steve Wynn in 2010, after being awarded a significant stake in Wynn Resorts, making her one of the beneficiaries of the largest divorce settlements in the business world.

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