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MacKenzie Scott alone accounted for one-third of America's $19.2 billion in megagifts last year

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Philanthropy leader at Warren Buffett and Bill Gates’ Giving Pledge says children of billionaires are pushing them to give their wealth away faster

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Elon Musk on MacKenzie Scott giving away $26 billion of her fortune: 'Sadly,' it makes the world a worse place
RetailOscar de la Renta

World-renowned fashion designer Oscar de la Renta dies aged 82

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October 21, 2014, 9:09 AM ET
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Fashion designer Oscar de la Renta attends the official opening of The Costume Institutes new Anna Wintour Costume Center at The Metropolitan Museum of Art on May 5, 2014 in New York. The ceremony took place in the museum's Temple of Dendur. AFP PHOTO/Stan HONDA (Photo credit should read STAN HONDA/AFP/Getty Images)Photograph by Stan Honda — AFP/Getty Images
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This post is in partnership with Time. The article below was originally published at Time.com.

By Helen Regan, TIME

World-renowned fashion designer Oscar de la Renta passed away Monday at the age of 82.

He died after a long battle with cancer, with which he was diagnosed in 2006, ABC News reports.

De la Renta is famous for designing red-carpet gowns for the cream of A-list celebrities over the past 50 years.

He first became known internationally in the 1960s when he dressed Jackie Kennedy, and since then continued to cater for several First Ladies as well as Hollywood’s top stars. Michelle Obama wore him for the first time ever a couple weeks ago, and he also designed Amal Clooney’s wedding dress.

De la Renta was born in the Dominican Republic to an influential family, but left his homeland aged 18 to study painting in Spain. It was there that he became interested in fashion designing, and after an apprenticeship with designer Cristobal Balenciaga, he moved to Paris and worked in several French fashion houses.

In 1965, he launched his ready-to wear label and his work since then has made him a legend in the fashion world.

He is survived by his second wife, Annette, and adopted son, Moises.

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