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Amazon billionaire Jeff Bezos and former news anchor Lauren Sanchez are engaged after nearly 5 years together.

Rumors swirled after Sanchez showed off her giant diamond engagement ring on his $500 million yacht where Bezos popped the question, an insider tells Page Six exclusively.

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The fancy yacht with its own helicopter landing pad features a mermaid sculpture that resembles Sanchez on the bow.

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Bezos, 59, and Sanchez, 53, have been inseparable since he left his wife of 25 years, MacKenzie Scott, for Sanchez in 2018.

Scott has been married and divorced in the last few years, while Bezos and Sanchez have waited patiently for the right time. They went public in 2019 after The Enquirer spilled the tea about their affair.

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Bezos and Sanchez traveled the world after he resigned from Amazon. They have entertained Jay Z and Beyonce on the super yacht.

“He’s so happy, he inspires me every day, he makes me a better person every day; he’s the most loving human I know,” Sanchez told WSJ Magazine about Bezos.

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“Happy birthday to the man of my dreams, who lights up my world with his laughter and kind heart,” she wrote on Instagram in January.

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She added: “You have shown me that no great love is not bravely fought for. Thank you for always being by my side and for being the most loving and supportive partner.”

Women everywhere are inspired by Sanchez and Bezos.