Forbes recently released their annual list of billionaires, and one name stood out from the rest: Francoise Bettencourt Meyers of France. She is the world’s richest woman, having amassed an impressive fortune of $49.3 billion. This makes her the 14th wealthiest person in the world, and the wealthiest woman alive.
Who is Francoise Bettencourt Meyers?
Francoise Bettencourt Meyers is the daughter of the late Liliane Bettencourt, the world’s richest woman until her death in 2017. Francoise is the heiress to the L’Oreal fortune, the cosmetics giant that her mother founded in 1909. She was born in 1953 in Neuilly-sur-Seine, a suburb of Paris, and studied philosophy and literature at the Sorbonne.
How Did She Achieve Her Riches?
Francoise Bettencourt Meyers’s wealth comes from her inheritance of the L’Oreal empire. She is the primary shareholder of the company, with a 33.2% stake in the business. Her mother, Liliane, was the major shareholder and was ranked as the world’s wealthiest woman until her death in 2017.
L’Oreal is a global cosmetics company worth over $200 billion. It is the world’s largest beauty brand and has a presence in over 150 countries. The company is best known for its iconic brands such as Maybelline, Lancome, and Garnier.
In addition to her stake in L’Oreal, Francoise Bettencourt Meyers also has investments in Nestle, the world’s largest food and beverage company. She is also the president of the Bettencourt Schueller Foundation, which is one of the largest private foundations in France.
What is Her Net Worth?
Francoise Bettencourt Meyers’s current net worth is estimated to be around $49.3 billion. This makes her the 14th wealthiest person in the world, and the wealthiest woman alive. She is also the wealthiest person in France, ahead of Bernard Arnault and his family.
Francoise Bettencourt Meyers has been increasing her wealth over the past few years, with her net worth increasing by $4.3 billion in the past year alone. This is thanks to the continued success of the L’Oreal business, as well as her investments in Nestle.
Conclusion
Francoise Bettencourt Meyers is the world’s richest woman and the 14th wealthiest person in the world. She inherited the L’Oreal fortune from her mother and is now the primary shareholder of the company. She also has investments in Nestle and is the president of the Bettencourt Schueller Foundation. Her current net worth is estimated to be around $49.3 billion. She is the wealthiest person in France, and the wealthiest woman alive.
