L’Oréal heiress Françoise Bettencourt Meyers has become the first woman to amass a $100bn (£78.5bn; €90.1bn) fortune, according to a ranking of the richest people in the world.
The French beauty empire founded by her grandfather is on track for its best stock market performance in decades.
L’Oréal shares rose to a record high in Paris on Thursday.
L’Oréal shares rose to a record high in Paris on Thursday.
The net worth of Ms Bettencourt Meyers, aged 70, crossed $100bn on the Bloomberg Billionaires Index, making her the 12th richest person in the world.
She is still a distance away from French counterpart Bernard Arnault, who was second on the list with a net worth of $179bn. Mr Arnault is the founder of LVMH, the world’s biggest luxury group, which owns a portfolio of high-end brands including Fendi and Louis Vuitton.
L’Oréal did not immediately respond to a BBC request for comment.
Ms Bettencourt Meyers is the vice-chairperson of the company’s board. She and her family are the single biggest shareholders of L’Oréal with a stake of around 35%.
She became the reigning heiress of L’Oréal after her mother, Liliane Bettencourt, died in 2017.
L’Oréal heiress Françoise Bettencourt Meyers has become the first woman to amass a $100bn (£78.5bn; €90.1bn) fortune, according to a ranking of the richest people in the world.
L’Oréal shares rose to a record high in Paris on Thursday.
The French beauty empire founded by her grandfather is on track for its best stock market performance in decades.
The net worth of Ms Bettencourt Meyers, aged 70, crossed $100bn on the Bloomberg Billionaires Index, making her the 12th richest person in the world.
L’Oréal shares rose to a record high in Paris on Thursday.
L’Oréal shares rose to a record high in Paris on Thursday.
The net worth of Ms Bettencourt Meyers, aged 70, crossed $100bn on the Bloomberg Billionaires Index, making her the 12th richest person in the world.
She is still a distance away from French counterpart Bernard Arnault, who was second on the list with a net worth of $179bn. Mr Arnault is the founder of LVMH, the world’s biggest luxury group, which owns a portfolio of high-end brands including Fendi and Louis Vuitton.
L’Oréal did not immediately respond to a BBC request for comment.
Ms Bettencourt Meyers is the vice-chairperson of the company’s board. She and her family are the single biggest shareholders of L’Oréal with a stake of around 35%.
She became the reigning heiress of L’Oréal after her mother, Liliane Bettencourt, died in 2017.
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