L’Oreal Heir Francoise Bettencourt Meyers Becomes First Woman With $100 Billion Fortune
- Shares in the comestics firm have surged to a record this year
- Bettencourt Meyers inherited stake from her mother in 2017
WATCH: Francoise Bettencourt Meyers became the first woman to amass a $100 billion fortune. Sonali Basak reports.
Source: BloombergThis article is for subscribers only.
Francoise Bettencourt Meyers became the first woman to amass a $100 billion fortune, marking another milestone for the heiress and for France’s expanding fashion and cosmetics industries.
Her wealth jumped to $100.1 billion on Thursday, according to the Bloomberg Billionaires Index. The milestone came as shares of L’Oréal SA, the beauty products empire founded by her grandfather, rose to a record high, with the stock set for its best year since 1998. She’s the 12th-richest person in the world, just behind Mexico’s Carlos Slim.