Françoise Bettencourt Meyers, heiress to the L’Oréal fortune, has made history by becoming the first woman to amass a staggering fortune of $100 billion. The iconic beauty and cosmetics company, founded in 1909 by Eugène Schueller, holds a significant valuation of €241 billion, with Meyers and her family commanding an almost 35% stake in the business. The remarkable increase in her wealth is attributed to the upward trajectory of L’Oréal’s share price.
This financial milestone propels Françoise Bettencourt Meyers into the elite ranks of the world’s wealthiest individuals, traditionally dominated by male counterparts. Her achievement stands out in a year where several billionaires have witnessed substantial increases in their fortunes. As the primary beneficiary of the L’Oréal legacy, Meyers’ accomplishment underscores the evolving landscape of wealth and success, showcasing the growing prominence of women in the global financial arena.