L’Oreal heiress Francoise Bettencourt, first woman with a fortune of 100 billion dollars

The French businesswoman Francoise Bettencourt Meyersgranddaughter of the founder of L’Oréal, has become the first woman to amass a fortune of 100 billion dollars (90,327 million euros), according to the billionaire index prepared by Bloomberg.

Specifically, in Thursday’s session, after the L’Oreal shares rose 0.58%, up to a record price of 451.30 euros, the estimated fortune of the French businesswoman would rise to 100.2 billion dollars (90.507 million euros).

Bettencourt Meyers70 years old, is vice president of the board of directors of L’Oréala company founded in 1909 by his chemist grandfather, Eugene Schueller, to produce and sell a hair dye that he had developed and which has become a global company, valued at 241 billion euros.

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As an only child, Bettencourt Meyers He inherited most of the wealth after the death of his mother in 2017., Liliane Bettencourt. Today, the businesswoman and her family are the largest shareholders of L’Oreal, with almost 35%.

Despite the recorded gain, Bettencourt Meyers’ fortune remains lower than that of his French compatriot Bernard Arnault, founder of LVMH Moët Hennessy Louis Vuitton, who was second in the world ranking of rich people with an estimated wealth of 179.4 billion dollars (162,046 million euros).

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