RICHEST WOMAN IN THE WORLD
- Posted on February 10, 2022
- Featured
- By Faith Tiza
RICHEST WOMAN IN
THE WORLD
Françoise Bettencourt
Meyers (born July 10, 1953) is a billionaire heiress from France and the
world's richest woman.
She was raised as a
devout Catholic and has produced several Bible commentaries. She is Liliane
Bettencourt's only daughter and heir. Jean-Pierre Meyers, the grandson of a
rabbi murdered at Auschwitz, was her husband, and they raised their two sons,
Jean-Victor and Nicolas, as Jews. Her marriage was marred by the
prosecution of her grandfather, L'Oreal founder Eugène Schueller, for
complicity with the Nazi administration. Bettencourt Meyers and her family
still own a third of the corporation.
According to the
Bloomberg Billionaires Index, she was the world's richest woman in January
2022, with a net worth of $94.9 billion. According to Bloomberg, she held the
title from July 2021, moving up with a net worth of US$86.0 billion.
She is ranked number 12
on the Forbes list of the world's wealthiest people.
L'OREAL IS THE SOURCE OF HER WEALTH
Liliane Bettencourt (d.
2017), Bettencourt Meyers' mother inherited money from her father, Eugene
Schueller, the founder of the giant cosmetics company L'Oréal, in 2017. Profits
for the $33.6 billion corporation (2020 sales) declined 6% in 2020, owing in
part to consumers losing their appetite for makeup during quarantine measures.
Despite this, the stock climbed 38% as a result of improving cosmetics demand,
particularly for skincare goods. Bettencourt Meyers has been a member of the
L'Oreal board of directors since 1997.
She has served on the
board of directors of L'Oreal since 1997 and is also the head of the family
holding company.
When her mother Liliane
Bettencourt, the world's richest woman at the time, died in 2017 at the age of
94, she became France's reigning L'Oreal heiress.
L'Oréal S.A. is a French
personal care company with headquarters in Clichy, Hauts-de-Seine, and a
registered office in Paris. It is the world's largest cosmetics corporation,
with operations in the fields of hair color, skincare, sun protection,
make-up, perfume, and hair care.
Its subsidiaries are:
Lancôme
Maybelline
NYX Cosmetics
Garnier
CeraVe
AcneFree
Ambi
Matrix Essentials
Bettencourt Meyers is
also the president of her family's philanthropic foundation, which promotes
scientific and artistic growth in France.
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