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Francoisebettencourtmeyers

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business-and-finance2 years ago•2 min saved

"Reclusive Heiress Crowned First Female Centibillionaire Through Beauty Empire"

Francoise Bettencourt Meyers, the heiress to the L’Oreal cosmetic empire, has become the world's first female centibillionaire with a fortune exceeding $100 billion. Her wealth places her as the 12th richest person globally. Despite her immense wealth, Francoise is known for her reclusive lifestyle, her interests in piano and literature, and her low-profile approach to her role in the family business. L’Oreal, founded by her grandfather, has grown to become the largest cosmetics company in the world. Francoise inherited her wealth from her mother, Liliane Bettencourt, after a legal battle over Liliane's dementia and the control of her assets.

via The US Sun|

##business-and-finance #centibillionaire

business-and-finance2 years ago•1 min saved

L'Oréal Heiress Francoise Bettencourt Meyers Breaks $100 Billion Barrier as World's Richest Woman

Francoise Bettencourt Meyers, the L'Oreal heiress, has become the first woman to reach a $100 billion fortune, propelled by the company's stock reaching a record high. She is now the 12th-richest person globally, behind Carlos Slim but still far from Bernard Arnault's $179 billion. Her wealth reflects France's significant presence in the luxury retail sector, with families like Hermes and the Wertheimers of Chanel also holding substantial fortunes. Despite her immense wealth, Bettencourt Meyers maintains a private life, focusing on intellectual pursuits and music.

via IndiaTimes|

##billionaire #business-and-finance