Meyers, Becomes The World’s First Woman With A $100 Billion Fortune

Utkarsh Classes Last Updated 30-12-2023

Meyers, Becomes The World’s First Woman With A $100 Billion Fortune

Report 5 min read

In December 2023, France's Françoise Betancot Meyers (70) became the first woman in the world to have a net worth of 100 billion dollars. According to Bloomberg data, François Bettenkat Meyers's net worth reached $100.1 billion.

François Meyers is the chairperson of Tithis:

François Meyers is the chairperson of Tithis, the holding company of L'Oréal, the world's largest cosmetic company. François Mayez is also the Vice Chairperson of the Board of Directors of L'Oréal Group.
François Meyers has inherited the world's most famous and largest cosmetic brand, L'Oréal, from his mother.
François Meyers's mother also held the crown of the world's richest woman until she died in 2017.

Elon Musk again becomes the world's richest person:

Elon Musk, head of the electric car company Tesla, has again become the richest person.
Elon Musk's wealth has increased to $232 billion.

About L'Oréal:

L'Oréal was founded by Eugene Schueller in 1909.
According to a report in The Guardian, L'Oréal was founded in 1909 by Betancot Meyers's grandfather, Eugene Schueller.
Actually, Eugene Schueller invented 'hair dye' and founded L'Oréal company, keeping in mind its manufacturing and marketing.

Net Valuation of L'Oréal:

The total valuation of this company listed on the Paris Stock Exchange is $241 billion. Mays and his family hold more than 34 percent stake in L'Oréal.
According to the Bloomberg Billionaires Index, his wealth has increased by $28.6 billion this year.
Meyers is the second richest person in France on this list.
Bernard Arnault holds the title of the richest person from France. Arnault is the chairman of luxury goods manufacturing company LVMH.
According to the Bloomberg Billionaires Index, Arnault's net worth is $179 billion. This year, his net worth increased by $16.9 billion.
The wealth of 12 of the world's 50 richest people has declined. In this list dominated by men, the richest people are from America.
Betankat is at 12th place on this list.

Top 10 Richest Women in Forbes Real Time Billionaires List:

Forbes released it on April 28, 2023. At that time there was no woman in the list of the top 10 richest people in the world. Still, according to this list, the ten richest women in the world:

Francois Bettencourt Meyers (France) - L'Oréal
Alice Walton- Alice Walton is the only daughter of Walmart founder Sam Walton.
Julia Koch & family
Jacqueline Mars:- owns an estimated one-third of Mars, the world's largest candy maker
Miriam Adelson:- American physician.
Mackenzie Scott is an award-winning author and ex-wife of Amazon founder Jeff Bezos. She was married to Jeff Bezos for 25 years and divorced in mid-2019.
Gina Rinehart is Australia's richest person. She is the executive chairwoman of Hancock Prospecting, a privately owned mineral exploration and extraction company.
Suzanne Clayton:- 19.2% stake in automotive giant BMW.
Iris Fontbona and family own copper mines in Chile and traded on the London Stock Exchange.
Abigail Johnson:- Abigail Johnson is a businesswoman and chairperson of the American investment firm Fidelity Investments.