The ever-evolving list of the world’s wealthiest individuals always has fresh faces and staggering figures, but one constant remains. As of now, Françoise Bettencourt Meyers, granddaughter of L’Oréal founder Eugène Schueller, reigns as the richest woman on Earth. According to the Bloomberg Billionaires Index, she boasts a jaw-dropping net worth nearing $88 billion, mainly attributed to her stake in L’Oréal. This figure is up by $16 billion just this year, placing her at a commendable 13th position.
Françoise’s immense wealth doesn’t merely stem from her business acumen. It’s deeply rooted in L’Oréal’s global success and her family’s rich history, making her story both fascinating and inspirational.
Summary of the richest man in the world
|September 2023||Net worth: $87.8 billion (Bloomberg Billionaires Index)||Bettencourt Meyers’ wealth spikes by $16 billion in a year|
Françoise Bettencourt Meyers A Legacy of Wealth
Born on July 10, 1953, in Neuilly-sur-Seine, France, Françoise inherited not just an empire but a legacy.
Her fortune largely comes from L’Oréal, the world’s most expansive cosmetics conglomerate, passed down to her from her mother, Liliane Bettencourt, in 2017.
L’Oréal Crafting Beauty and Billionaires
The story of L’Oréal begins with Eugène Schueller in 1909, who initiated a small hair dye venture. Today, it’s an empire with a colossal market capitalization surpassing €150 billion.
With a presence in over 150 countries and a workforce of more than 86,000, L’Oréal has been a monumental reason behind Françoise’s incredible wealth. Its stock’s robust performance, combined with economic factors like the euro’s devaluation against the US dollar, has amplified her riches.
Family Ties Beyond Business
Françoise’s personal life is as intricate as her professional one. She tied the knot with Jean-Pierre Meyers in 1984, and together they have two offsprings, Jean-Victor and Nicolas Meyers.
While she remains quite reserved, avoiding the media limelight, her philanthropic endeavors and unwavering support for the arts are widely acknowledged.
Her family tree is not without its controversies. Grandfather Eugène Schueller’s ties with the Vichy regime during WWII have been points of contention. But Françoise defends his legacy, portraying him as a multifaceted individual with both flaws and strengths.
The Ongoing Race for Wealth
While the title of “richest man in the world” is ever-shifting, Françoise Bettencourt Meyers has solidified her place in the wealth hierarchy. Her story serves as a testament to the power of inheritance, shrewd business strategies, and the global appeal of beauty.
Who knows? The next time we delve into the world’s richest individuals, we might find another fascinating tale awaiting us. Until then, Françoise’s reign remains undoubted and unparalleled.
Who is the current richest woman in the world?
Françoise Bettencourt Meyers is the current richest woman in the world.
What is the primary source of Françoise Bettencourt Meyers’ wealth?
Her primary wealth source is her significant stake in L’Oréal, the world’s largest cosmetics company.
When was L’Oréal founded and by whom?
L’Oréal was founded in 1909 by Eugène Schueller.
How much did Françoise’s wealth increase in the current year?
In the current year, her wealth surged by $16 billion according to the Bloomberg Billionaires Index.
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