She’s not a household name, but the company she helps oversee one of the largest cosmetics company. ForbesBillionaires
’ list of the World’s Billionaires, the planet’s richest woman is L’Oréal heiress Françoise Bettencourt Meyers of France.
Worth an estimated $74.8 billion, Bettencourt Meyers is an estimated $1.2 billion richer than a year ago, making her the fourteenth richest person in the world. The 68-year-old French citizen is the vice chair of the board of L’Oréal, the world’s largest cosmetics and beauty company, which her chemist grandfather Eugène Paul Louis Schueller founded in 1909. Bettencourt Meyers first landed on' billionaires list in 2018, after her mother, Liliane Bettencourt–then the planet’s richest woman–died in 2017 at the age of 94.
Bettencourt Meyers and her family own about 33% of L’Oréal’s stock. She has been a member of the company’s board since 1997. Her two sons, Jean-Victor Meyers and Nicolas Meyers, also sit on the board. As the world’s largest beauty manufacturer, L’Oréal owns more than 35 cosmetic, skincare and personal-care brands. Its lead portfolio companies include Maybelline, Garnier and NYX.
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