Françoise Bettencourt Meyers' income surge is due to record high share prices in her cosmetics company.
Françoise Bettencourt Meyers, heiress of the cosmetics company L'Oreal, became the first woman in the world whose fortune reached 100 billion dollars.
According to the Bloomberg Billionaires Index, published on December 28, her fortune increased to 100.2 billion dollars. The record high share prices of L'Oreal - the company founded by her grandfather in 1909 - contributed to this growth.
70-year-old Françoise Bettencourt Meyers is vice chairman of the company, which is valued at $268 billion. She and her family own 35% of the shares. The heiress of L'Oreal has been declared the richest woman in the world three times in 2021, 2022 and 2023 and by Forbes magazine./BGNES
