Françoise Bettencourt Meyers was already the richest woman in the world, but on Thursday, she hit a new milestone—the first female to accumulate a staggering fortune of over $100 billion ($100.2 billion, to be exact), according to the Bloomberg Billionaires Index.
Bettencourt Meyers, the granddaughter of L’Oreal founder Eugène Schueller, is the vice-chair of L’Oréal’s board and, alongside her family, is the prime stakeholder with approximately 35% of its shares.
Her spike in wealth came as L’Oréal SA stocks reached unparalleled heights, positioning the company to have one of its most successful years in over two decades.
Although Bettencourt Meyers has surpassed other female billionaires, she still isn’t one of the
→ Continue reading at Entrepreneur