May 14, 2024

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The reclusive L'Oréal heiress, who plays the piano for hours a day, has become the first woman to be worth $100 billion.

The reclusive L'Oréal heiress, who plays the piano for hours a day, has become the first woman to be worth $100 billion.

  • Françoise Bettencourt Myers, heiress to the L'Oréal beauty empire, is worth more than $100 billion.

  • The 70-year-old is the first woman to be worth more than $100 billion.

  • L'Oreal stock has risen 35% year to date after hitting a record high on Thursday.

françoise Bettencourt Meyers, The heiress to the L'Oréal beauty empire has become the first woman in the world to be worth more than $100 billion, according to a new report. Bloomberg Billionaires Index.

Bettencourt-Myers' fortune has surpassed $100 billion thanks to its rise L'Oreal SA The stock hit a record high on Thursday. On Thursday, her net worth reached $100.1 billion, according to Bloomberg.

The 70-year-old and her family own a stake of about 35% in L'Oréal, making them the largest shareholders in the company founded by her grandfather in 1909.

Bettencourt-Myers — who is also the world's richest woman — inherited tens of billions of dollars, as well as assets such as mansions, when her mother, Liliane Bettencourt, died in 2017. The two were embroiled in a family feud over her inheritance.

Bettencourt Myers, known for being a loner, spends her days at home reading or playing the piano. Vanity gallery It was published in 2017. She is also the author of two books: five volumes Bible study And a Genealogy of Greek Gods.

The second richest woman in the world is currently an American alice walton, Heir to another retail empire: Walmart. Walton's fortune is $70 billion.

Although Bettencourt-Myers' fortune has reached $100 billion, making her the 12th richest person in the world, her fortune still lags behind fellow French retail tycoon Bernard Arnault.

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Arnault, founder of LVMH Moët Hennessy Louis Vuitton, is the second-richest person in the world — after Elon Musk — with a net worth of $179 billion.

L'Oreal shares closed 0.6% higher at 451.30 euros on Thursday. The stock has risen by 35% since the beginning of the year.

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