Why is Francoise Bettencourt Meyers so rich?

Why is Françoise Bettencourt Meyers so rich?

Françoise Bettencourt Meyers is a French billionaire heiress and an author of Bible commentaries and works on Jewish-Christian relations. Her family owns the company L’Oréal, and after her mother Liliane passed away, she inherited the L’Oreal fortune.

How did Liliane Bettencourt get rich?

Her fortune was inherited In 1957, Schueller’s daughter (and Françoise’s mother) Liliane Bettencourt inherited Schueller’s fortune. Together with her husband, French politician André Bettencourt, the power couple soon achieved socialite status in France.

Is Francoise Bettencourt Meyers the richest woman in the world?

Net worth: $89.1billion French L’Oréal heiress Françoise Bettencourt Meyers is the richest woman in the world, according to Forbes. She is No. 12 on the list of the world’s richest people.

What is L Oreal’s net worth?

The brand L’Oréal Paris represented a value of more than 38.3 billion dollars. Moreover, the brand value of Garnier was estimated at 9.13 billion dollars….Value of leading brands belonging to L’Oréal worldwide in 2021 (in million U.S. dollars)

Characteristic Brand value in million U.S. dollars

Who founded L Oreal?

Eugène Schueller

In 1909, Eugène Schueller, a young chemist with an entrepreneurial spirit, founded the company that was to become the L’Oréal Group. It all began with one of the first hair dyes that he formulated, manufactured and sold to Parisian hairdressers.

What did Francoise Bettencourt do?

Francoise Bettencourt Meyers is the granddaughter of the founder of L’Oreal and the richest woman in the world. Bettencourt Meyers and her family own around 33% of L’Oreal stock. She has served on L’Oreal’s board since 1997 and is chairwoman of the family holding company.

What is Francoise Bettencourt Meyers net worth?

91.3 billion USD (2022)
Françoise Bettencourt Meyers/Net worth

Does Loreal own YSL?

Beauty industry leader L’Oreal made a major addition to its fashion lineup when it acquired YSL Beaute for 1.15 billion euros, or $1.8 billion.