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Françoise Bettencourt Meyers

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Françoise Bettencourt Meyers
Born
Françoise Bettencourt

(1953-07-10) 10 July 1953 (age 71)
OccupationBusinesswoman
TitleVice Chairman of L'Oréal
SpouseJean-Pierre Meyers
Children2
Parent(s)André Bettencourt
Liliane Bettencourt
RelativesEugène Schueller (grandfather)

Françoise Bettencourt Meyers (French: [fʁɑ̃swaz bɛtɑ̃kuʁ mɛjɛʁs]; born 10 July 1953) is a French businesswoman, philanthropist, writer, billionaire heiress, and the richest woman in the world, with an estimated net worth of US$84.4 billion as of August 2024, according to Forbes.[1] She is the only child and heir of Liliane Bettencourt, and the granddaughter of Eugène Schueller, founder of L'Oréal. Her mother died in September 2017, after which her fortune tripled with her investments through her family holding company, Téthys Invest, and the high valuation of L'Oréal shares on the stock exchange.[2]

Biography

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Raised to be Catholic,[3] she has written several Bible commentaries.[4] She is the only child and heir of Liliane Bettencourt. She married Jean-Pierre Meyers, business executive and grandson of a rabbi murdered at Auschwitz. She converted to Judaism and they raised their children, Jean-Victor and Nicolas, as Jewish.[5][4] Her marriage caused controversy because her grandfather Eugène Schueller, L'Oreal's founder, had been prosecuted for collaboration with the Nazi government.[6] Bettencourt Meyers and her family still own a 33% stake in the company.[7][2]

In 2008, she sued François-Marie Banier for taking money from her mother,[6] and started proceedings to have her mother declared mentally incompetent. The revelations in the secret recordings that she used in evidence led to the Woerth–Bettencourt scandal. In December 2010, Bettencourt Meyers announced that she had settled out of court with both her mother and Banier.[8]

Her mother died in September 2017 when her net worth was about $39.5 billion.[9]

After a fire severely damaged Notre-Dame de Paris, Bettencourt Meyers and L'Oréal pledged $226 million to repair the cathedral.[10]

As of January 2022, she had an estimated fortune of $94.9 billion, according to Bloomberg Billionaires Index.[11] Later, in December 2023, she was reported as the first woman with an estimated net worth of US$100 billion, according to Forbes;[1][12] at that time, she was listed in the Bloomberg Billionaires Index as the 12th richest person in the world.[13]

Bibliography

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  • The Greek Gods. Genealogy (Les Dieux grecs. Généalogies), Paris, éd.
  • A Look at the Bible (Regard sur la Bible), 5 vol., Introduction by Alain Decaux, Published November 2008, awarded the prix des Lauriers Verts (section « Spirituality ») in 2009:
    • Words and expressions originating in the Bible
    • From one Testament to the other, Judaism and Catholicism
    • Family Tree of Adam Eve, and the Tribes of Israel
    • Animals, Plants, Measures, money, and numbers in the Bible
    • Genealogy section

See also

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References

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  1. ^ a b "Francoise Bettencourt Meyers & family". Forbes. Retrieved 30 March 2023.
  2. ^ a b "Francoise Bettencourt Meyers & family". Forbes. Retrieved 9 March 2022.
  3. ^ "Meet the New 'World's Richest Woman,' a 64-Year-Old Expert on Greek Gods Who Shuns the Spotlight". Money. Retrieved 9 January 2021.
  4. ^ a b Les Échos Archived 15 July 2010 at the Wayback Machine, December 2009.
  5. ^ "Who is Francoise Bettencourt, the richest woman in the world? How much is she worth?". Diario AS. Retrieved 3 June 2023.
  6. ^ a b Willsher, Kim (9 July 2010). "Liliane Bettencourt and the murky history of a make-up monarchy". The Guardian. ISSN 0261-3077. Archived from the original on 2 July 2014. Retrieved 10 July 2010.
  7. ^ "L'Oréal Finance : Share Ownership". www.loreal-finance.com. Retrieved 21 September 2017.
  8. ^ La Tribune December 2010.
  9. ^ "Liliane Bettencourt & family". Forbes. Retrieved 13 June 2024.
  10. ^ "Francoise Bettencourt Meyers & family". Forbes. Retrieved 17 July 2020.
  11. ^ "Bloomberg Billionaires Index: Francoise Bettencourt Meyers". Bloomberg. Retrieved 10 July 2021.
  12. ^ Maruf, Ramishah. "L'Oreal heiress Francoise Bettencourt Meyers is the first woman with a $100 billion fortune, according to Bloomberg". CNN. Retrieved 8 January 2024.
  13. ^ Liang, Annabelle (29 December 2023). "Françoise Bettencourt Meyers: L'Oréal heiress first woman to amass $100bn fortune". BBC News. Retrieved 13 June 2024.