Françoise Bettencourt Meyers
Businesswoman and L'Oréal Heiress
Current Networth - $74.4 Billion
Personal Stats
| Name | Françoise Bettencourt Meyers |
|---|---|
| Role | Businesswoman |
| Industry | Fashion |
| Net Worth | $74.4 Billion |
Related People
Table of Contents
- About Françoise Bettencourt Meyers
- Businesses Owned
- Early Life
- Family
- What is Francoise Bettencourt Meyer’s Net worth?
- What is Francoise Bettencourt Meyer’s claim to fame?
About Françoise Bettencourt Meyers
Françoise Bettencourt Meyers is a French author and heiress who became the richest woman in the world following the death of her mother, Liliane Bettencourt, in 2017. Born on July 10, 1953, in Neuilly-sur-Seine, France, Bettencourt Meyers inherited her wealth from her mother, who was the principal shareholder of L'Oréal, the world's largest cosmetics and beauty company. Beyond her role as a heiress, Bettencourt Meyers is known for her scholarly pursuits, particularly in the fields of Greek mythology and Jewish-Christian relations. She serves as the president of the Bettencourt Schueller Foundation, which supports cultural, medical, and humanitarian projects. Bettencourt Meyers is a private individual who avoids the public spotlight, focusing instead on philanthropic activities and her academic interests.
Businesses Owned
L'Oréal
Early Life
Françoise Bettencourt Meyers was born into a wealthy family, which allowed her to learn the ropes quickly.
- Françoise Bettencourt Meyers was born on July 10, 1953, in Neuilly-sur-Seine, France.
- Born into the Bettencourt family, one of the wealthiest in France due to their ownership of L'Oréal.
- Received her education in France, focusing on literature and philosophy.
- Known for her academic pursuits and interest in Greek mythology and Jewish-Christian relations.
- Became heiress to the L'Oréal fortune following the passing of her father, André Bettencourt, and later her mother, Liliane Bettencourt.
- Primarily focused on academic and scholarly activities, she contributes to her family's foundation and philanthropic efforts.
Family
Meyers has had a close relationship with her mom; she maintains a low profile when it comes to family.
- Married to Jean-Pierre Meyers, a French businessman and member of the board of directors of L'Oréal.
- They have two children together: Jean-Victor Meyers and Nicolas Meyers.
- Nicolas is less publicly known than his brother, Jean-Victor, who has been a member of the Board of Directors since 2012 and plays a significant role in overseeing the company's operations and strategic direction.
- Daughter of André Bettencourt and Liliane Bettencourt, who was the principal shareholder of L'Oréal.
- Inherited her wealth and responsibilities within L'Oréal following her mother's passing in 2017.
- Known for maintaining a low profile and focusing on family, philanthropy, and her scholarly interests rather than public appearances.
Françoise Bettencourt Meyers, the French billionaire heiress and businesswoman, stands as the wealthiest woman in the world. As the granddaughter of L'Oréal founder Eugène Schueller, she inherited a massive stake in the global cosmetics giant, which has been the cornerstone of her extraordinary wealth.
In this article, we’ll delve into how her leadership, investments, and family legacy have secured her place among the richest individuals on the planet.
| Net Worth | $74.4 Billion |
|---|---|
| Yearly Income | $5.9 billion (est.) |
| Profession | Businesswoman |
| Nationality | French |
| No. of Houses | 2 |
| No. of Cars | 3 |
What is Francoise Bettencourt Meyer’s Net worth?
As of 2024, Francoise Bettencourt Meyer's has a net worth of around $74.4 Billion.
Francoise Bettencourt Meyers is the richest woman in the world, whose fortune significantly stems from her stakes in L’Oreal, the largest cosmetic-making company globally, which she has served since 1997. Currently, she and her family hold the largest stake in the company, standing at 34.73%.
Bettencourt Meyers’s annual income currently stands at around $5.9 billion, including all the dividends she earns from the company. She also inherited a significant amount of fortune from her mother, Lillian Bettencourt, the previous richest woman in the world.
What is Francoise Bettencourt Meyer’s claim to fame?
Francoise has a keen interest in literature, classical music, and has also authored several books on these subjects.
Francoise is a woman who has woven her path to fame through family legacy, business acumen, and her philanthropic contributions. She began to gain some attention after joining the board of directors in 1997. However, her ascension to the public eye came after her mother, Lillian Bettencourt, died in 2017, which led her to inherit L’Oreal’s fortune.
As the richest woman in the world, she hasn’t just stuck to her business ventures and her family legacy to grow her influence and fame. Francoise slowly became an important and renowned philanthropist who directed a significant amount of her funds to humanitarian causes, research, and arts.
What ventures does Francoise Bettencourt Meyer own or is a part of?
The business empire that was left behind for Francoise was already quite large; however, after her mother passed away, she took entire control of the group and expanded it further by acquiring more ventures and pushing for the advancements of marketing and innovation.
- L’Oreal: L’Oreal is a mass-market brand that is known for offering quite an extensive range of cosmetics. Francoise inherited this company from her mother and currently owns 34.73% of the company, making her the most significant stakeholder.
- Maybelline: Maybelline was acquired by L’Oreal in 1996 for a hefty $506 million in cash. Since then, it has moved its headquarters to New York and has grown to become a brand that offers high-quality yet affordable products.
- Essie: This company is one of the most recent acquisitions of L'Oreal's that took place on April 21, 2010. It is a company that is renowned for its nail polishes and is a go-to choice for nail enthusiasts.
- Garnier: Garnier was acquired by L’Oreal in the 1970s, and since then, the company has steadily grown from just a haircare house to a multi-nation haircare and skincare company.
- Urban Decay: Another rather recent acquisition of L’Oreal is Urban Decay, which the French cosmetic maker bought for $300-$400 million in 2012. Urban Decay is a high-end beauty brand that is most known for its vibrant and edgy cosmetics.
Above are some of the most significant businesses that Francoise is known to own. Apart from these ventures, her portfolio also includes various other firms, including Lancome, Kiehl’s, and many more.
How does Francoise Bettencourt Meyer spend her billions?
The richest woman in the world, Francoise Bettencourt Meyers, likes to live a rather modest life and prefers spending time playing the grand piano or indulging in her hobbies like reading books. However, over the years, she has spent a good sum of money on cars, which is rather surprising. Below are the estates and the cars that Francoise owns.
How many properties does Francoise Bettencourt Meyer own?
Francoise might be the wealthiest woman, but her lifestyle is quite modest, and so is her real estate portfolio. She owns just two properties and currently lives in a 2-story house located in the Parisian neighborhood of Saint James.
The other house she owns is one she inherited from her mother. It is a prestigious estate located in Neuilly-sur-Seine, France, and is surrounded by a power suburb that highlights the estate's exclusivity.
How many different transports does Francoise Bettencourt Meyer own?
Unlike her modest portfolio of houses, Francoise is known to own a couple of premium cars that she most uses to drive around or get to work.
- Bentley Continental GT: The Bentley Continental GT is the most luxurious and priciest car that Francoise owns, and it comes with a price tag of around $225,000.
- Jaguar F-Type: The billionaire also owns a sleek and rather modern Jaguar F-Type that is priced at $90,000.
- Porsche 911 Carrera S: Finished in Gentian Blue, the Porsche 911 Carrera S is another sleek and modern car in Francoise’s collection. It comes with a price tag of around $120,000.
What are Francoise Bettencourt Meyer’s charitable contributions?
Till now the Bettencourt Schueller Foundation has donated around $278 million to various charities and organizations.
The French billionaire might not be that keen on spending her billions on luxurious estates or cars. However, that is not the case for philanthropy, as Francoise has been actively donating millions of dollars around the world to leave a positive impact.
- Bettencourt Schueller Foundation: The Bettencourt Schueller Foundation was created in 1987 by Francoise’s mother, Lillian; since then, Bettencourt has been actively donating to various French charities to boost research in science and arts. This foundation is also well known for supporting innovative projects and visionary groups.
- Notre Dame Cathedral Restoration: Francoise is a fan of art and history, which also led her to pledge $256 million for the restoration of the Notre Dame Cathedral after it caught fire in 2019.
- Fondation Pour L’Audition: It is a French scientific foundation that focuses on research and development related to hearing impairment. This foundation has been backed by the Bettencourt Schueller Foundation for the last couple of years.
These are some of the most important charitable contributions that Francoise has been a part of or has made over the last decade. However, as she is quite a private individual, she likes to keep most of her charity work shrouded in mystery.
What’s next for Francoise Bettencourt Meyers?
Currently, Francoise Bettencourt Meyers has not shared any of her plans for the rest of 2024 or the near future. However, previously, she mentioned that she wants to focus more on philanthropy than talking about business.
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FAQs
What is Françoise Bettencourt Meyers's net worth?
As of 2024, Françoise Bettencourt Meyers’s net worth is estimated to be $90.8 billion, making her the wealthiest women in the world.
How did Françoise Bettencourt Meyers accumulate her wealth?
Françoise Bettencourt Meyers’s wealth primarily comes from her substantial stake in L'Oréal, the leading global beauty and cosmetics company. Her fortune was inherited from her mother, Liliane Bettencourt.
What role does Françoise Bettencourt Meyers play at L'Oréal?
Françoise Bettencourt Meyers serves as a board member and is involved in the governance of L'Oréal. She oversees the company's strategic direction and maintains her family's significant influence within the company.
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Gregory
Aug 12, 2024"Richest woman in the world" you say ... Who made the money tho? 🤭