Françoise Bettencourt Meyers is the richest woman in the world whose substantial wealth is predominantly tied to the cosmetics industry. She has maintained her position as the world's wealthiest woman for the fourth consecutive year, largely due to her deep roots and significant ownership in the global beauty sector.
Her immense fortune stems primarily from her nearly 35% stake in the L'Oréal Group. As the granddaughter of L'Oréal's founder, her family's legacy is intricately woven into the fabric of the cosmetics giant. L'Oréal Group is a dominant force in the beauty market, generating an impressive $45 billion in annual revenue, which directly contributes to Bettencourt Meyers' leading financial status.
Here's a snapshot of her wealth in the cosmetics industry:
| Category | Details |
|---|---|
| Name | Françoise Bettencourt Meyers |
| Primary Source of Wealth | L'Oréal Group (Cosmetics & Beauty) |
| Ownership in L'Oréal | Nearly 35% |
| L'Oréal Annual Revenue | $45 Billion |
| Global Ranking | World's Richest Woman (for 4th consecutive year) |
