Francoise Bettencourt Meyers joins the 100 billion dollar club, retains the crown of the world's richest woman

Maximum men are included in the world's 100 billion dollar club. But now women are also seen in this club. According to Forbes' calculations, Francoise Bettencourt Meyers has now entered the 100 billion dollar club.

Francoise Bettencourt Meyers is the vice president of French cosmetic company L'Oréal. Francoise Bettencourt Meyers's Net Worth is $100.1 billion. With this, she has joined the 100 billion dollar club. Let us tell you that Francoise Bettencourt Meyers is also the richest woman in the world.

According to the Forbes Real Time Billionaires Ranking, on June 5, 2024, the shares of L'Oréal Group (L'Oréal Share Price) rose 0.8 percent to 455.6 euros. After the rise in the stock, Bettencourt Meyers' net worth rose to $100.1 billion.

L'Oréal's stock rose in April, following strong sales this year. In 2023, L'Oreal earned $44 billion from its remaining brands, which included Maybelline, Kiehl's, and Lancôme. Aside from that, the company entered into an agreement with Australian cosmetic brand Aesop last year. Following the transaction, the company's stock rose.

Françoise Bettencourt Meyers is the vice chairperson of the board of directors of L'Oreal, the world's largest cosmetics company. Her mother left her this company. Bettencourt Meyers' mother was also named the richest woman in the world in 2017.

Since 1997, Bettencourt Meyers has served on the board of L'Oreal. Her husband and two sons, Jean-Victor Meyers and Nicolas Meyers, are also on the board. Bettencourt Meyers holds about 35 percent stake in the L'Oreal company.