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Home People Billionaire Watch

Francoise Bettencourt Meyers: World’s richest woman is $2.5 billion richer than Facebook’s Mark Zuckerberg

Olumide Adesina by Olumide Adesina
June 15, 2022
in Billionaire Watch
Francoise Bettencourt Meyers

Francoise Bettencourt Meyers, world's richest woman

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The world’s wealthiest woman is now $2.5 billion richer than Mark Zuckerberg, the founder of Facebook.

According to the Bloomberg billionaire index, Francoise Bettencourt Meyers has a net worth of $63.4 billion, while Mark Zuckerberg, who has lost roughly $60 billion year-to-date, has a net worth of $60.9 billion.

After falling out of the top 10 in March, Zuckerberg is now placed No. 17 on the list of top billionaires, while Francoise Bettencourt Meyers is ranked 16th.

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The drops can be ascribed to quickly growing inflation which has slowed the world’s largest economy as observers wait to learn how much the Federal Reserve will hike interest rates later today.

The staggering losses came despite a massive increase in their wealth during the outbreak last year, as businesses thrived as restrictions were eased.

What you should know about Francoise Bettencourt Meyers

  • L’Oreal, the world’s largest cosmetics company, is controlled by the world’s richest woman, who owns 33% of the company. She is the head of the holding company that owns the family’s shareholding, which her mother Liliane held until her death in 2017. Lancome and Garnier are owned by L’Oreal, which had revenue of 32.3 billion euros ($38.2 billion) in 2021.
  • With a net worth of $63.4 billion, Francoise Bettencourt Meyers can buy 34.9 million troy ounces of gold and 523 million barrels of crude oil.
  • Bettencourt Meyers’ mother Liliane Bettencourt was the world’s richest woman before she made the World’s Top Billionaires list for the first time in 2018.
  • The mother of two is the granddaughter of L’Oreal founder Françoise Bettencourt, has topped the list of the world’s wealthiest women since her mother’s death. Bettencourt Meyers, 68, has been a member of the L’Oreal board of directors since 1997, and her family owns 33% of the corporation. She’s also a published author, with writings on Greek gods and the Bible.
  • Bettencourt Meyers’ mother had a notoriously tumultuous relationship with her, and eight people were found guilty of manipulating her elderly mother in a 2015 court case, just a few years before the Bettencourt matriarch died.
  • In 2019, the family and the company teamed up to donate $226 million to assist rebuild Notre Dame Cathedral in Paris, which had been devastated by a horrific fire.

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Tags: Francoise Bettencourt Meyers
Olumide Adesina

Olumide Adesina

Olumide Adesina is a financial market writer, analyst and investment trader. Message Olumide on Twitter @Olumidecapital

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Comments 2

  1. Oori says:
    June 15, 2022 at 10:24 pm

    This is just a mere say, no one is Richer than Mark zuckerberg, even Elon musk is a learner, zuckerberg is not showing it but elon is a learner. Trust me, I’m not kidding. Metaverse to the rescue. One thing about me is that I’m always happy when I see people prosper.

    Reply
  2. jalal says:
    August 3, 2022 at 6:15 pm

    Greetings and Regards
    I am Mr. Jalal
    A number was sent to me from you saying that this is your lawyer and he told me to sign a donation certificate so that the amount of 5 million euros will be deposited into my account.
    And he asked me for money for that certificate, insurance, bank transfer, etc., which I paid.
    And again he asked for 450 euros, which I can no longer pay.
    He even sent me a photo of your passport to make sure
    Is this correct and this donation is true?

    Reply

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