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Françoise Bettencourt Meyers Becomes First Woman to Reach $100 Billion Fortune

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Françoise Bettencourt Meyers, the proprietor of L’Oreal and the world’s wealthiest woman, has broken new ground by becoming the first female to amass a fortune exceeding $100 billion, reports Bloomberg.

According to Bloomberg’s Billionaires Index, Bettencourt Meyers ranks as the 12th richest individual globally, following Carlos Slim who recently became the first person from Latin America to cross the $100 billion wealth threshold.

The latest figures show that L’Oreal, the leading cosmetics company worldwide, garnered over 38 billion euros in sales in 2022.

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Françoise Bettencourt Meyers and her family hold ownership of more than 34% of L’Oreal’s shares.

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