L'Oréal Hair becomes the first woman to be worth $100 billion

Bettencourt-Myers' fortune has surpassed $100 billion thanks to its rise L'Oreal SA The stock hit a record high on Thursday. On Thursday, her net worth reached $100.1 billion, according to Bloomberg.

The 70-year-old and her family own a stake of about 35% in L'Oréal, making them the largest shareholders in the company founded by her grandfather in 1909.

Bettencourt-Myers — also the world's richest woman — inherited tens of billions of dollars, as well as assets such as mansions, when her mother, Lillian Bettencourt, died in 2017. The two were embroiled in a family feud over her inheritance.

Bettencourt Myers, known for being a loner, spends her days at home reading or playing the piano. Vanity gallery It was published in 2017. She is also the author of two books: five volumes Bible study And a Genealogy of Greek Gods.

The second richest woman in the world is currently American Alice Walton, heiress to another retail empire: Walmart. Walton's fortune is $70 billion.

Although Bettencourt-Myers' fortune has reached $100 billion, making her the 12th richest person in the world, her fortune still lags behind fellow French retail tycoon Bernard Arnault.

Arnault, founder of LVMH Moët Hennessy Louis Vuitton, is the second-richest person in the world — after Elon Musk — with a net worth of $179 billion.

L'Oreal shares closed 0.6% higher at 451.30 euros on Thursday. The stock has risen by 35% since the beginning of the year.

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