What is Francoise Bettencourt Meyers’ net worth?
| net worth: | $69 billion |
|---|---|
| age: | 71 |
| date of birth: | July 10, 1953 |
| gender: | female |
| high: | 1.70 m (5 ft 7 in) |
| country of origin: | France |
| Source of wealth: | entrepreneur |
| Last updated: | July 31, 2024 |
introduce
As of July 2024, Francoise Bettencourt Meyers’ net worth is approximately $69 billion.
Francoise Bettencourt Meyers is a French billionaire heiress and author of biblical commentaries and books on Jewish-Christian relations.
Her family owns L’Oréal, and she inherited the fortune after her mother, Lillian, died.
early life
Françoise Bettencourt Meyers is the daughter of Liliane Bettencourt.
Liliane is a French heiress, socialite and businesswoman, and one of the major shareholders of L’Oréal.
At the time of her death, she was the richest woman in the world and the 14th richest person in the world, with a net worth of $44.3 billion.
Françoise Bettencourt Meyers married Jean-Pierre Meyers, the grandson of a rabbi murdered at Auschwitz.
After their marriage, the Meyers decided to raise their children as Jewish.
Her marriage was rife with controversy when her grandfather, L’Oréal founder Eugène Schueller, was put on trial for collaboration with the Nazi government.
Profession
As the only daughter of Liliane Bettencourt, Françoise Bettencourt grew up surrounded by some of the wealthiest people in the world.
She carried on her mother’s legacy, exploring her spiritual nature in literature while serving as chairperson of various charitable foundations.
With his impressive wealth, Bettencourt not only influenced policy making, but also donated a lot of money to various charitable causes.
1997 L’Oréal Board of Directors
Francoise Bettencourt grew up in an environment of wealth and luxury, and in 1997 she fully entered the business world.
That same year, she began serving on the board of directors of the family business L’Oréal, which was founded in the mid-nineteenth century under the brand name Oréal.
Over the years, L’Oréal has rapidly grown into one of the world’s leading personal care companies with a global presence.
A few years before Bettencourt joined the board, the company acquired Synthélabo, its first foray into pharmaceuticals.
By 1999, under Bettencourt’s leadership, the company had expanded through the merger of Sanofi and Synthelabo, and again in 2004 with Aventis.
During his time at the company, Bettencourt has worked with some of the wealthiest models in the world on various marketing campaigns.
L’Oréal’s remarkable achievements in the 21st century
With Bettencourt as its major shareholder and chairman, L’Oréal continued to maintain its outstanding market performance in the 21st century.
The company acquired YSL Beauty in 2008 for $1.8 billion and further expanded its international presence in 2014.
After striking a deal to acquire NYX Cosmetics, they merged with Chinese beauty brand Magic Holdings for $840 million.
Other achievements of the decade included the buyback of Nestlé shares, which increased Domaine Bettencourt’s stake in the company.
As L’Oréal expanded by leaps and bounds, François Bettencourt was forced to sue French photographer François-Marie Banier.
After defrauding her mother and illegally stealing her money, he made international headlines when it was revealed he had stolen up to $1 billion.
Became the successor of L’Oréal in 2017
In 2017, Liliane Bettencourt passed away, which greatly increased the wealth of Francoise Bettencourt as the sole heir to her mother’s estate.
She is already extremely wealthy and is currently one of the richest women in the world, worth billions of dollars.
In the following years, the L’Oréal brand continued to improve its overall prospects and profit margins through a series of high-profile collaborations.
In 2018, the company partnered with Valentino to launch a new fragrance line and acquired Takami Co, a Japanese company that sells high-end products in Japan.
In the years that followed, ongoing mergers and acquisitions continued to significantly increase Bettencourt’s overall net worth.
Their 2023 annual financial results show record double-digit growth and outstanding market performance, dominating the industry.
Role at the Bettencourt Meyers Charitable Foundation
In addition to her active role in the family business, Françoise Bettencourt also plays a key role in various charities and philanthropic foundations.
She works on projects of her family foundation to help the French nation advance in various scientific and artistic pursuits.
In 2019, Bettencourt worked with authorities to repair Notre Dame, which had suffered severe fire damage, and donated $226 million to the restoration project.
As of July 2024, Francoise Bettencourt Meyers’ net worth is $69 billion.
emphasize
Here are some highlights from Francoise Bettencourt Meyers’ career:
- Greek Gods. Genealogy (autobiography, 1994)
- Regard sur la Bible, Volume 5 (autobiography, 2008)
- Genealogy of Adam and Eve and the Tribes of Israel
Francoise Bettencourt’s favorite quotes
“Hair dye is a niche market with very limited prospects. You are bound to fail.” – Françoise Bettencourt
“Continue to see Banner“I feel suffocated with him. The last few months, with all the controversy, have been horrible… Francois-Marie hasn’t changed at all! It’s impossible to live with him.” – Françoise Bettencourt
3 inspirational lessons from Francoise Bettencourt
Now that you know Francoise Bettencourt Meyers’ net worth and how she achieved her success; let’s take a look at some of the best lessons we can learn from her:
1. Put a price tag on your time to make it valuable
Time is a precious resource, and one that never comes back. To perform at the highest level, you must fully understand the importance of time. You must prioritize your life and career in a way that aligns with what you value most.
2. Stay curious
“Stick to what you know” is a strict school of thought in many startup circles. After practicing it for so many years, I’ve come to believe the exact opposite.
By keeping an open mind to new ideas and novelties, you create opportunities for yourself.
By being exposed to a wide range of businesses and products, your horizons will expand.
3. Control your thoughts
Most of my lessons have come from failures, setbacks, and frustrations. Although painful, they have fostered self-awareness and made me grow.
Conversely, if you always wear blinders, your vision will become too narrow and you will miss promising opportunities.
Frequently Asked Questions
How much is Francoise Bettencourt Meyers worth?
Francoise Bettencourt Meyers’ net worth is estimated at $69 billion.
How old is Francoise Bettencourt Meyers?
Françoise Bettencourt Meyers was born on July 10, 1953 and is now 71 years old.
How tall is Francoise Bettencourt Meyers?
Francoise Bettencourt Meyers’ height is 1.70 meters, which is equivalent to 5 feet 7 inches.
Summary
Francoise Bettencourt Meyers is one of the richest women alive today.
She is a French author and a member of the board of directors of L’Oréal.
She also serves as chairwoman of the family foundation, the Bettencourt Schuler Foundation.
As of July 2024, Françoise Bettencourt Meyers’ net worth is estimated at $69 billion, making her one of the richest women in the world.
What do you think of Francoise Bettencourt Meyers’ net worth? Leave a comment below.
Categories: Net Worth
Source: svlsf.edu.vn