The richest woman in the world in 2022 has been officially announced. Who is she and what empire has she built to get here?
Forbes recently released its World’s Billionaires List for 2022. There are 327 women listed, but this woman had the highest net worth of all of them. Her name is not likely one you’ll recognize, and she is not a celebrity.
However, I can guarantee that you probably own a product from at least one of the 35 companies she owns.
Let me share some details on the richest woman alive today, L’Oréal heiress Françoise Bettencourt Meyers.
The Richest Woman Alive — Because She’s Worth It
First of all, please forgive me for the pun.
Françoise’s current net worth is $74.8 billion dollars. That is an increase of $1.2 billion from last year!
However, the fact that she inherited the legendary beauty brand doesn’t mean she hasn’t worked for it.
As a result of her inheritance, Bettencourt Meyers became the Vice-Chair of the Board last year. But the 68-year-old billionaire has been serving on the company’s Board of Directors since 1997.
She also acts as the President of L’Oréal’s philanthropic initiative that is to further France’s contribution to the arts and science.
Françoise Bettencourt Myers’ Assets
Over 100 years ago, Eugène Schueller founded L’Oreal. Its massive success has enabled the company to acquire 34 more cosmetics, skincare, and personal care brands since its establishment in 1909.
These brands include household names like:
- NYX Cosmetics
Between these and the L’Oréal parent company, there are currently over 85,000 employees. It is no wonder she is the richest woman alive with an empire that size.
What is the lesson we can learn from the richest woman alive? I think that this is an incredible example of taking a strong foundation and repeating successful actions to create generational wealth. Françoise Bettencourt Meyers had a powerful opportunity and didn’t waste it.
For billion-dollar insights straight from some of the wealthiest people in the U.S., watch the Official Recording of 10X Growth Conference 2022.
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