Francoise Bettencourt Meyers has become the first woman to amass a $100 billion fortune – marking another milestone for the heiress and for France’s expanding fashion and cosmetics industries.
Her wealth jumped to $100.1 billion on Thursday, according to the Bloomberg Billionaires Index.
The milestone came as shares of L’Oreal, the beauty products empire founded by Ms Bettencourt Meyers’ grandfather, rose to a record high, with the stock set for its best year since 1998.
She’s now the 12th-richest person in the world, just behind Mexico’s Carlos Slim.
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