Betancourt Meyers, a woman who rose to prominence through the success of her family's L'Oréal business, became the world's richest woman with a personal net worth of more than $100 billion. Her wealth has surged, largely due to the strength of L'Oréal's share price**. Driven by consumer enthusiasm for luxury goods, L'Oréal's share price has soared 35% this year.
As Chairman of the Board of Directors of the family-owned Tethys and Vice Chairman of the Board of Directors of L'Oréal, Bettencourt Meyers plays a key role in the giants of the global cosmetics industry. L'Oréal, the global cosmetics company that owns several well-known brands such as Lancôme and Maybelline, generated sales of 38 billion euros in 2022. This year, L'Oréal acquired the Australian brand AESOP for a sky-high price of $2.5 billion, setting a new record for its brand acquisition.
The reason why Bettencourt Meyers' personal wealth can exceed the 100 billion dollar mark is not only the best of L'Oréal's stock price, but also her personal foresight and the company's sound operation. Her success is not only the result of L'Oréal's efforts, but also the market's recognition of its strategy and products. Against the backdrop of global economic volatility, Bettencourt Meyers has stood out, and her business acumen and leadership have put her in the spotlight of the global business community. We look forward to her continuing to write her own business legend and setting a new benchmark for global women's power. Social