Francoise Bettencourt Meyers

Most people, especially women, are unfamiliar with L'Oreal, the world's largest cosmetics company. As the only child of the majority shareholder of the organization, Liliane Bettencourt, Françoise Bettencourt Meyers, inherited her mother’s fortunes upon her death in 2017. In 2019, Francoise Bettencourt Meyers will be the successor to the L'Oréal brand empire. She is now the world's richest female billionaire, with a fortune of up to $49.3 billion.

LOréal is one of seven companies that control the entire global beauty market and industry. In 1960, the business purchased the Lancome & Garnier trademark and developed the Guy Laroche perfume line. LOréal, along with Unilever, Coty, Procter & Gamble, Shiseido, Johnson & Johnson, and Estée Lauder, is currently regarded as one of the seven major beauty firms in the world, dominating the entire beauty sector. LOréal bought the well-known Korean cosmetics company 3CE, created by Kim So Hee, around this time. This cosmetic brand dominated the Chinese and Japanese cosmetic marketplaces in 2019, generating approximately 80% more sales than in 2018. LOréal continues to successfully purchase Thayers Natural Remedies, a 170-year-old American skincare business, in 2020. Bettencourt Meyers is most known as the heiress of the world's most prestigious cosmetics company, but she also has a distinguished academic career. She is a gifted author who has published works on Jewish-Christian connections as well as Greek mythology.

Net worth: $74 billion

Country: France