Francoise Bettencourt Meyers & family
Net worth: $87.1 billion
Brand: L’Oréal
The richest woman on the planet for the third year in a row, L’Oréal heiress Françoise Bettencourt Meyers is the granddaughter of the founder of L’Oréal. She owns around 33% of L’Oréal stock with her family. She has served on L’Oréal’s board since 1997 and is chairwoman of the family holding company. In 2022, L’Oréal was the leading beauty manufacturer in the world, with revenues amounting to $40.8 billion, covering 14% of the global market share, according to Statista. L’Oréal Group recorded $11.3 billion in sales in Q1 2023, recording a 13% annual increase like-for-like.
Miuccia Prada
Net worth: $5.3 billion
Brand: Prada
This story is from the July 2023 edition of Forbes Middle East - English.
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This story is from the July 2023 edition of Forbes Middle East - English.
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