Francoise Bettencourt Meyers: The Richest Female Entrepreneur In The World

Women entrepreneurs have a significant impact on the global economy, society, and communities. Their contributions span across multiple domains which has been extremely impactful.

Over the years, women entrepreneurs have been driving change by creating jobs, fostering innovation, and promoting social progress, leading to a more inclusive and equitable global economy.

One of them is Francoise Bettencourt Meyers— who as of 2023, is the richest female entrepreneur. The French billionaire heiress and businesswoman is the granddaughter of the founder of L’Oréal, the world’s largest cosmetics company.

Francoise Bettencourt Meyers’ net worth is estimated at over $90 billion, making her the wealthiest woman in the world. She inherited her wealth primarily from her family’s stake in L’Oréal.

Her Role in L’Oréal:

Bettencourt Meyers is not just a passive shareholder. She serves as the chairwoman of the family holding company that controls L’Oréal and is actively involved in the management of the company.

Under her leadership, L’Oréal has continued to grow, especially through innovations in skincare, beauty, and cosmetics.

Francoise is also a philanthropist with other interests. Her family has donated millions to causes such as scientific research, cultural heritage preservation, and disaster relief.

She has a foundations– ‘The Fondation Bettencourt Schueller‘ which is created and recognized as being in the public interest: “When you receive a lot, you must love to freely give some back to society.”

The Impact Of Women Entrepreneurs In The World

Those were the words in which Liliane Bettencourt, her husband André and their daughter Françoise Bettencourt Meyers announced the creation of the Fondation Bettencourt Schueller, whose goal is to “take talents to the top” to contribute to the success, influence and reputation of France.

In this spirit, the Foundation supports women and men committed to meeting the major challenges facing society in three areas that promote the common good: the life sciences, the arts and solidarity.

She is a published author, having written several books on Greek mythology and Jewish-Christian relations. Her wealth comes from her family’s longstanding success in the cosmetics industry, making her a powerful figure in both the business and philanthropic worlds.