Francoise Bettencourt Meyers & family

Early Life

Françoise Bettencourt Meyers was born on July 10, 1953, in Neuilly-sur-Seine, France. She is the only child of Liliane Bettencourt, the heiress to the L'Oréal fortune, and André Bettencourt, a French politician. Growing up in a privileged environment, she was raised in a strict Catholic household and attended Marymount International School. Bettencourt Meyers developed a deep interest in literature, philosophy, and music, which reflected her reflective nature.

Rise to Success

Françoise Bettencourt Meyers inherited a significant stake in L'Oréal after her mother's death in September 2017. She is the granddaughter of Eugène Schueller, the founder of L'Oréal. Her inheritance, combined with her family's strategic investments through Téthys Invest and the rising value of L'Oréal shares, has propelled her to become the wealthiest woman in the world. She has also served on L'Oréal's board of directors.

Key Business Strategies

Bettencourt Meyers and her family hold a substantial stake in L'Oréal. Her wealth has grown due to the company's strong performance, supported by global demand in the prestige beauty segment. Her focus on long-term investments and innovation has contributed to her financial success. She is the chairwoman of the family holding company, Téthys Invest.

Philanthropy

Françoise Bettencourt Meyers is actively involved in philanthropy. She is the chairwoman of the Bettencourt Schueller Foundation, which supports scientific research, cultural projects, and humanitarian causes. The foundation has donated millions towards medical research, education, and the arts.