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Meet the richest woman in history — $100 Billion owner François Bettencourt-Meyer

06:17 PM | 29 Dec, 2023
François Bettencourt-Meyer
Source: François Bettencourt-Meyer (Instagram)

For the first time, a woman made history by becoming the richest lady with a mind blowing amount of money in her bank account!

According to a Bloomberg report, a French woman named François Bettencourt-Meyer's assets have exceeded $100 billion, and if that wasn't enough, François also clinched the title of being the first woman to achieve such a milestone in history.

François is the owner of one of the most popular makeup brand companies in the world, and is the 12th richest person in the world along with Elon Musk, Jeff Bezos, Mark Zuckerberg, Mukesh Ambani, Amancio Ortega, and Gautam Adani.

The 70-year-old is the only child of her parents, and inherited the empire L'Oréal group of companies founded by her father. After her mother's death in 2017, François got 33 percent of the company's shares including other assets.

She currently serves as the vice-chairperson of the world's largest cosmetic company.

Francoise Beton Court Meyers likes to write and has authored several books on various topics.

François spends her daily dedicated time playing the piano and is also actively involved in charity work.

However, the most recent addition to Francois Bettencourt-Meyer's wealth is L'Oréal's high performance on the stock exchange this year, its highest since 1998.

François and her family own about 35 percent of the L'Oreal company, making them the single largest shareholders. Her husband is the company's CEO and sons Jean-Victor Meyers and Nicholas Meyers serve as directors.

The writer is a staff member.

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PKR exchange rate to US dollar, Euro, Pound, Dirham, and Riyal - 13 April 2024 Forex Rates

Pakistani currency remains largely same against US dollar and other currencies in open market on April 13, 2024.

US Dollar rate in Pakistan

On Saturday, the US dollar was being quoted at 277.4 for buying and 280.65 for selling.

Euro was quoted at 299.95 for buying and 302.9 for selling while British Pound stands at 349.5 for buying, and 353 for selling.

UAE Dirham AED was at 75.45 and Saudi Riyal's new rates was at 73.30. 

Today’s currency exchange rates in Pakistan - 12 April 2024

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