Business Chief Europe Magazine November 2018 | Page 75

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Françoise Bettencourt Meyers & family

Françoise Bettencourt Meyers inherited the £ 79.3bn L ’ Oréal fortune following the death of her mother , Liliane Bettencourt , last year . Boasting a 33 % stake in the world ’ s largest cosmetic maker , Bettencourt Meyers currently stands as the richest woman in Europe with a net worth of $ 42.2bn . She runs the family ’ s holding company as chairwoman . Today , L ’ Oréal owns makeup brands including Lancôme and Garnier with reported a revenue of $ 29.4bn in 2017 . www . loreal . com
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