In this article, we are going to discuss Françoise Bettencourt Meyers’s net worth.
Françoise Bettencourt Meyers is a French heiress, businesswoman and philanthropist. She is the daughter of Liliane Henriette Charlotte Schueller and André Bettencourt, who was the founder of the cosmetics company L’Oréal.
Her net worth is estimated at $44.7 billion as of 2019, making her the richest woman in Europe.
Bettencourt Meyers inherited her fortune when her father died in 2007. She has since become a major player in French politics, serving as a deputy in the National Assembly from 2012 to 2017. She is also a prominent philanthropist, donating millions of dollars to various causes over the years.
The daughter of André and Liliane Bettencourt, Françoise was born in Paris on 10 July 1953. Her parents were both involved in French politics; her father served as a deputy for the district of Neuilly-sur-Seine from 1967 to 1993, while her mother was a senator from 1986 to 2007.
Françoise Bettencourt Meyers inherited her parents’ interest in politics and has been involved in various causes over the years. She is a patron of the arts and has donated millions of dollars to various museums and art galleries.
In addition, she has given generously to humanitarian and social causes, including disaster relief and children’s welfare.
In 2007, Bettencourt Meyers’ father died, leaving her an estimated net worth of $24.5 billion. This made her the richest woman in Europe and the fourth richest person in the world.
In the years since inheriting her fortune, Bettencourt Meyers has become a major player in French politics.
Who is Françoise Bettencourt Meyers?
The heiress to the L’Oréal cosmetics fortune is poised to become the world’s richest woman after she inherits half of her father’s $30 billion estates.
Françoise Bettencourt-Meyers, 53, recently sued photographer François-Marie Banier for allegedly abusing her mother, L’Oréal cosmetics heiress Liliane Bettencourt.
Barnier is accused of convincing the ailing 94-year-old to give him more than $1 billion over the years, including $488 million in cash and assets in 2011 alone.
The case is still ongoing, but if Bettencourt-Meyers wins, she would become the richest woman in the world, surpassing Christy Walton, the widow of Walmart founder John T. Walton.
Born Françoise Bettencourt in 1961, she is the only daughter of Liliane Bettencourt and her husband André Bettencourt.
She attended boarding school in Switzerland before studying law at Panthéon-Assas University in Paris.
After graduating, Bettencourt-Meyers worked as a lawyer for the French government.
In 1987, she married her husband Jean-Pierre Meyers, who is of Jewish descent. The couple has three children.
Bettencourt-Meyers has been estranged from her mother since 2007 after the heiress’ accountant revealed her $18 million secret Swiss bank account.
She currently lives in Geneva with her family and is not involved in L’Oréal’s business. She also has no ownership or voting rights at L’Oréal, which was passed to Liliane Bettencourt alone and will now pass to Françoise.
Françoise Bettencourt Meyers: Career and Education
Françoise Bettencourt Meyers (born Françoise Madeleine Berthe Jeannette, 19 April 1953) is the sole heir of L’Oréal fortune heiress Liliane Bettencourt. Before her 10 November 2007 marriage she was known as Françoise Bettencourt. She is an author and philanthropist.
Bettencourt Meyers was born in Neuilly-sur-Seine, Hauts-de-Seine, France. She is the only child of Liliane Bettencourt and André Bettencourt. Her father was an entrepreneur and her mother was a L’Oréal heiress.
Bettencourt Meyers was educated at the Cours Hattemer, a private school in Paris.
After her father died in 2007, Bettencourt Meyers became the owner of 33% of L’Oréal. She is also the heiress to the Bettencourt family fortune, which is estimated at $40 billion.
In 2009, she published a book about her family, “Le clan Bettencourt: L’Oréal, l’argent, l’amour”.
Bettencourt Meyers is the president of the Bettencourt Schueller Foundation. She has also served as a member of the board of directors for L’Oréal and a trustee of the Museum of Modern Art in New York City.
In November 2017, Bettencourt Meyers was accused of tax fraud. She was later cleared of all charges. In February 2018, it was revealed that she and her husband had been investigated for corruption as part of the “Benalla affair”. The couple was eventually cleared of all charges.
On 23 October 2018, Bettencourt Meyers announced she would give up her French citizenship and leave France to avoid paying taxes on her inheritance of $1 billion from her mother Liliane who is a dual citizen of France and Switzerland.
Françoise Bettencourt Meyers In The Media
Françoise Bettencourt Meyers YouTube Videos
FAQ: Françoise Bettencourt Meyers Net Worth [Year]
👉 What is the definition of a trust in a will?
A trust is a fiduciary relationship between three parties: a settlor, a trustee, and a beneficiary. The trust's principal or corpus (Latin for the body) becomes the trustee's property, held for the benefit of the beneficiary. Typically, but not always, there is a written trust instrument which sets out the terms of the trust and how it will be administered.
✅ Who are the beneficiaries of François Bettencourt Meyers' estate?
The beneficiaries of François Bettencourt Meyers' estate include his wife, Liliane Bettencourt, and their children.
👉 What is the principal asset of François Bettencourt Meyers' estate?
The principal asset of François Bettencourt Meyers' estate is his ownership stake in L'Oréal, which he inherited from his mother.
Conclusion: Françoise Bettencourt Meyers Net Worth [Year]
Françoise Bettencourt Meyers is the heiress to the L’Oréal cosmetics fortune. She has been embroiled in a legal battle with her father, Liliane Bettencourt, over control of the company.
In September 2018, a French court ruled that Françoise was the rightful heir to her mother’s estate and should take control of L’Oréal. This verdict was overturned on appeal in November 2018, but the case is still ongoing.
It is not yet clear what will happen to L’Oréal if Françoise Bettencourt Meyers ultimately takes control of the company. Some have speculated that she may sell it off or merge it with other brands that she controls.
Analysts have pointed out that the company has no obvious successor to take it over if Bettencourt Meyers decides to sell.
L’Oreal is currently the world’s largest cosmetics company, with over $30 billion in annual sales. The company was founded by Eugène Schueller, who died in 1957.
Liliane Bettencourt, who was the richest woman in the world at one point, took over the company after her husband’s death. She and her daughter have been locked in a legal battle over control of the business for years.