⬅ # 15 Michael Dell|# 17 Gautam Adani

# 16 Françoise Bettencourt Meyers 


Real Time Net Worth
as of 4/12/2024
-$1.2B (-1.34%)

# 16 Françoise Bettencourt Meyers 


Real Time Net Worth
as of 4/12/2024
-$1.2B (-1.34%)
Source of WealthL'Oréal
ResidenceParis, France
Marital StatusMarried
Age-Adjusted Net Worth$46.4B
Françoise Bettencourt Meyers
Françoise Bettencourt Meyers
Net worth: $91.2B

Self-Made Score 

Wealth History

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Françoise Bettencourt Meyers was born on July 10, 1953, in Neuilly-sur-Seine, France.
She is the granddaughter of Eugène Schueller, the founder of L'Oréal, the world's largest cosmetics and beauty company.
Bettencourt Meyers became the heiress and principal shareholder of L'Oréal following the passing of her mother, Liliane Bettencourt, in 2017.
She serves as the chairwoman of the family holding company, Téthys, which manages the Bettencourt family's stake in L'Oréal.
Bettencourt Meyers is a noted author and scholar, having written books on topics such as Greek mythology and Jewish-Christian relations.
She is actively involved in philanthropy, focusing on initiatives related to education, medical research, and the arts.
Bettencourt Meyers has advocated for the ethical and sustainable practices of L'Oréal, promoting environmental and social responsibility within the company.
In 2024, she became the first woman to enter the $100B club.

How long would it take you to become as rich as Françoise Bettencourt Meyers?

If you started with $10,000 and invested an additional $500 each month at a 44.18% CAGR, it would take you 5 years to reach Françoise Bettencourt Meyers's net worth of $91.2B.

Is this realistic? It depends how closely the VIX-TA-Macro Advanced model performs to its history in the future. Since Grizzly Bulls launched on January 1, 2022, it's returned 36.27% compared to 8.51% for the S&P 500 benchmark.

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Françoise Bettencourt Meyers is very wealthy, but what's stopping you from reaching that same level of success? As summarized in our five fundamental rules to wealth building, becoming wealthy in a modern capitalist economy is not complicated. There's actually only three variables:

  1. Your starting capital
  2. Your earnings after expenses
  3. The compound annual growth rate (CAGR) of your savings

Most people start with zero or very little, so if you weren't born into wealth, don't fret! The majority of the fortunate folks listed in our Grizzly Bulls’ Billionaires Index came from middle class or lower backgrounds. The most distinguishing characteristic of the group is their ability to consistently earn a high CAGR on their savings.

Every billionaire has a unique strategy to achieve high CAGR. For Françoise Bettencourt Meyers, L'Oréal is the primary source. Whether you choose to invest your savings in your own businesses or the businesses of others is not as important. The salient piece of the puzzle is ensuring that your hard-earned savings are generating sufficient CAGR to reach your long term goals.

Most people simply invest their money in index funds and call it a day. There's nothing wrong with this approach, but it guarantees relative mediocrity. To achieve greatness, you need to invest your money to earn higher than average returns. In the long run, better investors will always finish ahead of better earners.

Source: Grizzly Bulls reporting

Methodology: Grizzly Bulls' Billionaires Index is a daily ranking of the world's billionaires and richest people. Grizzly Bulls strives to provide the most accurate net worth calculations available. We pull data from public equity markets, SEC filings, public real estate records, and other reputable sources.

The index is dynamic and updates daily at the close of U.S. stock market trading based on changes in the markets, economy, and updates to Grizzly Bulls' proprietary algorithm of personal wealth calculation. Stakes in public companies are tracked daily based on the relevant closing prices of the underlying securities. Additionally, stakes in private companies, cash, real estate, and other less easily valued assets are updated periodically through careful analysis of insider transactions, comparable public company sales / EBITDA multiples, etc.

Edited by: Lee Bailey