French Heiress Ditches Boardroom, Banks $24B in Botox Cash
Meet Françoise Bettencourt Meyers, a 72-year-old French legend who just blew past Asia's richest dude Mukesh Ambani by $1 billion, getting richer on L'Oreal stock like it’s the ultimate anti-aging serum. She rode a 32% net worth boost in eight months to a staggering $98 billion, fueled by a 17% jump in cosmetics giant L'Oreal's shares to nearly $400. After dabbling on the board for 28 years, she retired in April and passed the vice chair baton to son Jean-Victor Meyers. Meanwhile, JPMorgan woke up in July to upgrade L’Oreal stock from 'underweight' to 'neutral'—because apparently, glowing skin equates to glowing portfolios.
Share the Story
When a 72-year-old French heiress out-earns tech billionaires by selling fancy face cream, you know capitalism’s true face is just a well-moisturized family inheritance battle that skipped generations.
Françoise just turned makeup money into a $24 billion glow-up, making Wikipedia’s richest people list look like a clearance sale at Sephora.
L'Oreal shares shot up faster than Botox injections at a Cannes afterparty, proving giant fortunes age like fine wine—the kind nobody drinks but everyone flaunts.
Source: Businessinsider | Published: 9/1/2025 | Author: Theron Mohamed
More Articles in Business
Local Newlywed Uses 12-Pound Ham to Outsocial Everyone in January Doldrums
Tourists Assume Swiss Map Is a Scroll, Ruin 3-Day Vacation
Exxon CEO Calls Venezuela 'Uninvestable' But Trump’s $100B Plan Stands Firmly on Fantasy
Oil Giants Say 'Sure, Venezuela Sounds Fun,' Then Sip Cautiously
Couple Buys Moldy Lakefront RV Park, Pretends It’s Boutique Hotel
Amazon: Now Selling Groceries and Your Impulse Warehouse Panic
Billion-Dollar Hedge Fund’s Head Trader Quits To Take 'Career Break,' Market Shrugs
