Françoise Bettencourt Meyers
Françoise Bettencourt-Meyers just inherited the vast L’Oreal fortune following the death of her mother, Liliane Bettencourt.
By some estimates, this makes the 64-year-old the richest woman on earth, though Walmart heiress Alice Walton briefly held that title on Thursday.
As of Friday, Bettencourt-Meyers’ net worth was $42.3 billion, Bloomberg reported.
94-year-old Bettencourt was the richest woman in the world until she died on Wednesday.
The Bettencourt family, which founded L’Oreal, has a 33% stake in the company, which was worth $107.5 billion as of May 2017.
In 2016 the company reported revenue of €25.8 billion ($27 billion), according to Bloomberg.
Bettencourt’s father, Eugene Schueller, founded the company in 1907, and when he died she was his only heir.