For the first time in history, a woman became the owner of a fortune of $100 billion.

The heiress of the L’Oréal cosmetics empire, Francoise Bettencourt-Meyers, according to the Bloomberg Billionaires Index, became the first woman in the world with a fortune of more than $100 billion. Writes about this Business Insider.

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Bettencourt-Myers' fortune has crossed the $100 billion mark thanks to the growth of L'Oréal S.A. shares, which reached a record high on December 28. Her fortune reached $100,1 billion.

The 70-year-old and her family own about 35% of L'Oréal, making them the largest shareholders in the company founded by her grandfather in 1909.

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Bettencourt-Myers, who is the world's richest woman, inherited tens of billions of dollars, as well as assets in the form of mansions, when her mother Liliana Bettencourt died in 2017. A family feud broke out between relatives over her inheritance.

Bettencourt-Myers is known to lead a reclusive life and spends his days at home reading or playing the piano, Vanity Fair reported in 2017. She is the author of two books: a five-volume study of the Bible and a genealogy of the Greek gods.

The second richest woman in the world is currently American Alice Walton, heiress to another retail empire, Walmart. Walton's fortune is estimated at $70 billion.

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Although Bettencourt-Meyers' net worth has reached $100 billion, making her the 12th richest person in the world, she is still behind fellow French retail tycoon Bernard Arnault.

Arnault, the founder of LVMH Moët Hennessy Louis Vuitton, is the second richest person in the world after Elon Musk with a net worth of $179 billion.

On Thursday, L'Oréal shares closed 0,6% higher at 451,30 euros. Since the beginning of the year, the company's shares have increased by 35%.

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