World’s richest woman, Francois Meyers loses $1.2B 

Francoise Bettencourt Meyers, the 70-year-old French billionaire and owner of L’Oreal, the world’s leading cosmetics company, has recently experienced a drop in her net worth. 

 According to data tracked on Bloomberg’s billionaire index, Meyers’ fortune has depleted by a staggering $1.2 billion, reducing her total net worth to $92.2 billion.  

This is a substantial decrease from her previous net worth of $93.5 billion, which she held before the fall in market value price.