L’Oreal heiress is first woman to amass a fortune of $100bn ...Middle East

London: The L’Oreal heiress and businesswoman, Francoise Bettencourt Meyers, has become the first woman to amass a fortune of $100bn, media reports said. Bettencourt Meyers, who is French, broke through the barrier on Thursday thanks to a rise in the share price of the cosmetics empire she inherited from her mother, who also held the title of the world’s richest woman until her death in 2017. L’Oreal was founded in 1909 by Eugene Schueller, Bettencourt Meyers’s grandfather, to manufacture and market a hair dye he had invented, The Guardian reported. Based in the north-western Parisian suburb of Clichy, in the region of Hauts-de-Seine, it has grown into a globe-straddling colossus valued at

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