L'Oréal heiress Françoise Bettencourt Meyers is the richest newcomer in the Forbes 2018 Billionaires List with a fortune of $42.2 billion. She became the wealthiest woman in Europe after her mother, Liliane Bettencourt, died at age 94 in September 2017. The second-richest newcomer is Germany's Alexander Otto, the CEO of commercial real estate firm ECE Group, with $11.8-billion wealth.