Francoise Bettencourt-Meyers, the L'Oreal heiress and richest woman in the world became the first woman to hold a $100 billion fortune as of December 28 2023. The over-70-year-old owns about 34% of company stocks. The company's shares have been ever-towering since the pandemic and were up by 29% in just the first half of 2023, as reported by Forbes.