2024 marks the third consecutive year that Francoise Bettencourt Meyers, heiress to the L’Oréal fortune, has landed in the top spot among female billionaires. Meyers inherited these riches from her mother, Liliane Bettencourt, who passed away in 2017 after years of drama.
Much of the scandal of this wealth transfer revolved around Liliane's relationship with a French photographer named François-Marie Banier. The two met during a photoshoot for Egoiste magazine in 1987. The two became close friends, and Bettencourt became Banier's primary benefactor.
In the following years, Liliane Bettencourt presented Banier with lavish gifts, including famous paintings, multimillion-dollar life insurance policies, and large sums of cash — all estimated at a value nearing $1.3 billion. This relationship fell under scrutiny as Bettencourt's physical and mental condition wavered.
Françoise accused Banier of manipulating her mother and filed a criminal complaint. In 2015, Banier was convicted of "abuse of weakness," and Meyers was awarded custody over her mother and the L’Oréal fortune.
Although Françoise Bettencourt Meyers is currently the queen of cash, here is a short list of other women on the Forbes World's Billionaires list who are close on her heels.