Alice Walton, heiress to the Walmart fortune, has become the world’s richest woman, eclipsing Françoise Bettencourt Meyers, according to the latest updates to the Bloomberg Billionaires Index. Walton’s net worth has risen to over $95 billion, thanks to a remarkable 44% rise in Walmart’s stock price this year alone. This increase has increased her wealth by an incredible $25 billion and represents a significant milestone in her financial trajectory.

A turning point in fate

In contrast, Françoise Bettencourt Meyers, the granddaughter of L’Oréal founder Eugène Schueller, has seen her net worth drop by $10 billion this year. Her current wealth is now $90 billion. The drop is attributed to a 13 percent drop in L’Oréal shares since the beginning of the year and underscores the volatility of global markets that affects even the richest people.

Family inheritance and assets

Alice Walton’s rise to the top of the world’s richest women is part of a broader family legacy. Her brothers Jim and Rob Walton are also among the world’s richest women, with net worths of $98 billion and $95.8 billion respectively. Together they own significant shares in Walmart, with each holding over 11% of the company. Over the years, the siblings have amassed significant wealth through stock sales and dividends, earning more than $15 billion between them.

L’Oréal and the family heritage

Françoise Bettencourt Meyers inherits around 35 percent of L’Oréal and thus manages a significant share of the world’s largest cosmetics group. The company offers renowned brands such as Garnier and Maybelline and continues the legacy of her mother Liliane Bettencourt, who was the main shareholder until her death in 2017.

outlook

Alice Walton’s wealth continues to grow thanks to Walmart’s solid performance and strategic investments and remains a standout in global wealth rankings. Her journey underscores not only the influence of family legacies on wealth creation, but also the dynamics of wealth creation in today’s competitive business world.