Abdul Samad Rabiu
Founder and Chairman, BUA Group
Chairwoman of Téthys SAS; Board Member of L'Oréal
Françoise Bettencourt Meyers is a globally renowned French heiress, businesswoman, and author, recognized as the richest woman in the world. As the granddaughter of L'Oréal founder Eugène Schueller, she chairs Téthys SAS, her family's holding company, and serves on the board of L'Oréal. While her influence is primarily centered in Europe, her significant wealth and philanthropic endeavors have a broad international reach.
Françoise Bettencourt Meyers was born on July 10, 1953, in Neuilly-sur-Seine, a commune in the western suburbs of Paris, France. She is the only child of Liliane Bettencourt, a prominent French heiress and socialite, and André Bettencourt, a French politician who served as a minister in various French governments. Her maternal grandfather was Eugène Schueller, the visionary chemist and entrepreneur who founded the global cosmetics giant L'Oréal in 1909. Growing up within one of France's most affluent and influential families, Françoise was immersed in a world of immense privilege and responsibility from a young age. Her family's Catholic faith has also played a significant role in her personal life and intellectual pursuits, particularly in her later writings.
Françoise Bettencourt Meyers received her early education at the prestigious École alsacienne, a private school located in the 6th arrondissement of Paris, known for its rigorous academic curriculum and liberal arts approach. While specific details about her higher education degrees are not widely publicized, her intellectual interests are clearly demonstrated through her extensive literary output. She developed a profound passion for classical studies, particularly Greek mythology, and religious scholarship, focusing on the intricate relationship between Judaism and Christianity. These academic and intellectual inclinations set her apart from many of her peers in the business world, giving her a unique profile as both a formidable businesswoman and a serious scholar.
Françoise Bettencourt Meyers' career has been intrinsically linked to the L'Oréal empire, though not primarily in an operational management capacity. Her primary role has been as a significant shareholder and a strategic board member. She joined the board of directors of L'Oréal in 1997, a position she has held continuously since. Through Téthys SAS, her family's holding company, she controls the family's substantial stake in L'Oréal, which amounts to over 33% of the company's shares, making the Bettencourt Meyers family the largest single shareholder. Following her mother Liliane Bettencourt's passing in September 2017, Françoise inherited the L'Oréal fortune, a monumental inheritance that cemented her status as the wealthiest woman in the world. Her career has largely focused on overseeing this vast fortune, ensuring the continued success and ethical governance of L'Oréal, and managing the extensive philanthropic endeavors of the Bettencourt Schueller Foundation. She has also carved out a distinct career as an author, publishing several books that reflect her deep academic interests, including works on Greek mythology and a comprehensive five-volume study of the Bible.
Françoise Bettencourt Meyers' most significant achievement is her stewardship of the L'Oréal legacy and her emergence as the world's wealthiest woman. Her careful oversight of the family's shares and her role on the L'Oréal board have contributed to the continued growth and global dominance of the cosmetics giant. Beyond her business acumen, she is a prolific author, having published several notable works. These include a comprehensive five-volume study titled 'A Look at the Bible: Guide for All Christians and Jews,' a genealogy of the gods in Greek mythology, and a book on Jewish-Christian relations. These literary contributions showcase her profound intellectual depth and commitment to scholarship. Furthermore, she serves as the president of the Bettencourt Schueller Foundation (Fondation Bettencourt Schueller), which she co-founded with her parents. This foundation is a major philanthropic entity in France, dedicated to supporting scientific research, arts and crafts, and various solidarity projects, demonstrating her commitment to societal betterment and innovation. Under her leadership, the foundation has become a significant patron of French science and culture, funding numerous groundbreaking initiatives.
Françoise Bettencourt Meyers is known for maintaining a relatively private life despite her immense wealth and public profile. She married Jean-Pierre Meyers in 1984. Jean-Pierre Meyers is the grandson of a rabbi who was murdered at Auschwitz, a background that informed Françoise's later academic interest in Jewish-Christian relations. They have two sons, Jean-Victor Meyers and Nicolas Meyers. Both sons are also involved in the family business and philanthropy, with Jean-Victor serving on the L'Oréal board alongside his mother. The family resides primarily in France. A significant chapter in her personal life was the highly publicized 'Bettencourt affair' (L'affaire Bettencourt), a protracted legal and media scandal that began in 2007. The affair involved a dispute between Françoise and her mother, Liliane, over allegations that the photographer François-Marie Banier had exploited Liliane Bettencourt, who was suffering from dementia. The complex legal battle, which included accusations of political donations and tax evasion, resulted in several convictions and had a profound impact on the family's public image, ultimately leading to Françoise being granted guardianship over her mother's fortune and affairs in 2011.
Françoise Bettencourt Meyers' legacy is multifaceted. As the inheritor and steward of the L'Oréal fortune, she represents the continuation of one of the world's most successful business dynasties. Her commitment to maintaining the family's controlling stake in L'Oréal ensures its long-term stability and strategic direction. Beyond her corporate influence, her intellectual contributions as an author have established her as a serious scholar, particularly in the fields of religious studies and classical mythology. Her role as president of the Bettencourt Schueller Foundation solidifies her legacy as a significant philanthropist, driving innovation in science, preserving cultural heritage, and supporting humanitarian causes. The foundation's substantial grants and awards have a lasting impact on numerous fields, fostering excellence and addressing critical societal needs. Despite the controversies that have marked her family's history, Françoise Bettencourt Meyers has demonstrated resilience and a steadfast commitment to her family's business and philanthropic missions, solidifying her position as a formidable figure on the global stage, though her direct leadership is not within the African context as defined by this directory.
Born Françoise Bettencourt in Neuilly-sur-Seine, France.
Married Jean-Pierre Meyers.
Co-founded the Fondation Bettencourt Schueller with her parents, Liliane and André Bettencourt.
Joined the board of directors of L'Oréal, a position she continues to hold.
Began legal dispute with her mother over alleged exploitation, leading to a highly publicized scandal and eventually gaining guardianship over her mother's affairs.
Published her five-volume work, 'A Look at the Bible: Guide for All Christians and Jews,' showcasing her deep scholarly interests.
Inherited the L'Oréal fortune upon her mother Liliane Bettencourt's death, becoming the world's wealthiest woman.
Assumed the role of Chairwoman of Téthys SAS, the family holding company that manages the Bettencourt Meyers' stake in L'Oréal.
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