Business World

Saturday 18 November 2017

World's five richest women: Wealthiest is 90-year-old L’Oreal heir

6. Sheryl Sandberg, COO, Facebook
6. Sheryl Sandberg, COO, Facebook
At age 90, Liliane Bettencourt is the world's richest woman
BEVERLY HILLS, CA - AUGUST 16: Producer Christy Walton attends the 28th Annual Imagen Awards at The Beverly Hilton Hotel on August 16, 2013 in Beverly Hills, California. (Photo by Alberto E. Rodriguez/Getty Images)
Ailish O'Hora

Ailish O'Hora

FACEBOOK’s Sheryl Sandberg joins an elite but growing list of female billionaires.

According to the Forbes Rich List there were 138 last year, up from just over 100 in 2012.

1: THE world’s richest woman is Liliane Bettencourt (90) who is worth about $30bn. The source of her wealth is L’Oreal, her father founded the company and she and her family own 30pc of it. She first entered the Forbes Rich list in 1999.

2. Second up is Christy Walton who inherited her husband’s Wal-Mart wealth when he died in an airplane crash in 2005. Her net worth is $28.5bn – and she is also the richest woman in the US.

3. The third richest woman is another Walton, Alice. The Wal-Mart heiress is $26.3bn and she is one of the family’s most generous philanthropists.

4. Chile’s Iris Fontbona ranks fourth. Her net worth is $17.4bn and the source is mining. Her husband died of cancer in 2005 leaving the empire in her hands of his wife and sons. They control Antofagasta, one of the world’s biggest copper mines.

5. Fifth on the list is Australia’s Georgina Rinehart whose net worth is $17.5bn. Again, the source of wealth is mining.



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