Alice Walton, the daughter of Walmart founder Sam Walton, has seen her net worth soar past $95 billion for the first time, according to the Bloomberg Billionaires Index. This surge is largely attributed to a 44% increase in Walmart’s stock price this year, boosting her wealth by $25 billion.
In contrast, Françoise Bettencourt Meyers, the granddaughter of L’Oréal founder Eugène Schueller, has experienced a $9 billion decline in her wealth this year, bringing her total to $91 billion. This drop is due to a 12% decrease in L’Oréal’s share price since January.
At the end of last year, Bettencourt Meyers held a net worth of $100 billion, while Walton’s fortune was around $70 billion. Bettencourt Meyers is ranked 20th on Bloomberg’s rich list, with Walton just ahead at 18th. Walton’s siblings, Jim and Rob, also feature prominently on the list, with net worths of $98 billion and $95.8 billion, respectively. Each sibling owns more than 11% of Walmart, following their father’s distribution of shares among his four children. Together, they have earned over $15 billion from stock sales and dividends.
Bettencourt Meyers holds approximately 35% of L’Oréal, which includes major brands like Garnier and Maybelline. This stake was inherited from her mother, Liliane, who passed away in 2017.
Should Walton’s wealth continue to climb and surpass $100 billion, she will join the exclusive group of centibillionaires, including Elon Musk, Bill Gates, and Warren Buffett.
Walton and Bettencourt Meyers are among several prominent heiresses on Bloomberg’s wealth list, including Jacqueline Badger Mars and Abigail Johnson, whose grandfathers founded Mars and Fidelity, respectively.
