First woman centi-billionaire? She is the world's richest woman at $95 billion
Alice Walton will become a member of an exclusive elite group of centi-billionaires, which includes Elon Musk, Bill Gates, and Warren Buffett, soon, provided her wealth keeps increasing and surpasses the $100 billion threshold.
The Walmart heiress surpassed the L'Oréal heiress Françoise Bettencourt Meyers to become the wealthiest woman in the world, and her net worth is expected to surpass $100 billion in the near future. According to the Bloomberg Billionaires Index, Alice Walton, the retail tycoon Sam Walton's daughter, is now worth over $95 billion for the first time. Due in large part to Walmart's stock price surge of 44% to a record high this year, her net worth increased by $25 billion.
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The French cosmetics giant Eugène Schueller's granddaughter, Bettencourt Meyers, saw her wealth drop by $9 billion this year to $91 billion, which can be attributed to a 12% drop in L'Oréal shares since January. At the end of the previous year, when Walton was valued at $70 billion and Bettencourt-Meyers at $100 billion, things were different. On Bloomberg's rich list, Bettencourt Meyers is currently ranked 20th, while Walton is ranked 18th, barely ahead of her two brothers, Robson Walton at $95.8 billion and Jim Walton at $98 billion. Assuming their father divided his stock in Walmart equally among his four children, the siblings own more than 11 percent of the company each. According to a Bloomberg estimate, since 1992,
