The Richest Woman in the World and 4 Wealthy Runners-Up – When it comes to wealth and success, men have long dominated the headlines. However, more women than ever before are making their mark in the world of business, finance, and entrepreneurship, amassing enormous fortunes along the way. From self-made billionaires to those who have inherited vast family wealth, these women are leading industries, creating jobs, and contributing to global economic growth. In this article, we will take a closer look at the richest woman in the world and four wealthy runners-up, exploring how they achieved their success and the impact they’ve had on the world.
1. Françoise Bettencourt Meyers: The Richest Woman in the World
Françoise Bettencourt Meyers, the French billionaire heiress of the L’Oréal fortune, currently holds the title of the richest woman in the world. As of 2024, her net worth exceeds $90 billion. Bettencourt Meyers inherited her wealth from her mother, Liliane Bettencourt, who was one of the largest shareholders of L’Oréal, the global beauty giant.
Françoise is not just an heiress; she is actively involved in L’Oréal’s success, serving as chairwoman of the company’s family holding. Under her leadership, L’Oréal continues to dominate the cosmetics and skincare market worldwide, with a presence in over 150 countries. Bettencourt Meyers has been focused on expanding L’Oréal’s reach through innovation and sustainability initiatives, such as reducing plastic use and making eco-friendly product lines.
In addition to her business acumen, Bettencourt Meyers is an accomplished author and philanthropist. She has written extensively on Greek mythology and biblical commentaries and is also deeply involved in charitable work, particularly through the Bettencourt Schueller Foundation, which supports scientific research, education, and the arts.
2. Alice Walton: Heir to the Walmart Fortune
Alice Walton, the daughter of Walmart founder Sam Walton, ranks as one of the wealthiest women in the world, with a net worth of $70 billion. Although she does not work in Walmart’s operations directly, Alice has focused her efforts on art and philanthropy. She is the founder of the Crystal Bridges Museum of American Art, located in Bentonville, Arkansas, which has become a cultural hub for the region.
Walton’s deep passion for art has led her to curate an extensive collection of American artwork, with pieces from celebrated artists like Georgia O’Keeffe and Norman Rockwell. Her museum not only attracts tourists but also enriches local communities through educational programs.
While Walmart continues to be a behemoth in the global retail market, Alice Walton’s legacy is more closely tied to the arts and her commitment to making culture accessible to everyone. Her efforts have helped transform how wealthy individuals can contribute to society beyond traditional business realms.
3. Julia Koch: From Socialite to Billionaire
Julia Koch, with a fortune estimated at $60 billion, is the widow of David Koch, one of the co-owners of Koch Industries, a conglomerate involved in everything from energy to chemicals and trading. After David Koch’s passing in 2019, Julia inherited a large stake in the family business, catapulting her to billionaire status.
Though initially known for her involvement in New York’s high society and philanthropy, Julia has since become an influential figure in Koch Industries. She maintains an active role in overseeing the company’s operations, focusing on maintaining its standing as one of the largest privately-owned corporations in the U.S.
Beyond business, Julia Koch is dedicated to various charitable causes. She supports organizations related to medical research, education, and the arts. Her philanthropic work has further cemented her influence and reputation in both the financial and social spheres.
4. MacKenzie Scott: Philanthropist and Author
MacKenzie Scott, with a net worth of $40 billion, gained significant attention for her philanthropy in recent years. As the ex-wife of Amazon founder Jeff Bezos, Scott received a portion of Amazon’s stock as part of her divorce settlement, which quickly made her one of the wealthiest women in the world. However, what truly sets her apart is her dedication to giving away her fortune.
Since 2020, MacKenzie Scott has donated over $14 billion to various causes, focusing on racial equality, women’s rights, education, and climate change. Her no-strings-attached approach to philanthropy allows recipients to use the funds as they see fit, which has been praised as a groundbreaking method of wealth distribution.
In addition to her philanthropy, Scott is also a novelist, with her debut novel, The Testing of Luther Albright, receiving critical acclaim. Her wealth, combined with her bold philanthropic vision, positions her as a leading figure not just in finance but in global charitable efforts.
5. Jacqueline Mars: A Quiet Billionaire from the Mars Family Empire
Jacqueline Mars, with an estimated net worth of $38 billion, is one of the heirs to the Mars, Inc. fortune. The Mars family is behind some of the world’s most recognizable candy brands, including M&M’s, Snickers, and Milky Way, as well as the global pet care business that operates brands like Pedigree and Whiskas.
Unlike many other billionaires, Jacqueline Mars has maintained a relatively low profile. She served on the board of Mars, Inc. for years but has since retired. Mars, Inc. continues to be a privately-held, family-owned company, and Jacqueline plays a significant role in guiding its long-term vision.
In addition to her business acumen, Mars is known for her philanthropy in the fields of education, environmental conservation, and the arts. She supports several nonprofit organizations and serves on the boards of multiple institutions, including the Smithsonian National Museum of American History.
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Conclusion
The world’s wealthiest women are not just wealthy by chance; they are leaders in business, philanthropy, and culture, influencing industries and communities across the globe. Françoise Bettencourt Meyers, Alice Walton, Julia Koch, MacKenzie Scott, and Jacqueline Mars exemplify how women are increasingly playing pivotal roles in the global economy.
Their wealth and influence extend beyond their bank accounts; they are reshaping industries, driving innovation, and giving back to society in meaningful ways. Whether through direct business involvement, cultural contributions, or philanthropy, these women prove that wealth, when used thoughtfully, can be a powerful force for good.
