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Stock impact report

L’Oreal Heiress’ Fortune Up $6 Billion—As Firm’s Shares Soar On Strong Earnings [Forbes]

LVMH-MOET H/L/V UNSP/ADR (LVMUY) 
NASDAQ:AMEX Investor Relations: lvmh.com/investors
Company Research Source: Forbes
cosmetics giant beat analyst expectations and reported a 7.6% increase in sales in the first quarter of this year. After markets opened in Europe, L'Oreal's share price rose 8.21% to €373.20 ($436.40). According to Forbes' estimates, the stock surge added $6.1 billion to Bettencourt Meyers net worth, which now stands at $94.4 billion. The boost in her fortune pushed the French billionaire into the 20th spot on Forbes's real-time list of the world's richest people , as she displaced Asia's richest person Mukesh Ambani from the spot. Bettencourt Meyers is the second-richest woman in the world, behind only Walmart heiress and Philanthropist Alice Walton , whose fortune is estimated at $136 billion. Bettencourt Meyers retired from L'Oreal's board last year and gave her vice chairmanship to her son, Jean-Victor Meyers. The world's largest cosmetics brand reported sales of €12.15 billion ($14.2 billion) in the first quarter of 2026, up 7.6% from the same period last year when ad Show less Read more
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