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The L’Oréal heiress was the world’s richest woman last year but saw her fortune dip in 2025 due to slowing sales, particularly in China, which pushed shares down by 20%. After 28 years on the company’s board, Bettencourt Meyers announced her retirement as vice chair this February. Her son, Jean-Victor Meyers, is set to take her place by year’s end, marking a generational shift in leadership.

