Alice Walton Becomes World's Richest Woman, Overtaking L'Oréal Heiress
Walmart founder's daughter now holds the top spot with a fortune of $95.7 billion, surpassing Françoise Bettencourt Meyers.
- Alice Walton's wealth increase is attributed to a 43% rise in Walmart shares in 2024.
- Françoise Bettencourt Meyers' net worth has decreased to $89.9 billion due to a drop in L'Oréal's stock.
- The Walton family collectively controls around 50% of Walmart shares.
- Walmart has maintained its position as the world's largest retailer with $648 billion in annual revenue.
- Both heiresses are part of long-standing family business dynasties in retail and cosmetics.