Walmart scion Alice Walton’s short-lived term as the world’s richest woman came to an end Thursday after Francoise Bettencourt Meyers, the granddaughter of the founder of L’Oreal, secured the title amid a spike in European luxury stocks that reacted positively to an economic stimulus package committed to by China this week.
Meyers, who Walton overtook as the world’s richest woman earlier this month, reclaimed the title Thursday, when her estimated net worth grew to $93.1 billion while Walton’s dropped to $90.4 billion. Continue here.
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