Alice Walton on the Verge of Joining the $100 Billion Club, Becomes World’s Richest Woman

Alice Walton is on track to join the exclusive club of centi-billionaires, a group that includes Elon Musk, Bill Gates, and Warren Buffett, as her wealth approaches the $100 billion milestone.

The Walmart heiress recently overtook L’Oréal heiress Françoise Bettencourt Meyers to become the wealthiest woman in the world, with her net worth poised to surpass $100 billion in the near future. Walton, daughter of retail magnate Sam Walton, has seen her fortune exceed $95 billion for the first time. This significant increase in her wealth—rising by $25 billion this year—is largely attributed to Walmart’s stock price surging 44% to a record high.

Meanwhile, Bettencourt Meyers, the granddaughter of French cosmetics giant Eugène Schueller, experienced a $9 billion drop in her net worth this year, bringing her total down to $91 billion. This decline is primarily due to a 12% fall in L’Oréal shares since January. At the end of last year, the situation was notably different, with Walton valued at $70 billion and Bettencourt Meyers at $100 billion.

If their father, Sam Walton, equally divided his Walmart stock among his four children, each sibling would own over 11% of the company. Since 1992, the Walton siblings have collectively earned more than $15 billion from dividends and stock sales.

Bettencourt Meyers, who owns roughly 35% of L’Oréal—the world’s largest cosmetics company and the parent of brands like Maybelline and Garnier—inherited her stake after the death of her mother, Liliane Bettencourt, in 2017.

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