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Several of the richest people in beauty today inherited their wealth In 2020, she sold a 20 per cent stake of the line for us$200 million, estimating its whole value at us$1 billion. This includes francoise bettencourt meyers of france, an heiress to the l’oreal fortune who is worth $86 billion, by far the largest fortune to derive from a pure beauty company.

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Forbes’ 2024 billionaires list has revealed the beauty industry’s richest business owners Kardashian launched kkw beauty in 2017, which brought her over us$100 million in gross revenue, according to celebrity net worth Claiming the number one spot is lvmh chairman bernard arnault, who defended his title as the world’s richest man

The french business magnate’s wealth stands at us $233bn at the time of writing, over $35bn more than runner up elon musk

Lvmh is worth an estimated $448bn in 2024, and its portfolio.