Alice Walton is the richest woman in the world, now worth almost 100 billion dollars

In contrast, Françoise Bettencourt Meyers — the granddaughter of Eugène Schueller, who founded the French cosmetics giant — has seen her wealth drop by $10 billion this year to $90 billion. This reflects a 13% drop in L’Oréal shares since January.

It was a different story late last year, when Bettencourt-Meyers was worth $100 billion and Walton had just $70 billion.

Bettencourt Meyers ranks 19th on Bloomberg’s rich list, while Walton ranks 18th, just behind her two brothers, Jim ($98 billion) and Rob ($95.8 billion). The brothers each own more than 11 percent of Walmart, assuming their father split his shares in the company equally among his four children. They’ve also made more than $15 billion in stock sales and dividends over the years, Bloomberg estimates.

Meanwhile, Bettencourt Meyers owns about 35% of the world’s largest cosmetics company, which owns brands such as Garnier and Maybelline. She inherited the country from her mother, Liliane, who died in 2017.

If Walton’s fortune continues to grow and crosses the $100 billion mark, she will join an elite club of centrillionaires that includes Elon Musk, Bill Gates and Warren Buffett.

Walton and Bettencourt Meyers are two of several heiresses at the top of Bloomberg’s list, including Jacqueline Badger Mars and Abigail Johnson, whose grandparents founded Mars and Fidelity, respectively.