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Françoise Bettencourt Meyers was the first woman with a $100 billion net worth. She inherited a one-third stake in L'Oréal from her mother. She had a fraught relationship with her mother, even filing a criminal complaint against her.

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You can opt-out at any time by visiting our Preferences page or by clicking "unsubscribe" at the bottom of the email. Advertisement Françoise Bettencourt Meyers, the 70-year-old granddaughter of L'Oréal founder Eugène Schueller, is the world's second-richest woman, according to the Bloomberg Billionaires Index . Her stake in L'Oreal, the world's biggest cosmetics maker, meant she was the first woman to be worth $100 billion .

However, the company's stock has dipped almost 11% this year, pushing Bettencourt Meyers' wealth down by close to $9.7 billion this year to about $90 billion. This story is available exclusively to Business Insider subscribers.

Become an Insider and start reading now. Have an account? Log in . She is now in 19th spot on the Bloomberg list — one behind Alice Walton .

A surge in Walmart stock this year has increased Walton's wealth by about $25 billion, leaving her worth almost $96 billion. Advertisement Here's a look at Bettencourt Meyers' life and wealth..

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