More

    Alice Walton Becomes the World’s Richest Woman, Overtaking Francoise Bettencourt Meyers

    For the first time in five years, a new name tops Forbes’ annual World’s Billionaires list as the richest woman. Alice Walton, the only daughter of Walmart founder Sam Walton, has claimed the title with an estimated fortune of $101 billion.

    Walton’s ascent dethrones Francoise Bettencourt Meyers, the L’Oréal heiress who had held the position since 2021. Bettencourt Meyers now ranks as the second-richest woman in the world, with a net worth of $81.6 billion.

    The 75-year-old Walmart heiress saw her wealth surge by $28.7 billion over the past year, thanks to a 40% increase in the value of her 11% stake in Walmart. The retail giant’s stock soared as inflation-conscious shoppers flocked to its stores, reinforcing its reputation for “Every Day Low Prices.”

    With this milestone, Walton joins the exclusive $100 Billion Club, an elite group of just 15 individuals worldwide who hold twelve-digit fortunes. She is only the second woman in history to achieve this status, following Bettencourt Meyers, who crossed the threshold in June 2024.

    Globally, Walton is now the 15th richest person, ranking just behind her brothers Rob Walton ($110 billion) and Jim Walton ($109 billion), further solidifying the Walton family’s dominance in the world of wealth.

    Sign up for our free Daily newsletter

    We'll be in your inbox every morning Monday-Saturday with top business news, inspiring stories, best advice and exclusive reporting from Entrepreneur.

    Related Posts

    LEAVE A REPLY

    Please enter your comment!
    Please enter your name here

    Captcha verification failed!
    CAPTCHA user score failed. Please contact us!

    Latest

    Lagos to Host Major Tourism and Culture Expo in December

    Lagos State will in December welcome over 15,000 stakeholders for a three-day tourism and cultural exhibition, designed to reposition Nigeria’s underutilised tourism sector. The event,...

    Dangote, Japan Sign Petrochemical Deal in Nigeria

    Dangote Industries Limited has signed a memorandum of understanding (MoU) with Japan’s Mitsui Chemicals to jointly develop petrochemical production in Nigeria.  According to a statement...

    Julius Berger, NCF Launch Major Tree-Planting Initiative in Abuja

    Construction giant Julius Berger Nigeria Plc has partnered with the Nigerian Conservation Foundation (NCF) and the Forestry Research Institute of Nigeria (FRIN) to plant...

    Africa’s Oldest President Cleared to Seek Eighth Term Despite Court Challenge

    Cameroon’s Constitutional Council has ruled in favor of President Paul Biya’s candidacy, allowing the 92-year-old leader to contest the country’s October 12, 2025 presidential...

    Dangote Refinery Receives 1,000 CNG Trucks to Boost Fuel Distribution

    Nigeria’s $20 billion Dangote Petroleum Refinery has today taken a major step forward in its clean energy logistics plan with the delivery of 1,000...