It won’t be wrong to admit that the minuscule population of billionaires have significant control over various aspects of the world, including the global economy and politics. While some of the richest people at present have toiled day in and day out to establish their businesses, others work equally hard to prove their mettle to the world by continuing their forefathers' legacy.
Among the top billionaires at present are some of the heiresses to some of the well-established and popular conglomerates in the world. These people not only enjoy being at the top position wealth-wise but are also supportive of philanthropic activities. Let’s look at the richest heiresses, who have inherited millions of dollars from their forefathers.
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Who hasn’t heard of the cosmetics company, L’Oreal? But did you know the granddaughter of the company's founder is the world's wealthiest woman at present? The French entrepreneur, Francoise Bettencourt Meyers is the wealthiest woman in the world, with an estimated net worth of USD 94.5 billion. As per Forbes, Francoise, the philanthropist, author, and pianist, inherited her mother's estate after Liliane Bettencourt's death in September 2017. Francoise's grandfather Eugene Schueller founded the French cosmetics company, L'Oreal in 1907. Besides being an entrepreneur, Francoise also has a knack for writing and music.
Alice Walton is the only daughter of the retailer corporation, Walmart’s founder, Sam Walton. Despite inheriting her fortune in 1992, she chose not to participate in running the family business with her brothers, focusing instead on building her art collection. She is known for her philanthropy and love for art. In 2011, she founded the Crystal Bridges Museum of American Art in Arkansas, which features artwork from renowned painters such as Andy Warhol and Mark Rothko. With an estimated net worth of USD 68 billion, Alice is currently one of the wealthiest women globally.
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Have you ever had Mars Bars, Milky Way, Twix, and M&M? If yes, then you would surely know that the candies are produced by the company of the billionaire Mars family. Currently, the family consists of Jacqueline, John and Forrest Jr. Mars. Jacqueline Mars, the American heiress, has an estimated net worth of USD 55 billion. Jacquelin is the only granddaughter of Mars, Inc. founder, Forrest Mars, Sr. She was involved in the family business and served on the board from 1982 until her retirement in 2001. Nowadays, she concentrates on her investment ventures and leads a peaceful life in Virginia.
Have you heard of the In-N-Out burgers? Well, its present president is Lynsi Snyder. The fast-food chain was founded by Lynsi's grandparents, Harry and Esther Snyder, back in 1948 in Baldwin Park, California. Lynsi's father and uncle, Harry and Rich, respectively, also played a role in the company's development. Unfortunately, both men passed away, and Lynsi became the sole heir at the mere age of 17. She was declared a billionaire when she turned 30, making her the youngest female billionaire in the world at the time. Today, In-N-Out has over 350 locations and generates an estimated annual revenue of USD 1.1 billion. Lynsi’s wealth is approximately around USD 4.4 billion. She is not just a successful businesswoman but also a philanthropist.
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Did you know Eve Jobs is the daughter of Apple founder, Steve Jobs and his wife, Lauren Powell-Jobs? She graduated from Stanford University, the same campus where her parents first met many years ago. Eve Jobs is known for being a champion equestrian and a heiress to her father's USD 20 billion empire. She prefers to stay out of the limelight and maintains a minimal social media presence. In 2013, Eve’s mother, Laurene told New York Times that she had decided not to pass on her fortune to her children. Instead, she plans to use her wealth to make a positive impact. And Eve, too, has expressed support for the same philosophical beliefs.
The Italian fashion heiress, Allegra Versace, has an estimated net worth of USD 900 million. She is the niece of the renowned fashion designer, Gianni Versace. Her mother, Donatella Versace, is Gianni's sister, and her father, Paul Beck, is a former fashion model. In 1997, Gianni was fatally shot by a disturbed fan, and Allegra, who was only eleven years old at the time, inherited 50 per cent of the Versace fashion empire. Donatella received 20 per cent of the ownership, while Gianni's brother, Santo, inherited 30 per cent. As a result, Allegra's net worth on paper immediately soared into the hundreds of millions of dollars.
Lydia Hearst Shaw is a well-known blogger, model and heiress. She is the great-granddaughter of William Randolph Hearst, a newspaper publisher who served two terms in the U.S. House of Representatives and founded the Hearst Corporation, which is now a renowned media company. Lydia has successfully modelled on runways both nationally and internationally for high-end clients such as Fendi, Chanelle, Nicole Miller, Jeremy Scott, Rebecca Taylor, and more. Lydia has also appeared in million-dollar advertising campaigns for fashion and cosmetic companies, including Alexander McQueen, Louis Vuitton, Prada, and NARS Cosmetics. Lydia Hearst's net worth is estimated to be USD 100 million.
Amanda Hearst is a renowned American socialite hailing from New York. She is also a model and the heiress to the Hearst Corporation. Amanda is actively involved in a charity she founded called Friends of Finn. The organisation focuses on preventing and stopping puppy mills, which are known to treat dogs inhumanely. Amanda Hearst's estimated net worth is USD 100 million. Currently, Amanda Hearst works at Marie Claire as the associate marketing editor. Amanda is the great-granddaughter of William Randolph Hearst. Unfortunately, her father, who was unrelated to the Hearst bloodline, left her mother before she was born.
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Paris Hilton is a well-known American celebrity who inherited the Hilton Hotel fortune. She is the great-granddaughter of Conrad Hilton, the founder of the Hilton Hotel chain. Paris has built her own wealth through successful endorsements and a famous line of products, especially overseas. She has started several perfume lines, and her brand has earned an incredible three billion dollars. Moreover, she has established different brands and stores, including the Paris Hilton Stores that operate worldwide. Her net worth is said to be around USD 300 million.
Dylan Lauren is a successful entrepreneur and the daughter of Ralph and Ricky Lauren. Her father, Ralph Lauren is the founder of the fashion label, Ralph Lauren. Dylan has two older siblings, one being a businessman and the other a film producer. Dylan is the owner of Dylan's Candy Bar, which is the largest candy store in the world. She was inspired to start the venture after watching the movie, Charlie and the Chocolate Factory and has been running it for eighteen years, following in the footsteps of her father. Dylan has a whopping USD 50 million as her net worth.
What do you guys think of the heiresses' inheritance? Let us know.
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