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Francoise Bettencourt Meyers Steps Down from L’Oréal Board, Son Jean-Victor to Succeed Her

Françoise Bettencourt Meyers, the heiress to L’Oréal and Europe’s richest woman, is stepping down from the company’s board after nearly three decades. She will pass the vice-chairmanship to her son, Jean-Victor Meyers, while Alexandre Benais, deputy CEO of Téthys Invest, will take her seat on the board. The changes, announced alongside L’Oréal’s fourth-quarter earnings report, will take effect following a shareholder vote in April.

A Legacy at L’Oréal

Bettencourt Meyers, 71, has been a board member since 1997 and vice-chair since 2020. As the granddaughter of L’Oréal’s founder, she inherited a 35% stake in the company in 2017, following the passing of her mother, Liliane Bettencourt—once the world’s richest woman.

Beyond business, she is an author and philanthropist, known for her five-volume study of the Bible and a genealogy of Greek gods. She also leads her family’s foundation, which funds advancements in science and the arts.

A Fortune Built On Beauty

Bettencourt Meyers ranks as the world’s second-richest woman, with a net worth of $76.1 billion, trailing only Alice Walton of Walmart.

Her family has played a pivotal role in France’s cultural heritage, notably donating $226 million to restore Notre Dame Cathedral after its devastating 2019 fire.

As she steps back, the next generation is set to take over—a dynasty in transition, but still firmly in control of one of the world’s most powerful beauty empires.

Discovery of a New Dwarf Planet: Is Our Solar System Expanding?

A New Celestial Revelation: Meet 2017 OF201

In a groundbreaking astronomical discovery, researchers have identified a celestial body likely to be a dwarf planet far beyond Pluto. This thrilling discovery was made by astronomers from the Institute for Advanced Study in Princeton, New Jersey. Dubbed 2017 OF201, this object is located over twice the distance of Pluto from the Sun, marking it as one of the farthest known bodies in our solar system observable through optical telescopes.

Key Insights

  • The object is approximately 700 kilometers in diameter, smaller than Pluto’s 2377 kilometers, yet it stands to be the largest found in the outer solar system in over a decade if verified by radio telescopes.
  • Classified as an extreme trans-Neptunian object, 2017 OF201 joins the ranks of other icy bodies circling the Sun beyond Neptune’s orbit. This region is now known to host other giants such as Eris, Haumea, Makemake, and Gonggong.
  • Identified in a series of 19 observations over seven years, involving instruments like the Dark Energy Camera in Chile and the Canada-France-Hawaii Telescope, this discovery sheds light on the unexplored corners of the solar system.

Why 2017 OF201 Stands Out

2017 OF201 boasts a unique orbit, with its aphelion over 1600 times the Earth’s distance from the Sun. Meanwhile, its perihelion is 44.5 times the Earth-Sun distance, parallel to Pluto’s path. Such an extensive orbit is evidence of a chaotic past, likely involving gravitational interactions with a giant planet.

Unveiling the Kuiper Belt: A New Frontier

Nestled within the Kuiper Belt, this object hints at the possibility of numerous similar celestial bodies lingering in this icy expanse, largely hidden due to immense distances. As telescope technology advances, the possibility of unveiling more about our solar system’s outermost fringes grows ever more achievable.

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