Billionaires: L'Oreal heir names new head of family office

Francoise Bettencourt Meyers Francoise Bettencourt Meyers, the world’s richest woman, is bolstering her family’s investment company with a hire from McKinsey amid a surge in the value of L’Oreal, the cosmetics company founded by her grandfather. Ms Bettencourt Meyers' Tethys Invest company named Cyrielle Villepelet as managing director to work…