While not strictly beauty billionaires, several high-profile billionaires owe much of their wealth to the sector. François Pinault, who is worth $25.9 billion (£19.4bn), has benefited from beauty and fragrance brands like Yves Saint Laurent and Creed under Kering.

The Wertheimer brothers, Gerard and Alain, have built a combined $78 billion (£58.4bn) fortune through Chanel, with its fragrance and cosmetics lines playing a key role. And LVMH head honcho Bernard Arnault derives a significant chunk of his $179 billion (£134bn) from the conglomerate's numerous beauty concerns such as Fenty Beauty, Sephora, Benefit Cosmetics, and Givenchy Parfums.

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The beauty world's billionaires ranked by riches