NEWSBusiness

L’Oreal mourns death of heiress, the world’s richest woman

She was the daughter of L’Oreal founder Eugene Schueller, founder of L´Oreal cosmetics; Liliane Bettencourt, the world´s richest woman whose old age was clouded by dementia, has died at the age of 94, her family. For most of her nine decades Ms Bettencourt was better known for who she was than for what she did, even though her first job, at the age of 15, was as an apprentice in a L’Oreal factory, mixing cosmetics and labeling bottles of shampoo.

“Liliane Bettencourt died last night at home,” her daughter Francoise Bettencourt Meyers said in a statement. “My mother left peacefully.”

Bettencourt was the 14th richest person in the world, according to Forbes magazine, which estimated her net worth in March at $39.5 billion (33 billion euros).

She was rarely seen in public since leaving the L´Oreal board in 2012, but her name remained in the headlines as members of her entourage were charged with exploiting her failing mental health.

Grandson Jean-Victor Meyers was designated to look after her health and physical well-being.

shortlink

Post Your Comments


Back to top button