Liliane Bettencourt was the 10th richest person in the whole world with a fantastic net worth of $36.4 billion falling into the list of ‘The World’s Billionaires’ in 2015. She founded an organization called the Bettencourt foundation along with her family developing the cultural, medical and humanitarian projects.
She got her name carved as the 39th most powerful woman in the world in 2005.
Death Of A Billionaire!
World richest women Liliane Bettencourt died at the age of 94 on 21 September 2017. At the time of her death, the L’Oréal empress was the 14th wealthiest woman with a net worth of $44.3 billion. Her death was confirmed by the chairman and chief executive of the L’Oréal Group, Jean-Paul Agon. Her daughter Françoise said in the statement that her mother left peacefully and died at the house.
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Before her death, Liliane was troubled with the allegations of French courtroom saga. She was accused of falling under the sway of a young man named François-Marie Banier giving him the expenses worth $1.4 billion. François-Marie denied the allegations but got convicted of exploiting Bettencourt leading the sentenced to three years in jail in 2015.
Earnings And Net Worth
Liliane Bettencourt was a businesswoman and heiress who used to have an outstanding net worth of $40 billion. According to Forbes, she was the richest woman in the world and was one of the principal shareholders of L’Oréal.
Her foundation, Bettencourt Foundation is supposed to have an annual budget of 15 million euros and assets of 150 million euros approximately. It came into news that her daughter applied to make Bettencourt award of her health.
A French judge suggested keeping her under the guardianship of her family members because of her declining mental health. Liliane is one of the wealthiest victims of Bernard Madoff’s scheme losing her €22 million. She was the 2nd richest woman in the world who had achieved such a great height of success.
Daughter Inherited Legacy!
L’Oréal empress Liliane was married to a French politician named Andre Bettencourt in 1950. After their marriage, Liliane got her name as ‘Bettencourt' and her husband Andre became the deputy chairman of L’Oréal. Andre died at the age of 88 on 19 November 2007.
Andre and Liliane had a daughter named Françoise Bettencourt Meyers, whom they welcomed on 10 July 1953. Along with their daughter, the couple founded the Bettencourt Schueller Foundation in 1987 which supported the scientific education and research.
Liliane Bettencourt and her daughter, Françoise Bettencourt Meyers, attend the Paris Fashion Week in 2011 (Photo: www.businessinsider.com)
Françoise was a member of L'Oréal's board of directors and has now become a successor of L'Oréal. Following the death of her mother Liliane, Françoise inherited the family business becoming the richest woman on earth. According to Bloomberg, Françoise has a net worth of $42.3 billion.
Liliane's Family Life
Liliane Bettencourt was born on 21st October 1992 in Paris as an only child of her parents Eugene Schueller and Louise Madeleine Berthe. Eugene was the founder of a cosmetic business, L’Oréal. The French socialite was at the age of five when her mother died.
She always had an excellent relationship with her father who later married to Liliane’s British governess. After losing her mother at a young age, the businesswoman joined her father’s business as an apprentice who mixed labeling bottles of shampoos and cosmetics. As per wiki, Liliane carries the family birth name as Liliane Henriette Charlotte Schueller.