Liliane Bettencourt, World's Richest Woman Dies At 94 - NewsHelm Nigeria

Liliane Bettencourt, World's Richest Woman Dies At 94

Billionaire heiress to the L'Oreal cosmetics firm, Liliane Bettencourt, has died at the age of 94 A statement from her family confirm...

bettencourt.jpgBillionaire heiress to the L'Oreal cosmetics firm, Liliane Bettencourt, has died at the age of 94

A statement from her family confirmed she died 'peacefully' overnight

She was worth an estimated $40bn, making her the world's richest woman

Her father, Eugen Shcueller, started a hair dye company in 1909, which expanded and later became the L'Oreal group.

She became intern at L'Oreal at the age of 15 labeling bottles and blending cosmetics

She became a majority shareholder after her father's death in 1957 - heir to the family fortune

Bettencourt maintained majority stake in L'Oreal when the company went public in 1963




She retired from the company's board of directors in 2012 but continued to own a third of the company

Ms Bettencourt's assets, including her holding stake in the cosmetics company, were placed in a trust controlled by her daughter.

One of her two grandchildren, Jean-Victor Meyers, succeeded her on L'Oreal's board as vice chairman, and was named to guard her personal affairs.


Related

PHOTOS: Human Ken Doll On The Verge Of Losing His Nose After So Many Plastic Surgeries

Human ken doll, Rodrigo Alves could lose his nose if he attempts another surgery, a plastic surgeon recently warned him. Dr Paul Nassif, star of E!'s reality show Botched told him during consulta...

Pastor Elected As President Of Vanuatu

Tallis Obed Moses, a long-serving Pastor and former leader of the Presbyterian Church, has been elected President of the Vanuatu Republic in the southwest Pacific Ocean. The 63-year-old was swo...

VIDEO: Brazilian Club Player Giving Two Of His Teammates A Handjob In Locker Room

Four players of a Brazilian soccer club have had their contracts rescinded after a video showing one of them giving two of his teammates a handjob in the club showers leaked. The three players ...

Post a Comment

emo-but-icon
:noprob:
:smile:
:shy:
:trope:
:sneered:
:happy:
:escort:
:rapt:
:love:
:heart:
:angry:
:hate:
:sad:
:sigh:
:disappointed:
:cry:
:fear:
:surprise:
:unbelieve:
:shit:
:like:
:dislike:
:clap:
:cuff:
:fist:
:ok:
:file:
:link:
:place:
:contact:

Hot in weekRecentComments

Hot in week

Recent

Comments

item