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French L'Oreal heiress Françoise-Richest woman in the world

French L'Oreal heiress Françoise-Richest woman in the world

By Rashmi DahalPublished 3 years ago 4 min read
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French L'Oreal heiress Françoise

Liliane Henriette-Charlotte Bettencourt, the only child of Eugene Schueller, founder of Loreal, was the world's leading billionaire and the richest woman in France when she died with $ 44.9 billion in 2017. on earth at the time of his death, for $ 44.3 billion. Liliane Henriette Charlottes-Bettencourt was born Liliane Henriette Charlotte Bettencourts in Paris on October 21, 1922, the only child of Louise Madeleine Berthe (née Doncieux) and Eugene Sch Mueller, founder of the French cosmetics company Loreal.

Bettencourt inherited Loreal assets after the death of Liliane's father in 1957 and became a major shareholder. In 1950, Liliane Henriette married Charlotte Bettencourt's, French politician Andre Bettencent, a former cabinet minister in the French government of the 1960s and 1970s and a vice-chairman of Loreal. Although inclined toward the Nazis, Andre himself was a member of La Cagoule, a violent Fascist group funded by his father in the 1930s and worked with the Nazis during World War II.

After the death of French chemist Eugene Schueller in 1957, Mrs. Bettencourt was named Loreal, the world's largest cosmetics company. He retained a large number in the company when it went public in 1963 in Paris. Francesco is Bettencourt Meyer, 67, the granddaughter of the founders of Loreal and the world's richest woman, who became a court in 2017 after the death of her mother, Liliane Bettencourt. While Liliane LOreal's cosmetic empire, the world's richest women’s empire, has grown in Paris from a small hair dye supplier to a major manufacturer of beauty products with more than 30 brands including Lancome and Garnier sold in 140 countries.

Francoise Bettencourt-Meyers, a French woman living in Paris, took over the reins of LOreal after the death of her mother Liliane Bettencourt's in 2017 and was able to add new and unprecedented figures to her economy. She won a third of the LOL from her mother, making her the richest woman in the world in 2017 with a net worth of $ 5.86 billion. The richest woman in the world and a millionaire and is the chairman of a company that owns family shares donated to her mother after her death four years ago.

Liliane Bettencourt, the heir to France's hair-fed state and the richest woman in the world, is at the center of a long-running French legal case where defendants allegedly used her weakness to extort money and gifts and died at the age of 94. She was the face of one of Frances'largest's makeup collections and drew the attention of the public as the richest girl in the world. Liliane Bettencourt, France's heir to LOreal cosmetics, was embroiled in a family affair that turned into a financial and political crisis for former French president Nicolas Sarkozy, who died on September 20 at his Paris home with his wife Liliane. After the death of her husband, former French politician Andre Bettencourt in 2007 spent her final years in a dispute with her only child, Francoise Bettencourt Meyers.

Bettencourt is the daughter of chemist Eugene Schueller who founded LOreal Cosmetics, Bettencourt is the only child whose mother died at the age of five and started working at the 15th annual Chemical Laboratory. In the 1950s, Liliane married Andre Bettencourt, a former member of La Cagoule LOreal and a member of the Cabinet of Ministers of France. In 2007 he faced intense media attention and public relations with his relationship with Francois-Marie Banier, the separation of his daughter, Francoise Bettencourt, and the financial crises of longtime French politicians including former President Nicolas Sarkozy.

Andre Bettencourt, a former La Cagoule member, and manager of LOreal and later Minister of the French Cabinet, had written anti-Muslim documents produced during the war and resigned from LOreal in 1994 and transferred his remaining shares in the company to Liliane Schüller. The family, the financial and political scandal known as the "Bettencourt affair" began in 2007 when Liliane's daughter, Francoise Bettencourt's-Meyers, accused the celebrity photographer Francois-Marie Banier of "abusing her", claiming that more than two decades had defrauded her mother of half a billion dollars. . In a lawsuit filed by his daughter, his mother's friend, Francois-Marie Banier, who accused Francoise of abusing his mother's will, said that during his friendship with Liliane he forced his mother to give him $ 1.5 billion, making him one heir of his mother's wealth and part of Loreal.

Bettencourt and Meyers found the famous French photographer Francois-Marie Banier, whom they accused of abusing her elderly mother, for billions of dollars, including works of art, a private island in Seychelles, and money. In March, Forbes named Liliane Bettencourt, the heir to the Loreal cosmetics empire, as the world's richest woman, estimated to be worth $ 39.5 billion. The magazine lists Bettencourt and her family on their 2013 list of the $ 20 billion billionaires as the ninth richest woman in the world, and the richest man in France.

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Rashmi Dahal

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