World's richest female billionaire dies at 95

Liliane Bettencourt is a talented French woman, one of the richest female billionaires in the world when she holds the control of the L'Oreal group. Her assets in 2017 were 40 billion USD. On the night of September 21, she passed away at her home at the age of 95 due to poor health.

Mrs. Liliane Bettencourt.

Liliane Bettencourt, born on October 21, 1922, is a French citizen and is the richest woman in the world with a fortune of 40 billion USD. She is known as the number one heiress as the only daughter of the founder of this group - Mr. Eugène Schueller. She is the major shareholder of the L'Oréal group, holding 33% of the shares.

Her L'Oreal brand is worth more than 59 billion USD on the international stock market. In addition to L'Oreal, Ms. Bettencourt also acquired world-famous cosmetic brands such as Maybelline, Parfums Giorgio Armani, Cacharel, Ralph Lauren, Helena Rubinstein... Ms. Liliane Bettencourt has always been a role model for young female entrepreneurs.

Liliane Bettencourt takes control of the L'Oréal group.

Liliane Bettencourt's mother died when she was only 5 years old, so she was very close to her father and was greatly influenced by him. At the age of 15, Liliane Bettencourt began working at her father's company as an apprentice mixing cosmetics and labeling shampoo bottles. Although she was the daughter of the head of the company, not all priorities were given to Liliane Bettencourt.

It was these working days that helped Liliane gain more experience that contributed to her success later. At the age of 28, Liliane Bettencourt married French politician Andre Bettencourt in 1950 and he was later appointed Vice President of L'Oreal. 3 years later, they had a daughter, who later also worked closely with the development of the group.

Liliane Bettencourt with her late husband Andre Bettencourt.

When her only daughter was 4 years old, Liliane Bettencourt inherited L'Oreal after her father passed away and was the person holding the largest market share in L'Oreal. When she took over the group, she had many activities to manage and develop L'Oreal to become stronger and stronger.

Although she is very rich, Liliane always has the motto of "giving back when you receive" and always thinks of the poor. She, her husband and daughter established a charitable foundation named Bettencourt Schueller in 1987 in France to support and help projects on people, culture, and medicine for people in need. The Bettencourt Schueller Foundation is known as a foundation that actively supports scientists and their research.

Liliane Bettencourt is a very private person, rarely giving interviews to the media. In 20 years, she has only given 2 interviews to the press. Therefore, very few people know about this billionaire's private life.

Liliane Bettencourt had trouble with the talented writer Francois-Marie Banier.

Troubles in her life began when she became involved in a relationship with the talented photographer, painter, and writer Francois-Marie Banier, after he took her picture for the magazine “Egoiste”.

It is this relationship that has forced Ms. Bettencourt to focus on supervising and resolving many legal conflicts over shares in the company in recent years. People even jokingly call her “Mrs. Bettencourt of Troubles”.

It all started in 2008, when Mrs. Bettencourt’s daughter, Francoise, filed a lawsuit against French photographer François-Marie Banier, accusing him of taking advantage of Mrs. Bettencourt’s unstable mental state to appropriate a billion-dollar fortune, including cash and expensive gifts.

Liliane Bettencourt’s daughter began her own investigation and started a lawsuit that would last for three years, with the artist Francois-Marie Banier being sued. The daughter sued her mother’s “close friend” for fraud, taking advantage of the billionaire for her own personal gain.

In 2010, the matter became even more complicated when Ms. Bettencourt's former butler released a recording of a conversation between Ms. Bettencourt and French President Nicolas Sarkozy, in which Ms. Bettencourt was accused of providing secret funds to the president's election campaign in exchange for tax evasion.

Liliane and Francoise Bettencourt, mother and daughter.

The succession of lawsuits caused a rift between Mrs. Bettencourt and her only daughter, and the relationship was only mended when all charges against the photographer Banier were dismissed.

In 2011, a court ruled that Bettencourt was mentally unfit to manage her vast fortune. As a result, all power was transferred to her only daughter, Francoise, and another grandson. She lived in the suburbs of Paris until her final moments on the night of September 21.

Liliane Bettencourt at her home in the suburbs of Paris until the end of her life.

According to Phunuvietnam.vn