World Top Billionaires

#10 Liliane Bettencourt & family

$40.1 Billion

Gender
:

Female

Age
:

92

Source
:

L'Oreal

Residence
:

Paris, France

Marital Status
:

Widowed

Children
:

1

Citizenship
:

France

Description :

Liliane an eminent matron of L'oreal grew richer by signing a deal in which she purchased 8% of additional stake in the cosmetics world from nestle, raising her and share of her family's stock upto 33%. Liliane's Father founded L'oreal in 1907. Bettencourt did not take up the company for several years; there was a legal warfare with her daughter Francoise Bettencourt Meyers who established that liliane is unfit to manage affairs in 2011. Her 25 year old grandson Jean-Victor Meyers replaced elderly widow woman in the year 2012. A trial of 10 people who stole hundred millions of euros from Bettencourt started in Jan 2015 and she remains the richest people in Europe.