Liliane Bettencourt – Cosmetics – France

 

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Liliane Bettencourt – Cosmetics – France

 

Main Page: Top 100 Billionaires 2006

 

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Liliane Bettencourt

 

Field – Cosmetics

Citizenship – France

Age – 83

Net worth (US $ billion) - 16.0

Residence - France

 

Content derived from Wikipedia article on Liliane Bettencourt

 

Liliane Bettencourt (born 21 October 1922) is the second richest person in France and one of the wealthiest people in the world and the wealthiest woman living. Forbes magazine estimated her wealth in 2006 at $16 billion.

 

Bettencourt was the only child of Mr. Eugène Schueller, the founder of L'Oréal, one of the world's leading cosmetics and beauty companies. In 1927, her mother died when Liliane was 5 years old.

 

In 1950, she married French politician André Bettencourt and together, they live in Neuilly-sur-Seine, France. They have one daughter, Françoise, who married Jean-Pierre Meyers, the grandson of a rabbi who died in Auschwitz concentration camp. Françoise Bettencourt Meyers is a member of L'Oréal's board of directors

 

In 1957, Bettencourt inherited the L'Oréal fortune from her father. She is the principal shareholder of L'Oréal. The company ownership breakdown: 27.5% by Liliane Bettencourt, 26.4% by Nestlé, the remaining 46.1% are publicly traded.

 

Bettencourt's family has a reputation for secrecy, partly due to controversy surrounding her father's connection with La Cagoule, a violent French fascist-leaning and anti-communist group.

 

She created the Bettencourt Schueller Foundation, which awards the "Liliane Bettencourt Prize for Life Sciences" to a European researcher under the age of forty-five.

 

A report by Forbes has her listed as the second richest person in France behind Bernard Arnault who has an estimated $21.5 billion to her $16 billion.

 

Related topics @ Wikipedia

 

French Rich List

 

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Credits & Copyright: This page is licensed under the GNU Free Documentation License. It uses material from Wikipedia article Liliane Bettencourt

 

 

 

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