People

Liliane Bettencourt, L'Oréal's heiress, is dead

The world's richest woman died on Thursday at the age of 94.
September 22, 2017

The daughter of the founder of the cosmetic group L'Oréal passed away, leaving behind a huge fortune estimated at 33 billion euros. Forbes magazine recently ranked her 14th largest fortune in the world and the richest woman in the world.

Eugène Schueller's (L'Oréal founder) unique daughter joined the group at just 14 years of age as a trainee. She had begun by sticking labels on the bottles in factories. Very soon, she took an active role within the group. She was the woman behind the acquisition of Nestlé by L'Oréal in 1974.

Liliane Bettencourt has been at the center of a sprawling legal case for the past 10 years, a case that has highlighted the tearing between the heiress and her only daughter, Françoise Meyers.

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