Liliane Bettencourt Net Worth is$22.7 Billion
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Profession: Philanthropist
Date of Birth: Oct 21, 1922
Country: France
What is Liliane Bettencourt's net worth? Liliane Bettencourt is a Paris born businesswoman, philanthropist, heiress, and socialite with an estimated net worth of $22.7 billion dollars. Liliane Bettencourt is a principal shareholder of L'Oreal, a shareholder in Nestle, and one of the richest women in the world. She co-founded the Bettencourt Schueller Foundation with her husband and daughter to support scientific research, humanitarian projects, and the arts. Liliane Bettencourt's net worth has largely been accumulated through her interest in the company L'Oreal, which is the largest cosmetics manufacturer and brand in the world. Bettencourt was born in 1922 to Eugene Schuller, the founder of L'Oreal, and she's had a place in the family business ever since. She began working in earnest there at age 15, mixing products and labeling bottles of shampoo as an apprentice. In 1950 she married French politician Andre Bettencourt, but continued to hold a large stake in her father's company to this day. She also held a seat on the board of directors for the company until 1995. Bettencourt is also known for her philanthropic works such as her humanitarian foundation Bettencourt Schueller Foundation which has bestowed hundreds of millions of dollars to various humanitarian causes. Bettencourt is also known for her intensely private constitution, rarely granting interviews and remaining largely secluded from the public eye. She also made headlines recently by being one of the most high profile victims of famous embezzler and financial Ponzi scheme perpetrator Bernie Madoff, with whom she had invested EUR22 million.
Liliane Bettencourt (French pronunciation: [li.li.jan be.t?.ku:?], born 21 October 1922) is a French heiress, socialite, businesswoman and philanthropist. She is one of the principal shareholders of L'Oreal and, with a fortune estimated at US$23.5 billion, is one of the wealthiest people in the world.
Bettencourt was born in Paris, France, the only child of Eugene Schueller, the founder of L'Oreal, one of the world's largest cosmetics and beauty companies. Her mother died in 1927 when Liliane was 5 years old, and she formed a close bond with her father, who later married Liliane's British governess. At the age of 15, she joined her father's company as an apprentice, mixing cosmetics and labelling bottles of shampoo.
In 1950, she married French politician Andre Bettencourt, who served as a cabinet minister in French governments of the 1960s and 1970s and rose to become deputy chairman of L'Oreal. Bettencourt had been a member of La Cagoule, a violent French fascist group that Liliane's father had funded and supported in the 1930s and that collaborated with the Nazis during World War II. After the war, her husband, like other members of La Cagoule, was given refuge at L'Oreal despite his politically inconvenient past. Eventually, the Bettencourts settled in an Art Moderne mansion built in 1951 on rue de Delabordere in Neuilly-sur-Seine, France. They had one daughter, Francoise, who was born on 10 July 1953.
In 1957, Liliane Bettencourt inherited the L'Oreal fortune when her father died, becoming the principal shareholder of L'Oreal. In 1963, the company went public, although Bettencourt continued to own a majority stake. In 1974, she exchanged almost half of her stake for a three percent (3%) stake in Nestle S.A.
As of 31 December 2009, Ms Bettencourt owned 185,661,879 (31.0%) of the outstanding shares of L'Oreal (of which, 76,440,541 (12.76%) shares are effectively held in trust for her daughter), while the remainder is owned as follows: 178,381,021 (29.7

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Liliane Bettencourt Latest News

L'Oreal heiress Liliane Bettencourt, the world's richest woman, dies at 94

Liliane Bettencourt, the L'Oreal cosmetics heiress and the world's richest woman, has died at her home in a chic Parisian suburb. She was 94. Bettencourt's daughter, Francoise Bettencourt Meyers, said in a written statement Thursday that her mother "left ...
Posted: September 21, 2017, 12:38 pm

A Look Inside the Bettencourt Affair

Liliane Bettencourt, 94, is, according to Forbes magazine, the richest woman in the world — a title she alternates with Wal-Mart heiress Alice Walton — and for many years, she seemed to have it all. She was beautiful, stylish, bright, and she had ...
Posted: August 31, 2017, 5:32 am

The world's richest woman dies

Liliane Bettencourt, the world's richest woman, has died, her family said Thursday. Bettencourt, who was 94, was the heiress of the French cosmetics company L'Oreal. She was the daughter of the company's founder, Eugene Schueller. Both Forbes and the ...
Posted: September 20, 2017, 6:27 pm
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