WORLD TOP BILLIONAIRES...................................................................................................................................................................................................................................................................................
Liliane Bettencourt (born 21 October 1922) is the second richest person in France, ranking 17th in wealthiest people in the world and the wealthiest woman living. Forbes magazine estimated her wealth in 2008 at $22.9 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 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. She has a net worth estimated at $20.7 billion made possible through the family business, a little company called L’Oreal. She is the daughter of L’Oreal founder Eugene Schueller and holds a controlling stake in the cosmetics giant so is likely to make even more money in the future. |
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