World's Richest Woman Passes On At 94
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The world's richest woman and heiress to the L’Oreal cosmetics fortune, has died at the age of 94.
Liliane Bettencourt passed away in the early hours of Thursday, 21st September 2017 - coincidentally on a day the world over celebrated the International Day of Peace - at her residence in Paris, her daughter Mrs. Françoise Bettencourt-Meyers disclosed.
"She would have been 95 on 21 October. My mother left peacefully" Mrs. Bettercourt-Meyers further streesed.
Last year, 2017, Mrs. Bettencourt was ranked the richest woman in the world with a fortune of $39.5bn (£29bn), by the revered Forbes Magazine. The rank made her the world's 14th richest person.
In a statement, L'Oréal Chairman and CEO Jean-Paul Agon expressed his
condolences to the family and said: “We all had a deep admiration for
Liliane Bettencourt who has always watched over L'Oréal, the company and
its employees, and who was very attached to its success and
development.
She
was rarely seen in public since she left the board of the French
company in 2012, but continued to make headlines after members of her
team were charged with exploiting her as her mental health deteriorated.
A French celebrity photographer was sentenced to two and a half years
after Mrs. Battencourt showered him with gifts including Picasso
paintings, life insurance funds and millions of euros in cash.
Born in Paris, she was the only child of Louise Madelaine Berthe and
Eugene Schueller, who founded L’Oreal. Her mother died when she was just
five years old, leaving her to form a close bond with her father.
She joined the family business when she was just 15, before inheriting the empire when her father died in 1957.
Her daughter said in her statement: “In this painful moment for us, I
would like to reiterate, on behalf of our family, our entire commitment
and loyalty to L’Oreal and to renew my confidence in its President
Jean-Paul Agon and his teams worldwide.”
Scripted by: Rostrum
Contact:- +234-8028608056, rostrummedia@gmail.com
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