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L'Oreal heiress Lillian Bettencourt dies at 94 L'Oreal heiress Liliane Bettencourt dies at 94
(about 2 hours later)
Liliane Bettencourt, the heiress to cosmetics firm L'Oreal, has died aged 94, her family has confirmed.Liliane Bettencourt, the heiress to cosmetics firm L'Oreal, has died aged 94, her family has confirmed.
A statement said she died at home "peacefully" overnight.A statement said she died at home "peacefully" overnight.
With an estimated 2017 net worth of 33bn euros (£30bn; $40bn), she was the world's richest woman.With an estimated 2017 net worth of 33bn euros (£30bn; $40bn), she was the world's richest woman.
She left the company's board in 2012, but remained in the news after eight were found guilty of exploiting her health after a dementia diagnosis.She left the company's board in 2012, but remained in the news after eight were found guilty of exploiting her health after a dementia diagnosis.
In a statement, L'Oreal chairman and CEO Jean-Paul Agon said: "We all had a deep admiration for Liliane Bettencourt who has always watched over L'Oreal, the company and its employees, and who was very attached to its success and development.In a statement, L'Oreal chairman and CEO Jean-Paul Agon said: "We all had a deep admiration for Liliane Bettencourt who has always watched over L'Oreal, the company and its employees, and who was very attached to its success and development.
"She personally contributed a lot to its success for very many years. A great woman of beauty has left us and we will never forget her.""She personally contributed a lot to its success for very many years. A great woman of beauty has left us and we will never forget her."
Her father, Eugène Schueller, founded a company in 1909, which turned into the L'Oreal group.Her father, Eugène Schueller, founded a company in 1909, which turned into the L'Oreal group.