 Europe's wealthiest woman owns 31 percent of French cosmetics company L'Oréal, which controls the Kiehl's, Lancôme and Garnier brands. A court ruling in October 2011 appointed Bettencourt's daughter, Francoise, and two grandsons as protectors of the clan's 103-year-old empire. The court rejected Bettencourt's appeal to have them removed as her guardians in January.
Liliane Bettencourt News
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Nicolas Sarkozy is an atom bomb.
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Former French President Nicolas Sarkozy, named a suspect late yesterday by judges probing claims he took advantage of billionaire Liliane Bettencourt’s mental frailty to access her money, rejected charges of any wrongdoing.
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Former French President Nicolas Sarkozy was named as a formal suspect by judges probing claims he took advantage of billionaire Liliane Bettencourt’s mental frailty to access her fortune, Bordeaux prosecutors said.
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Bloomberg Markets’ inaugural list of the world’s richest people showcases the billionaires who pull the levers on the global economy. Their net worth totals $2.7 trillion, about the size of the gross domestic product of France, the fifth-biggest economy on the planet.
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L’Oreal SA heiress Liliane Bettencourt faces 77,752,139 euros ($105 million) in back taxes and penalties on undeclared accounts in Switzerland and Singapore and real estate, including an island in the Seychelles, Mediapart reported today, citing tax authority documents.
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Former French President Nicolas Sarkozy, who’s going back to practicing law, may spend much of his time in the months ahead defending one person: himself.
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L’Oreal SA heiress Liliane Bettencourt, France’s third-richest person, will seek a suspension of a ruling that she is mentally unfit to manage her own affairs, Jean-Rene Farthouat, her lawyer, said today.
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L’Oreal SA heiress Liliane Bettencourt filed a lawsuit with the public prosecutor in Nanterre, near Paris, against her daughter Francoise Bettencourt-Meyer for “moral violence”
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Former French President Nicolas Sarkozy was named a material witness by judges investigating claims that people close to Liliane Bettencourt took advantage of the 90-year-old’s mental frailty to get at her fortune.
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John Hancock, the estranged son of Australia’s wealthiest citizen, the iron ore billionaire Gina Rinehart, recently flew to the U.S. to join 400 guests at a four-day wedding celebration in Bar Harbor, Maine.
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