Liliane Bettencourt Net Worth
Liliane Bettencourt net worth: Liliane Bettencourt is a Paris born businesswoman, philanthropist, heiress, and socialite who has a net worth of $35 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 €22 million.