Betancourt was born on 21 October 1922 in Paris. Her mother was a pianist who died at the age of five. Betancourt was born on 21 October 1922 in Paris. Her mother was a pianist who died at the age of five. She had Alzheimer's disease, which made her move away from public life in 2012, the year she left the board of L'Oreal and abandoned any administrative position in the group.
Written by  Sep 22, 2017 - 152 Views

Lorean Petancourt, the heir to L'Oreal, the richest woman in the world, has died

Lorean Betancourt, the heir to the French cosmetic giant L'Oréal and the richest woman in the world, according to Forbes magazine, died at the age of 94.

Her daughter, Françoise Betancourt Myers, wrote in a statement: "Lilian Betancourt died at night in her home, and she would celebrate her 95th birthday on 21 October 2017. My mother has quietly walked away."

Betancourt was born on 21 October 1922 in Paris. Her mother was a pianist who died at the age of five.

Ten years later, she made her first training at L'Oreal.

 Betancourt was considered to be a trustee for the work of her father, Eugen Scholler, the company's founder.

Forbes magazine estimated the Betancourt fortune in 2017 at about $ 40 billion and was the richest woman. It ranks 14th among the world's wealthiest. She had Alzheimer's disease, which made her move away from public life in 2012, the year she left the board of L'Oreal and abandoned any administrative position in the group.

The family-owned Titus Holding Company, headed by her daughter Francoise, is the largest shareholder in L'Oreal with 33.05% of the shares.

Lillian Betancourt's name in recent years has been associated with a legal battle that has led to the conviction of those close to her who have profited from her money for "dishonesty" as Betancourt's health has been declining.

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