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Cosmetics Heiress Loses Control of Her Fortune

Posted October 17th, 2011 at 2:45 pm (UTC-5)
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A French court has decided that one of the world’s richest women, cosmetics heiress Liliane Bettencourt, is suffering from Alzheimer’s disease and handed control of her business affairs to her daughter and two grandsons. The 88-year-old Bettencourt, whose late father Eugene Schueller founded the giant L’Oreal cosmetics company, is reportedly worth more than $23 billion. […]

Tags: , , Posted in Economy, Europe

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