-
Birth of Liliane Bettencourt
She was born Liliane Henriette Charlotte Schuller. She was born on October 12th, 1922 in Paris, France. Her parents were Eugene Schuller (chemist) and Louise Madeleine Berthe (pianist). Her mother died about 5 years after her birth, so she then made a very close bond with her father. -
Period: to
Timespan of Liliane Bettencourt
The history and life of Liliane Bettencourt
Additional Information:
Liliane Bettencourt is the recipient of La Légion d'honneur, the highest civilian decoration of France.
She is an art collector and her collection is worth more than 20 million euros.
At one point, she was the richest woman in history.
As of 2017, she was the richest women in France and the second richest woman in the world.
Under her direction L'Oréal grew to become one of the largest cosmetics company in the world. -
Period: to
Citations
The Bettencourt Affair by Tom Sancton
“Liliane Bettencourt Biography.” The Famous People, www.bing.com/cr?IG=099BD809F43A40628368105F41C0F845&CID=1A1B9C49D39166F223029775D2976785&rd=1&h=LZpbx-NXUqfgtIryuSPCG4PvhuVwTQSXWTqCEJv-Nws&v=1&r=https%3a%2f%2fwww.thefamouspeople.com%2f&p=DevEx,5065.1. -
Working for her Father
Liliane's father formulated synthetic hair dyes, but soon expanded his business to cosmetics as well. Liliane always had in interest in the work her father was doing. In 1938, when she was 15, her father hired her as an apprentice. -
Liliane Schuller Marries Andre Bettencourt
Liliane married Andre Bettencourt got married in 1950. Andre Bettencourt was a French politician who served as a cabinet minister in French governments of the 1960s and 1970s. In his later years, he rose to become deputy chairman of L'Oréal. He lived until 2007. -
Francoise Bettencourt Meyers
Liliane gave birth to Francoise in Neuilly-sur-Seine on July 7th, 1953. She had no siblings and was the only child of Andre and Liliane. She is a shareholder to L'Oréal as well. Francoise is also an author and is 64 years old (as of 2017). -
Eugene Schuller dies
Eugene Schuller died in Paris, France on August 3rd, 1957.Before her father died in 1957, he was the principal shareholder of L'Oréal and received most of the money from the company. She inherited the L’Oreal fortune and became the principal shareholder of the company. She continued to own the majority stake until she died. -
Gives up half of her share
During the early 1970s, she feared that the company might get nationalized and she exchanged half of her stake in L'Oréal for a 3% share in Nestle. Her stake was about 31% and Nestlé's was about 29%. The rest was public at the time. -
Bettencourt Schueller Foundation
In 1987, Bettencourt, together with her husband and daughter, founded the Bettencourt Schueller Foundation (la Fondation Bettencourt Schueller) to support and develop medical, cultural and humanitarian projects. The Foundation is based in Neuilly-sur-Seine, France. -
Private Island Sold
In August 2012 she sold her private island, D'Arros Island. She sold it to a Seychelles-registered conservation business linked to the Swiss Save our Seas Foundation. The island was sold for 60 million euros. -
End of Board Director tenure
Bettencourt ended her Board Director tenure on February 13th, 2012. Her grandson, Jean-Victor, was appointed as Board Director. Bettencourt's daughter and her daughter's husband (Jean-Pierre Meyers) are also members of the board of directors. -
Liliane Bettencourt death
Liliane died at age 94, in Paris, France. When she died, she was the richest woman in France. Her grandson and daughter inherited most of her money when she passed away as well. There was no specific cause of her death.
