Liliane Bettencourt, French Businesswoman and the only daughter of L’Oreal founder Eugene Schueller, was born in 1922, October 21 in Paris, France. At the age of five in 1927 she lost her mother. In 1957 she owned the fortune of L’Oreal.
She is married to André Bettencourt, French politician, and lives in Neuilly-sur-Seine. She has one daughter Françoise Bettencourt Meyers who is now the member of L’Oreal’s board of director.
She founded the Bettencourt Schueller Foundation, in her father’s memory, to honor European researcher under the age of forty-five with Liliane Bettencourt Prize for Life Sciences”. It is her biggest contribution for humanitarian, cultural and medical areas. She actively helps HIV and AIDS patients. She, as stated by Bloomberg, invested money through hedge fund Access International Advisor René-Thierry Magon de la Villehuchet.
According to Forbes Magazine 2010, she is the second richest in France and the world’s 17th richest woman whose net worth is $20 billion.