This Walmart Heiress Is Now the World's Richest Woman

FRANCE-CRIME-COMPANY-LOREAL-COSMETICS

The cosmetics giant's principal shareholder died at the age of 94.

Today, the richest woman in the world, Liliane Bettencourt, passed away at the age of 94.

In this Wednesday Jan. 26, 2011file photo, l'Oreal cosmetics heiress Liliane Bettencourt attends Franck Sorbier's spring/summer 2011 Haute Couture fashion collection, in Paris, Paris.

Walmart heiress Alice Walton has become the world's richest woman following the death of Liliane Bettencourt, the heiress to the L'Oréal cosmetic company.

Bettencourt's daughter, Francoise Bettencourt Meyers, said in a written statement Thursday that her mother "left peacefully" overnight in Neuilly-sur-Seine.

"We all had a great admiration for Liliane Bettencourt who always looked after L'Oréal, the company and its employees, and was very attached to its success and development", Agon wrote in a statement.


Schueller, the son of bakers from the eastern Alsace region, initially named his company Aureale, but changed it to L'Oreal in 1939.

"I would like to reiterate, on behalf of our family, our entire commitment and loyalty to L'Oreal and to renew my confidence in its President Jean-Paul Agon and his teams worldwide", she stated.

"She personally contributed a lot to its success for very many years".

Her husband, who died in 2007, had been a member of a French fascist group during the war but sought forgiveness from the Jewish community in its aftermath. In 2015, 8 people were found guilty in taking advantage of the billionaire's mental state.

The former president was eventually cleared of any wrongdoing.

De Maistre was accused of getting Bettencourt to hand over envelopes of cash to members of Sarkozy's rightwing party during his 2007 presidential campaign. She stepped down at 89, and was replaced by her grandson amid a bitter legal dispute with her daughter, who argued Bettencourt was not mentally competent to handle her own affairs.

Related:

  • 'America's Got Talent' finalists compete in season 12 finals

    'America's Got Talent' finalists compete in season 12 finals

    America's Got Talent expressed their support and condolences over social media. "That's why I'm fighting to the end, just like he did".
    Student Shot In High School Cafeteria; Teacher Subdues Suspect

    Student Shot In High School Cafeteria; Teacher Subdues Suspect

    Officials at a central IL high school say police have someone in custody after one person was wounded during a shooting. We are working to get more information on this developing story and will update it as soon as details are available.
    Alec Baldwin just majorly dissed President Trump

    Alec Baldwin just majorly dissed President Trump

    Alec has had three kids with his wife in the last three years but in 2017 thus far, the pair hasn't conceived for the fourth time. Producer Lorne Michaels nailed the short speech requirement, accepting a statue for Best Comedy Series for Saturday Night Live .
  • Pennsylvania Credit Rating Takes Hit After Budget Standoff

    Pennsylvania Credit Rating Takes Hit After Budget Standoff

    The House GOP said the focus needs to be on tackling entitlement programs and corrections costs. Wolf has said he expects there will be a compromise before the end of the month .
    SK hynix keeps mum on Toshiba deal

    SK hynix keeps mum on Toshiba deal

    Western Digital also reiterated that it expected to win its arbitration against Toshiba at the International Chamber of Commerce. The iPhone X maker, however, extended its support to Bain consortium to buy the Toshiba memory chip unit worth $22 billion.
    Syrian troops battling ISIS advance toward US-backed force

    Syrian troops battling ISIS advance toward US-backed force

    The Russian foreign ministry said units of the Syrian army had already crossed. The Islamic State militia took control of Deir al-Zour in 2014.
  • Taylor Swift's 'Look' becomes 'Too Sexy' in Right Said Fred mash-up

    Taylor Swift's 'Look' becomes 'Too Sexy' in Right Said Fred mash-up

    Don't you? Not only are her cats adorable but they are starting to go viral due to the costumes and creativity behind them. Since it released on YouTube, Taylor Swift's " Look What You Made Me Do " has earned over 416 million views and counting.
    Former Candidate Endorses Fellow Outsider In Alabama GOP Runoff

    Former Candidate Endorses Fellow Outsider In Alabama GOP Runoff

    Along with the Huntsville rally where Brooks appeared, Moore made stops at a GOP club meeting and churches in north Alabama. Public Advocate's first video for Roy Moore had received over 35,000 views (also 99 per cent Alabamians).
    Spain moves to expel N. Korean ambassador

    Spain moves to expel N. Korean ambassador

    The newest UNSC resolution froze North Korea's oil imports at the current level while cutting its imports of refined petroleum products by half.
  • Sindhu, Saina crash out while Srikanth, Prannoy advance in Japan Open

    Sindhu, Saina crash out while Srikanth, Prannoy advance in Japan Open

    Okuhara defeated Sindhu with a massive margin in the second set with the final score of 21-18, 21-8, in Tokyo . But it was a disappointing result for the Indian star as she went down 21-16, 21-13 to the Spanish shuttler.
    USA  flies bombers over Korean peninsula for drill

    USA flies bombers over Korean peninsula for drill

    On Monday, the official China Daily said sanctions should be given time to bite but that the door must be left open to talks. It also has threatened to launch missiles close to the coast of Guam, a USA island territory in the Pacific.
    Kenya's presidential re-run may be postponed

    Kenya's presidential re-run may be postponed

    Armed police patrolled the entrance to the court and trucks filled with security forces were parked outside the building. The constitution dictates the poll take place within 60 days of the Supreme Court's ruling, which is October 31.

Comments

Latest news

SEC says it was hacked; data might have been used in trading
But the 2016 breach was the result of a deliberate attack aimed at accessing the EDGAR filing system. The US Securities and Exchange Commission was subject to hacking previous year , it has disclosed.

Manafort Offered 'Private' Campaign Briefings to Close Putin Ally
Russian Federation has denied it interfered in the US election, and Trump has said there was no collusion with his campaign. Numerous emails do concern money that Mr Manafort believed he was owed by Eastern European clients, according to the Post .

Pakistan PM Shahid Khaqan Abbasi sees zero role for India in Afghanistan
The Pakistan PM dismissed the question of links between the Haqqani network and Pakistan's intelligence agency, the ISI. Time has proven that it's a process that is very secure.

Mattis Leaves the Door Open to Military Options in North Korea
Meanwhile the United States and Chinese leaders have committed to "maximising pressure on North Korea", the White House has said. Several Pentagon officials say Mattis was not signaling that tactical nuclear weapons are likely to be placed in South Korea.

Dozens of states sign nuke weapons ban treaty at UN
General Assembly: "It will be a great pity if this agreement were to be destroyed by rogue newcomers to the world of politics". Costa Rican President Luis Guillermo Solis said supporters of the treaty regretted the nuclear-armed nations' position.

USA to Continue Pursuing Diplomatic Path With North Korea - UN Ambassador Haley
The administration must decide in mid-October whether it will certify that Iran is still in compliance with the agreement. He also decried the "disastrous rule" of Venezuela's Nicolas Maduro and urged the U.N.to step in.

Explaining the Graham-Cassidy Repeal Bill
That's nearly certainly not true, given the Medicaid expansion rollback that would take place under the bill. Kimmel acknowledged that some viewers might object to the overtly political message of his monologue.

Apple Watch Series 3 is having connectivity issues
Apple confirmed that its new Series 3 Apple Watch can encounter problems connecting to a cellular network. In fact, AT&T, T-Mobile, and Verizon offer service packages dedicated to Apple Watch Series 3.

West Ham vs Tottenham: Slaven Bilic facing selection headache for London derby
Huddersfield Town travel to London on Monday to take on a West Ham United side languishing at the foot of the Premier League table.

Tara's Take: McAdoo takes his turn in the crosshairs
It doesn't get any easier for the Giants , either, not with road games against Philadelphia and Tampa Bay in the next two weeks. Matthew Stafford is making the leap from very good quarterback to a great franchise quarterback in front of our eyes.

Maugerville power company helps restore service in Irma-hit Florida
An electrical worker repairs stop lights the morning after Hurricane Irma swept through Naples, Fla., on September 11, 2017. Most of the remaining outages were in Florida Power & Light's service area in the southern parts of the state.

Iraq SC orders suspension of Kurdistan referendum
At the same time, the Kurdistan Region is moving forward with its historic referendum on independence scheduled for Sep. 25. Russian oil giant Rosneft said today that will soon finalise a deal to develop pipelines in the Kurdistan region of Iraq.

Reliance Jio prevails over Airtel, Idea as Trai cuts IUC
Effective October 1st, TRAI has reduced IUC charges to 6 paise/minute from the existing 14 paise/minute. The reduction in interconnect usage charge will benefit Jio, for which the charge was a huge liability.

Toys R Us could be close to filing bankruptcy
But in a statement sent to various media outlets, chairman and CEO Dave Brandon was optimistic about the future of the chain. The retail giant has now announced its north American arm is seeking " Chapter 11 protection" from the US Bankruptcy court.

India brandishes 'intelligence report' of Rohingyas' militant links
Numerous displaced have arrived with horrific tales of killings and rapes by Myanmar's security forces and Buddhist militias. About 412,000 fled to Bangladesh , but some have also reached India, Nepal and Pakistan in recent weeks.

Other news