Liliane Bettencourt

Liliane Bettencourt (1922–2017) was a French heiress and businesswoman, L’Oréal’s principal shareholder and, for many years, the world’s wealthiest woman.

Eugène Schueller: A French chemist who founded the hair-dye company that became L’Oréal. Her father founded the company whose shares formed the basis of her fortune.
L’Oréal: A French cosmetics company founded in 1909 that became one of the world’s largest beauty groups. Its growth and shares were the source of her wealth.
Bettencourt affair: A French political and financial scandal involving Liliane Bettencourt, her entourage, and allegations of illicit campaign financing. Secret recordings and political-financing allegations brought her affairs into public view.
L’Oréal Foundation: A philanthropic foundation established by L’Oréal to support scientific research, education, and social inclusion. It reflects the charitable institutions associated with the company whose shares enriched her.
Françoise Bettencourt Meyers: A French writer and businesswoman who inherited her mother’s L’Oréal stake. Her daughter became her heir and later a central figure in family disputes.
Téthys: A holding company controlled by the Bettencourt Meyers family that invests family assets, including L’Oréal shares. It became a vehicle for managing the family’s inherited fortune.
Bettencourt v. Banier: A French legal dispute over gifts Liliane Bettencourt made to François-Marie Banier and claims about her vulnerability. The case tested whether her gifts reflected free choice or undue influence.
Fondation Bettencourt Schueller: A French philanthropic foundation created by Liliane Bettencourt, André Bettencourt, and Françoise Bettencourt Meyers in 1987. It channels part of the family fortune into science, culture, and social action.
André Bettencourt: A French politician who served as a government minister and was married to Liliane Bettencourt. Her husband connected the family to French political life.
L’Oréal–Nestlé shareholding agreement: An agreement governing the long-term relationship between the Bettencourt family and Nestlé as major L’Oréal shareholders. It helped secure the family’s position alongside another major shareholder.

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