Her father was Eugène Schueller, founder of L'Oréal. Her mother died when Liliane was 5. At age 15 she joined her father's company. Married André Bettencourt in 1950. Her father and her husband were Nazi sympathizers. Had one daughter. She became the principal shareholder of L'Oréal after her father's death in 1957.
There was much controversy over her relationship with FranCois-Marie Banier, who she gifted an estimated €1.3 billion. A legal battle over her guardianship with her daughter followed, leading to their estrangement.
Was also involved in illegally funding politicians and tax evasion.
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A compilation of mini-biographies about the richest women in history.
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