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L'Oreal heiress Liliane Bettencourt dies at age 94

FILE - In this Wednesday Jan. 26, 2011file photo, l'Oreal cosmetics heiress Liliane Bettencourt attends Franck Sorbier's spring/summer 2011 Haute Cout...
FILE - In this Thursday March 3, 2011 file photo, L'Oreal heiress Liliane Bettencourt, right, and L'Oreal new chief executive Jean-Paul Agon arrive at...
FILE - In this March 29, 2012 file photo, L'Oreal heiress Liliane Bettencourt leaves the L'Oreal-UNESCO prize for the women in science, in Paris, Fran...

FILE - In this Wednesday Jan. 26, 2011file photo, l'Oreal cosmetics heiress Liliane Bettencourt attends Franck Sorbier's spring/summer 2011 Haute Cout...

FILE - In this Thursday March 3, 2011 file photo, L'Oreal heiress Liliane Bettencourt, right, and L'Oreal new chief executive Jean-Paul Agon arrive at...

FILE - In this March 29, 2012 file photo, L'Oreal heiress Liliane Bettencourt leaves the L'Oreal-UNESCO prize for the women in science, in Paris, Fran...

PARIS (AP) — The family of L'Oreal cosmetics heiress Liliane Bettencourt, the world's richest woman, says she has died at her home in France at the age of 94.

Bettencourt's daughter, Françoise Bettencourt Meyers, said in a written statement on Thursday that her mother "left peacefully" overnight.

Liliane Bettencourt was the daughter of Eugene Schueller, who founded L'Oreal in the early 20th century.

Forbes magazine estimated her fortune to be worth $39.5 billion this year.

L'Oreal Chairman and CEO Jean-Paul Agon expressed "great admiration" for Bettencourt.

Agon said she "always looked" after the company and its employees and "she has personally contributed greatly to its success for many years."


Updated : 2021-10-17 19:59 GMT+08:00