Liliane Bettencourt Net Worth in 2020: $40.1 billion
Full name: Liliane Henriette Charlotte Schueller
Date of birth: 1922-10-21 (97 years)
Birth Place: Paris, France
Residence: Paris, France
Marital Status: Married
Salary: $N/A / year
Source of Wealth: L'Oreal
Ethnicity: Jewish, French
Liliane Bettencourt biography
Wondering what is Liliane Bettencourt’s net worth or how much money is Liliane Bettencourt making? You’re in the right place! Keep reading!
Liliane Bettencourt has a Net Worth of $40.1 due to her inherited L’Oreal shares and her career as a businesswoman
Liliane Bettencourt is one of the most important shareholders of L’Oreal and she is the second richest woman in the world after Christy Walton, as of 2015.
For those who don’t know, L’Oreal is a French beauty and cosmetics company by Eugène Paul Louis Schueller, the father of Liliane Bettencourt.
This French beauty and cosmetics company, as of 2013, has a revenue of €22.9 billion, a profit of €2.96 billion, a total assets value of €28.2 billion and a number of employees of 72.640.
Liliane Bettencourt became the principal shareholder of L’Oreal in 1957 when her father, Eugène Schueller, died.
In 1974, the French heiress offered half of her stake at L’Oreal in exchange of a three percentage stake in Nestle.
In 2012, Liliane Bettencourt owned 30.5% ( 185,661,879 ) of the shares from L’Oreal. From those 30.5$ shares, 12.56% ( 76,441,389 ) of them are held in trust for Françoise Bettencourt Meyers, her daughter.
The rest of the shares of L’Oreal are split as follows : 29.78% ( 178,381,021 ) of the shares are owned by Nestle, 37.76% ( 229,933,941 ) of them are publicly held and the rest are held in the company savings plan.
In 2014, the French heiress, Liliane Bettencourt, made a deal with Nestle and purchased another a 8% stake of L’Oreal from the company ,raising her L’Oreal stock to 33%.
The French heiress is also known for her charity work. She founded the Bettencourt Schueller Foundation in 1987 with her daughter and husband.
The Bettencourt Schueller Foundation offers 12% of its funds to culture and arts, 33% to humanitarian and social projects and 55% to scientific education and research.
Liliane Bettencourt Net Worth 2015
In 2015, Liliane Bettencourt has a net worth of $40.1 billion and she currently is the richest woman in Europe.
Regarding her estates and homes, the French heiress owns a remarkable colonnaded villa in Brittany and a mansion in Neuilly-sur-Seine, Paris. The villa from Brittany features 25 rooms, a tennis court and a swimming pool.
Liliane Bettencourt also owned an island in the Seychelles. The French heiress bought the island in 1998 from the prince Shahram Pahlavi Nia of Iran and sold it recently for $60 million.
Besides that, Liliane Bettencourt also owns a black Mercedes and loves to spend her vacation in destinations like Seychelles, Agadir, the Arcouest and Barbuda.
So how much is Liliane Bettencourt worth? All of her hard work took Liliane Bettencourt Net Worth 2015 to $40.1 Billion.
Liliane Bettencourt net worth evolution
Here you can see how the personal net worth of Liliane Bettencourt changed over the years. We combined our yearly data into an easy to view graph.
* in million/billion of USD
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Richest People in France 2014 | Top 10 Wondering who are the richest people in France? You’re in the right place! Keep reading! France is probably Europe’s wealthiest nation. Home to some of the world’s most famous brands, such as Gucci, Chanel, Louis Vuitton, L’Oreal, Bulgari, the country has many visionary leaders. And to be […]
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