The world’s richest woman and heiress to the L’Oreal cosmetics fortune, Liliane Betterncourt has died at the age of 94.
The socialite and businesswoman passed away in the early hours of Thursday at her home in Paris, her daughter Françoise Bettencourt-Meyers said in a statement.
“She would have been 95 on 21 October, My mother left peacefully.”
Recall, Last year Ms Bettencourt was ranked the richest woman in the world with a fortune of $39.5bn (£29bn), by Forbes magazine. It made her the world’s 14th richest person.
In a statement, L’Oréal chairman and CEO Jean-Paul Agon expressed his condolences to the family and said: “We all had a deep admiration for Liliane Bettencourt who has always watched over L’Oréal, the company and its employees.