The L'Oréal fortune was inherited by Françoise Bettencourt Meyers, who is the granddaughter of L'Oréal's founder and the daughter of Liliane Bettencourt.
The L'Oréal Inheritance: A Multigenerational Legacy
The significant fortune associated with the global beauty group, L'Oréal, is a multigenerational legacy within the Bettencourt family. Françoise Bettencourt Meyers became the principal heiress after the passing of her mother, Liliane Bettencourt, in 2017. Following this inheritance, Françoise Bettencourt Meyers and her family collectively own approximately 35% of the beauty conglomerate.
Key Figures in the L'Oréal Fortune
The control and management of the L'Oréal fortune involve several key family members, ensuring the continuity of the legacy.
Individual | Relationship to L'Oréal | Role/Status |
---|---|---|
Françoise Bettencourt Meyers | Granddaughter of L'Oréal's founder, Daughter of Liliane | Principal Heiress, owns about 35% of the company with her family, known for her private life. |
Liliane Bettencourt | Daughter of L'Oréal's founder | Former principal heiress, passed the fortune to her daughter Françoise upon her death in 2017. |
Françoise's two sons | Great-grandsons of L'Oréal's founder | Actively involved in the family's stake, holding seats on the company's board, continuing the family's influence. |
Family's Continued Involvement
Despite her private nature, Françoise Bettencourt Meyers oversees this vast fortune. Her two sons are also actively involved in the family's stake in the company, holding seats on L'Oréal's board. This arrangement ensures the family's continued influence and control over the beauty empire, extending the legacy across generations. More details on the family's wealth can be found in reports on their fortune.