Liliane Bettencourt, heiress of cosmetics giant L’Oreal and France’s richest woman, has quit the board of the family business and will be replaced by her grandson.
The move comes a few months after it was found that the 89-year-old is suffering from “mixed dementia” and “modestly severe” Alzheimer’s. She was put under the guardianship of her daughter, Francoise Bettencourt-Meyers, and grandsons in October last year.
Full Article and Source:
Bettencourt Exits Family Business
See Also:
L'Oreal Heiress Loses Attempt to Free Herself From Daughter's Guardianship
2 comments:
I feel so sorry for this woman. I think of the saying that money can't buy happiness. It also can't buy true protection.
I agree, Terry. Very sad.
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