Liliane Bettencourt, Heiress to L'Oréal Fortune, Dies
Liliane Bettencourt, one of the world's richest women and heiress to the L'Oreal cosmetics fortune, died Thursday. She was 94.
"My mother has left peacefully," Françoise Bettencourt-Meyers, her daughter, said in a statement.
Ms. Bettencourt-Meyers, who was appointed guardian of Ms. Bettencourt's assets in 2011, and her sons control 33% of L'Oreal SA's shares. Ms. Bettencourt-Meyers Thursday affirmed her support for Jean-Paul Agon, the company's chief executive.
"In this painful moment for us, I would like to reiterate, on behalf of our family, our entire commitment and loyalty to L'Oréal and to renew my confidence in its President Jean-Paul Agon and his teams worldwide."
Write to Matthew Dalton at Matthew.Dalton@wsj.com
Corrections & Amplifications
This article was corrected at 2:01 p.m. ET because an earlier version incorrectly spelled Bettencourt-Meyers as Bettencourt-Myers in the third paragraph.
Françoise Bettencourt-Meyers was appointed guardian of Liliane Bettencourt's assets. "Liliane Bettencourt, Heiress to L'Oréal Fortune, Dies" at 1:24 pm ET, incorrectly spelled her last name as Bettencourt-Myers in the third paragraph. (September 21, 2017)
PARIS -- Liliane Bettencourt, one of the world's richest women and heiress to the L'Oréal cosmetics fortune, died Thursday. She was 94.
"My mother has left peacefully," Françoise Bettencourt-Meyers, her daughter, said in a statement.
Ms. Bettencourt-Meyers, who was appointed guardian of Ms. Bettencourt's assets in 2011, and her sons control 33% of L'Oréal SA's shares. Ms. Bettencourt-Meyers Thursday affirmed her support for Jean-Paul Agon, the company's chief executive.
"In this painful moment for us, I would like to reiterate, on behalf of our family, our entire commitment and loyalty to L'Oréal and to renew my confidence in its President Jean-Paul Agon and his teams world-wide."
Write to Matthew Dalton at Matthew.Dalton@wsj.com
(END) Dow Jones Newswires
September 21, 2017 14:17 ET (18:17 GMT)