Bettencourt's late father Eugene Schueller discovered a hair-color formula which he named "Oreale" in 1907. He later began manufacturing his own products and sold them to Parisian hairdressers. In 1909, he registered his company, "Societe Francaise de Teintures Inoffensives pour Cheveux", presently the L'Oreal Group. French native, heiress, socialite, businesswoman and philanthropist Liliane Bettencourt was born in 1922. Joined her father's business at the age of 15; initially was an Apprentice of Mixing Cosmetics and Labeling Bottles of Shampoo. Married French politician Andre Bettencourt ...Contact us to see more Biography
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Appears to have been involved in a 2010 political scandal concerning former French President Nicolas Sarkozy and former Minister of Labour, Solidarity and Civil Service Eric Woerth. Bettencourt's former accountant reportedly claimed Sarkozy and Woerth received cash-filled envelopes during their frequent visits to Bettencourt's mansion prior to their presidential elections in 2007, as well as between 1983 and 2002, when Sarkozy was Mayor of Neuilly-sur-Seine. The alleged total surpassed the $10,000 limit for political parties. Bettencourt's former accountant later retracted her statement regarding Sarkozy's illegal cash from 1983 to 2002, but she stated that she was under police's pressure. Both Sarkozy and Woerth denied the wrongdoings. The police also raided the home and office of financial management and investment firm Clymene's Patrice de Maistre, who managed Bettencourt's wealth.Contact us to see more Interesting Facts
Interests, Passion, Hobbies
Kind of Interests, Passion and Hobbies: Fashion
Description: Served as an Apprentice of Mixing Cosmetics and Labeling Bottles of Shampoo at the L'Oreal Group.
Kind of Interests, Passion and Hobbies: Philanthropy
Description: Co-founded the Bettencourt Schueller Foundation with her husband and daughter.
Kind of Interests, Passion and Hobbies: Art
Description: Reportedly owns artworks by renowned artists including Chirico, Fernand Leger, Picasso, Girodet, Matisse, Munch, Juan Miro and Braque.
Giving Profile: Founded the Bettencourt Schueller Foundation with her late husband, Andre Bettencourt and daughter, Francoise Bettencourt-Meyers in 1987. The foundation devotes approximately 55% of its funds to scientific education and research, 33% to humanitarian and social projects and 12% to culture and arts. In 2011, Bettencourt reportedly donated $14 million to the Institut de France.Contact us to see more Philanthropy
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