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Liliane Bettencourt Net Worth

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Liliane Bettencourt's Net Worth as of 2024
$44 Billion

Liliane Henriette Charlotte Schueller was born on 21 October 1922, in Paris France, and as Liliane  Bettencourt was known as the face of world-renowned cosmetics company L’Oreal. As of 2015, Forbes magazine ranks Liliane as the richest person in France, second richest person in Europe (Amancio Ortega is the richest), and the richest woman in the world, #14 overall. Liliane passed away in 2017.

So just how rich was Liliane Bettencourt? Forbes estimates that Liliane’s net worth was $44 billion, virtually all of her wealth having been accumulated during her long association with L’Oreal, a good deal of which was inherited from her father, Eugene Schueller, who founded the company in 1909. Most of us can only dream of that kind of fortune, but this woman worked really hard to maintain and increase what she inherited.

Liliane Bettencourt Net Worth $44 Billion

Liliane was raised by her father after her mother’s death when she was five, and started working in her fathers company at the age of 15 as a plain apprentice mixing cosmetics and labeling bottles of shampoo, and of course finishing as the principal share holder of the company and the director of the board after her father’s death in 1957.

L’Oreal was not the only company she managed, as Liliane was one of the biggest share holders of the Nestle company as well. This energetic woman had a strict routine all of her life, not only starting her day at 4 o’clock in the morning, but she engaged in regular sports activities, and even well into her 90s, went for long walks every day.

Although you could have called Liliane Bettencourt the most successful business woman in the world, this was not her only personality asset, as she was a generous philanthropist as well. In 1987 she, her husband and daughter founded the Bettencourt Schueller Foundation, witch held a fortune of about 150 million Euros and had an annual budget of 15 million. This foundation still funds a lot of medical, cultural, social and humanitarian projects, giving scholarships and awards to young scientists, and supporting cultural reconstructions.

Liliane Bettencourt had quite an eccentric private life. She was accused more than once of tax fraud, and of allegedly funding conservative (some would say fascist) French politicians, including her husband, plus drawing a lot of public attention through ongoing lawsuits between the billionaire and her daughter. Liliane had only one husband, the politician Andre Bettencourt, but he was known not only for his subsequent political life in French governments of the 60s and 70s, but for being a member of a group that supported the Nazis in World War II.

In 2007 she faced increasing media attention because of her friendship with artist and writer Francois-Marie Banier, who received expensive gifts from Liliane such as paintings, photographs, life insurance policies as well as money, apparently worth more than $1 billion. This generosity didn’t make Liliane’s only daughter Françoise Bettencourt-Meyers too happy, so she started a long legal war with Francois for the abuse of her allegedly psychologically unstable mother.

The most recent news scandal was between Liliane and her daughter, who together with her two brothers secured custody of Liliane Bettencourt’s whole fortune in 2011 after a three year legal battle, alleging that Liliane had become incompetent because of the onset of Alzheimer’s disease. The following year the famous billionaire was forced to resign her directors seat on L’Oréal’s board as well: Jean-Victor Meyers – her grandson, took her place.

Liliane Bettencourt passed away at the age of 94 on 21 September 2017, at her home in Paris, France; she is survived by her daughter, Francoise.

As the Managing Editor at Net Worth Post, I lead a talented team in delivering compelling content on the lives and achievements of influential figures. With a keen eye for detail and a passion for storytelling, I oversee the production of insightful biographies that resonate with our audience. My role involves not only managing the editorial process but also conducting research, crafting engaging narratives, and ensuring the accuracy and quality of our publications. At NetWorthPost, we strive to provide our readers with in-depth profiles that offer valuable insights into the worlds of business, entertainment, and beyond. Through meticulous research and captivating storytelling, we bring to light the remarkable journeys and successes of individuals who inspire and captivate us.

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  1. Sumit Shukla

    March 6, 2017 at 6:30 pm

    hello

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Businesspersons

Charles Saatchi Net Worth

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Charles Saatchi is one of the richest and best known businessmen in the world and one of many millionaires. Saatchi’s overall net worth has been stated to be $100 million for 2014. Charles Saatchi was born in Baghdad, Iraq, but later had to move together with his family to London, UK to avoid the persecution of Jews in his home country. He was the second son in the family of four kids. As a teenager Charles was really interested in American pop culture and studied at the London College of Communication. After graduation he began his professional career as a copywriter working for “Benton & Bowles” and later started to work in tandem with an art director, Ross Cramer, and together they formed their own company called “CramerSaatchi”.

Charles Saatchi Net Worth $100 Million

They were successful and took-on employees John Hegarty and Heremy Sinclair, but true success came to Charles later. In 1970 Charles Saatchi started his business together with brother Maurice: they established “Saatchi & Saatchi” agency which had become the largest advertising agency in the world by the mid-80’s with just a huge number of high-profile clients like UK Prime Minister Margaret Thatcher and British Airways. However, Charles and Maurice left the agency and together founded another one called “M&C Saatchi”. They took many of their important clients with them, and one of these was British Airways. Nowadays, thanks to his prosperous business, Charles Saatchi has a net worth of $100 million dollars.

To the rest of the world Saatchi is also known as one of the most famous modern art collectors. He purchased his first art work in 1969 –  by Sol LeWitt,  a minimalist from New York. His passion for paintings only grew, and in 2009 he even published the book “My Name Is Charles Saatchi And I Am An Artoholic” wherein the author answered many questions and even gave some advice about collectibles. But the book didn’t become as popular as Saatchi expected, so the author asked his personal assistant to buy a huge number of books to help his work hit some positions in bestseller charts. Later in 2009 Saatchi appeared on the BBC program “School of Saatchi” and gave many young artists a perfect opportunity to show their talent and showcase artworks: some artists even painted portraits of Saatchi himself. In July 2010 Charles Saatchi donated his Saatchi Gallery to the British public together with 200 works of art.

Saatchi’s personal life has never been very public, but he married his first wife in 1973. He had met Doris Lockhart Dibley in 1965 while working for “Benton & Bowes”. The couple lived together for the six years before marrying, but divorced in 1990.  Saatchi’s second wife was Kay Hartenstein to whom he was married from 1990-2001, and they even had a daughter together. Then Saatchi married for the third time in 2003, to English journalist, food writer, gourmet and television personality Nigella Lawson, but after public disagreements, were divorced 2013.

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Businesspersons

Mikey Teutul Net Worth

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Michael Joseph was born 26 November 1978, in Montgomery, New York State USA, and widely known as Mikey Teutul, is a reality television personality, the youngest son of Orange County Choppers founder Paul Teutul, Sr. Mikey began his working life at 14, in the family business.

So just how rich is Mikey Teutul, as of late 2017? Authoritative sources estimate that Mikey has a net worth of over $3 million dollars, largely earned  by working at his father’s and older brother Paul Jr,’s company Orange County Choppers (OCC), and Orange County Iron Works, and through his TV appearances.

Mikey Teutul Net Worth $3 Million

Little is known of Mikey’s early life or education – it seems to have always revolved around the family business. Helping out his family in his teens, theoretically he worked as Assistant General Manager. but his main duties were to answer ‘phones, and clear-up and take out the trash. He was on rare occasions given the chance to build bikes, until he was competent to build his own. He also attended events for promoting OCC.

In 2002, the family was invited to take part in a reality show, Discovery Channel’s “American Chopper”, and subsequently “American Chopper: Senior vs. Junior”, in the course of which the youngest son was thrown out of the business – the middle son is Daniel, and younger sister Cristin. The reason for Mikey’s exclusion was  that Mikey tried to be a mediator between his father and his brother, but his father seemed to be offended that his younger son did not take his side, and so threw him out of the business. During the filming of the show, Mikey was somethoing of a comedy relief to his father’s workers, and that comedy streak helped gain him popularity in TV shows. Mikey then joined his brother’s post-OCC venture, -Paul Jr  Designs – along with most of their father’s employees; obviously the work atmosphere with Paul Teutul, Sr. was not a particularly happy one. Mikey’s eldest brother Paul  Jr. was the former chief fabricator of OCC.

So actually the main source of Mikey Teutul’s wealth is not his father’s business, but the shows he eventually took part in. These have included ‘The Late Show with David Letterman”, “Late Night with Conan O’Brien”, and also “The Tonight Show” with Jay Leno. The shows became very popular and Mikey’s appearances earned him a significant amount of money. To say the least, the family drama did not go without consequences – according to rumours, Mikey Teutul was suffering from an addiction problem, and consequently admitted himself to rehab, and managed to overcome the bad habits which were apparently hindering his progress in life, obviously including business.

In his life away from the businesses already referred to and the limelight of TV, Michael loves to paint, and is apparently respected for his productions, as he opened “The Wolfgang Gallery” gallery in Montgomery, New York, where he has sold or auctioned his paintings, adding somewhat to is net worth, although rumours suggest that the gallery may now be closed. Most recently, Mikey is now trying to enter the market under the moniker LLC FarQueue Products with his line of gourmet pasta sauces. Good luck, Mikey!

In his less-than-private personal life, Mikey is apparently still single – there aren’t even any rumours of romantic liaisons.

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