Run by executives from outside the family for decades, L’Oreal was founded in 1909 by Bettencourt Meyers’ chemist grandfather, Eugene Schueller, to produce and sell a hair dye he had developed ...

L’Oréal’s heiress, Francoise Bettencourt Meyers, will retire from the French cosmetic company’s board later this year. The ...

Bettencourt had been living in seclusion for much of the past decade, suffering from Alzheimer’s and advanced dementia. She was considered too ill to attend the 2015 trial in which 10 people ...

Francoise Bettencourt Meyers, heiress to cosmetics behemoth L’Oréal and world’s second richest woman with US$76.1 billion in net worth, is set to retire from the company’s board in April.

Françoise Bettencourt Meyers was the first woman to hit a $100 billion net worth. She inherited a one-third stake in L'Oréal from her mother. The 71-year-old is stepping down from the company's board ...