Liliane Bettencourt, born Liliane Henriette Charlotte Schuller, is the heiress to the founder of L’Oreal. She is also a successful socialite, businesswoman and a philanthropist. She has been ranked as the 39th Most Powerful Woman in the world by the Forbes.
Born on 21 August 1992 in Paris, France, she is today the principal shareholder of L'Oreal. Bettencourt is the only child of Louise Madeleine Berthe and the founder of L'Oreal, Eugene Schuller. Bettencourt joined her father's business as a low-level clerk and learnt to mix cosmetics and labelling of shampoo bottles with her father. She got married to Andre Bettencourt in 1950, who is a pro-Nazi leaning French politician who also was the deputy chairman of L'Oreal. They have a daughter, Francoise, born in 1953.