L'Oreal Heiress Placed Under Guardianship and Appeals
A French judge declared L’Oreal heiress, Liliane Bettencourt, incompetent and granted control of Bettencourt’s financial affairs to her only child, Francoise Bettencourt-Meyers, and grandsons, Jean-Victor and Nicolas. Here is the report from The Huffington Post:
See L’Oreal Heiress Bettencourt Under Family Guardianship, BBC News, Oct. 17, 2011; Danielle and Andy Mayoras, Europe's Richest Woman, Lilian Bettencourt, Declared Incompetent, Forbes, Oct. 17, 2011; Jessica Misener, L’OreaL’Oreal Heiress Liliane Bettencourt Loses Control of Her $23 Billion Fortune, Huffington Post, Oct. 18, 2011.
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