Error processing SSI file
Europe
L'Oreal heiress deemed unfit to manage wealth
Europe's richest woman, Liliane Bettencourt, put under guardianship due to declining mental health.
Last Modified: 17 Oct 2011 21:12

After a very public three-year-long saga, Europe's richest woman must cede control of her $20bn fortune to her daughter and two grandsons.

Liliane Bettencourt, heiress to the L'Oreal cosmetics fortune, has been deemed unfit to manage her own assets as a result of an ongoing struggle with dementia and Alhemizer's disease.

Bettencourt's lawyers have vowed to appeal the ruling and Bettencourt herself has threatened to flee France in an effort to escape the guardianship.

Al Jazeera's Estelle Youssouffa reports from Paris.

Source:
Al Jazeera
Topics in this article
People
Country
Featured on Al Jazeera
UNHCR says hundreds of people trapped in Yaloke town risk death if they are not evacuated to safety urgently.
'Justice for All' demonstrations swell across the US over the deaths of African Americans in police encounters.
Six former Guantanamo detainees are now free in Uruguay with some hailing the decision to grant them asylum.
Disproportionately high number of Aboriginal people in prison highlights inequality and marginalisation, critics say.
Featured
Long-standing dispute over Christian use of the word 'Allah' raises concerns about a very un-Merry Christmas.
The threat posed by ISIL has prompted thousands of young Kurds to join the PKK.
Baja California - with its own grim history of disappeared people - finds a voice in the fight against violence.
Russian feminist rockers fight system holding 700,000 - the world's largest per capita prison population after the US.
Weeks of growing protests against Muslims continue in Dresden with 15,000 hitting the streets last Monday.