L'Oreal heiress deemed unfit to manage wealth

Europe's richest woman, Liliane Bettencourt, put under guardianship due to declining mental health.

    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


    YOU MIGHT ALSO LIKE

    Interactive: Plundering Cambodia's forests

    Interactive: Plundering Cambodia's forests

    Meet the man on a mission to take down Cambodia's timber tycoons and expose a rampant illegal cross-border trade.

    The priceless racism of the Duke of Edinburgh

    The priceless racism of the Duke of Edinburgh

    Prince Philip has done the world an extraordinary service by exposing the racist hypocrisy of "Western civilisation".

    China will determine the future of Venezuela

    China will determine the future of Venezuela

    There are a number of reasons why Beijing continues to back Maduro's government despite suffering financial losses.