L’Oreal heiress Liliane Bettencourt, France’s richest woman, has sold a private island in the Seychelles to a firm linked to an ocean conservation foundation.

LVMH CEO Bernard Arnault, the man behind some of the world’s top luxury labels, has been officially named France’s richest man. Arnault’s fortune is estimated at 22.7 billion euros, ($28.6 billion) following a 55% increase in his net worth weekly magazine Challenges reported. Arnault took over the top slot from Gerard Mulliez and family, the […]

Liliane Bettencourt, daughter of Eugene Schueller, the man who founded cosmetics giant L’Oréal, tops Forbes’ just-released list of the richest women in Europe with a fortune of $22.9 billion. That also makes her the world’s richest woman and the 17th richest person on earth, according to Forbes. She is also the second richest person in […]