L’Oréal Heiress Denies Illness

Liliane Bettencourt, France’s richest woman and L’Oréal heiress, has been accused by her daughter that she was tricked into giving away more than $1.4bn to a French society photographer. Both she and her daughter, Françoise Betterncourt Meyers sit on the board of the cosmetics company. The daughter has only filed suit against the photographer, François-Marie Banier, and not against her mother. But she has insisted that her mother submit to a medical examination.

The Financial Times has the whole story, and thanks to Joel Dobris for the article.