#17 Top 20 Billionaires in the World

Liliane Bettencourt

Net Worth: $20 billion

Source: L'Oreal

Residence: France

• Makeup heiress' fortune rebounding with L'Oreal shares.

• Company, founded by her father, celebrated its 100th birthday in 2009.

• Last year only daughter and heir, Francoise Bettencourt-Meyers, petitioned courts to investigate reported $1.4 billion worth of cash and gifts her mother allegedly gave to Francois-Marie Banier, 61, a well-known photographer, writer and painter whom she befriended. Daughter claims Banier took advantage of her mother, who became a widow in 2007. Liliane denies it; has been ordered to undergo psychological testing before July trial. Mother and daughter apparently no longer speak.

Source: http://finance.yahoo.com/career-work/article/109029/worlds-billionaires-2010

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