News Business 20 richest people in 20 major countries

20 richest people in 20 major countries

New Delhi: Forbes has released their annual list of the world's richest people ranking a giant 1,645 billionaires across the globe. Among the top 50 are the usual faces of tech (as in Facebook and

The richest French: Liliane Bettencourt

Net worth: US$34.5-billion

Forbes rank: 11




Liliane Bettencourt is a Paris born businesswoman, philanthropist, and socialite who has a net worth of $34.5 billion. Bettencourt is a principal shareholder of L'Oreal, a shareholder in Nestle, and one of the richest women in the world. She co-founded the Bettencourt Schueller Foundation with her husband and daughter to support scientific research, humanitarian projects, and the arts. Bettencourt is no longer involved in running the company her father started but her grandson has a seat on the board. The family is looking to increase its stake in the company to 33% thanks to a planned purchase of 8% from Nestle later this year.

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