Richest Woman In The World, Liliane Bettencourt Dies At 94

The world’s richest woman whose old age was clouded by dementia,L’Oreal heiress Liliane Bettencourt, has died at the age of 94, her family said Thursday.

“Liliane Bettencourt died last night at home,” her daughter Francoise Bettencourt Meyers said in a statement.

Bettencourt, the cosmetics giant’s principal shareholder, was the 14th richest person in the world, according to Forbes magazine, which estimated her net worth in March at $39.5 billion.