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'World's Wealthiest Woman,' Liliane Bettencourt, Dies At 94

The heiress may be remembered for the l'affaire Bettencourt which spilled into French politics and saw a confidante accused of exploiting the elderly woman for lavish gifts.

Liliane Bettencourt, heiress to the L'Oréal cosmetics dynasty, has died at the age of 94.

In March, Forbes ranked Bettencourt the world's richest woman, putting her net worth at $39.5 billion.

Bettencourt's daughter, Francoise Bettencourt-Meyers, confirmed the death in a statement to French media, saying her mother died "peacefully" at

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