Liliane Bettencourt, the heiress to cosmetics firm L’Oreal, has died aged 94, her family has confirmed.

A statement said she had died at home “peacefully” overnight.

With an estimated 2017 net worth of 33bn euros (£30bn; $40bn), she was the world’s richest woman.

She left the company’s board in 2012 and was rarely seen in public afterwards, but remained in the news because of a high-profile exploitation case following her dementia diagnosis.

In a statement, the company’s chairman and CEO Jean-Paul Agon said: “We all had a deep admiration for Liliane Bettencourt who has always watched over L’Oreal, the company and its employees, and who was very attached to its success and development. Read more...http://www.newsyvoice.com/loreal-heiress-liliane-bettencourt-dies-94/