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L'Oreal heiress deemed unfit to manage wealth

2012-08-22 66 Dailymotion

After a very public three-year-long saga, Europe's richest woman must cede control of her $20bn fortune to her daughter and two grandsons.<br /><br />Liliane Bettencourt, heiress to the L'Oreal cosmetics fortune, has been deemed unfit to manage her own assets as a result of an ongoing struggle with dementia and Alhemizer's disease.<br /><br />Bettencourt's lawyers have vowed to appeal the ruling and Bettencourt herself has threatened to flee France in an effort to escape the guardianship.<br /><br />Al Jazeera's Estelle Youssouffa reports from Paris.

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