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Liliane Bettencourt changes will in favour of non-family

The feud between L’Oreal heiress Liliane Bettencourt and her estranged daughter Françoise Bettencourt-Meyers looks set to continue, as Bettencourt has reportedly modified her will and left some of her fortune to a biomedical research centre.

The feud between L’Oreal heiress Liliane Bettencourt and her estranged daughter Françoise Bettencourt-Meyers looks set to continue, as Bettencourt has reportedly modified her will and left some of her fortune to a biomedical research centre. 

According to French magazine Le Point, French financial police, using a search warrant, found Bettencourt’s new will at her lawyer Patrice Bonduelle’s office. It was reportedly drawn up at the end of August, a few weeks before the 89-year-old was placed under guardianship.

Bettencourt is believed to have signed it in a meeting organised by her former lawyer and guardian Pascal Wilhelm, who has since been replaced by order of a French judge.

In the new version, Bettencourt makes the Institut Pasteur, a Paris-based centre for biomedical research, her main heir, leaving it €700 million.

According to the satirical newspaper Le Canard Enchaîné, which estimates the donation at €497 million, she had previously left these assets to her two grandsons Jean-Victor and Nicolas. They will receive Bettencourt’s estate properties in Spain and France, the paper said.  

FB News, Family Business, L'Oreal
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