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Bettencourt

March 17, 2010

The perils of owning and managing a family business are a regular feature of www.campdenFB.com, writes Katie Barker. Sibling rivalry, a lack of succession planning and leaders who are unable to let go are just some of the problems that can result in family feuds, PR catastrophes or even the sale of the business

The perils of owning and managing a family business are a regular feature of www.campdenFB.com, writes Katie Barker. Sibling rivalry, a lack of succession planning and leaders who are unable to let go are just some of the problems that can result in family feuds, PR catastrophes or even the sale of the business.

March 11, 2010

Mexican telecommunications baron Carlos Slim has overtaken Microsoft owner Bill Gates and legendary investor Warren Buffet to take the top spot in a list of the world’s richest people.

Mexican telecommunications baron Carlos Slim (pictured) has overtaken Microsoft owner Bill Gates and legendary investor Warren Buffet to take the top spot in a list of the world's richest people.
 
Slim, who runs the empire with his family, has an estimated fortune of $53.5 billion, which he increased by $18.5 billion last year. He is the first non-American to top the list in 16 years. Gates and Buffet come in second and third with an estimated $53 billion and $47 billion respectively.
 

March 4, 2010

Francoise Bettencourt Meyers, the daughter of L’Oreal heiress Liliane Bettencourt, has denied the family is looking to sell its 31% stake in the company to Switzerland-based food giant Nestle.

Francoise Bettencourt Meyers, the daughter of L'Oreal heiress Liliane Bettencourt (pictured), has denied the family is looking to sell its 31% stake in the company to Switzerland-based food giant Nestle.
 

December 14, 2009

Francoise Bettencourt Meyers, daughter of L’Oreal heiress Liliane Bettencourt, won the right prosecute the man she claims exploited her mother for just under €1 billion.

Francoise Bettencourt Meyers, daughter of L'Oreal heiress Liliane Bettencourt, won the right prosecute the man she claims exploited her mother for just under €1 billion.
 
In a criminal court ruling heard in Paris on Friday, Bettencourt Meyers won the right to a trial against Francois-Marie Banier, a close friend of the her mother, to determine if Banier took advantage of 87-year-old Bettencourt's "mental frailty".
 

September 4, 2009

A bitter family feud that threatens to split one of Europe’s wealthiest family dynasties, the owners of L’Oreal, will go to court after a ruling in France yesterday

A bitter family feud that threatens to split one of Europe's wealthiest family dynasties, the owners of L'Oreal, will go to court after a ruling in France yesterday.
 
The case will call into question the mental health of Liliane Bettencourt (pictured), the 86-year-old daughter of the founder and head of the family. It has been brought to court by Bettencourt's daughter, Francoise Bettencourt-Myers, who claims a close confident of her mother's exploited the 86-year-old for just under €1 billion.
 

March 5, 2008

Microsoft owner Bill Gates has been over taken in a world rich list by a family business owner.

Microsoft owner Bill Gates has been overtaken in a world rich list by a family business owner. Carlos Slim, (pictured), who runs the Mexican telecommunications empire with his family, has been ranked second in a list of the world's richest people after narrowly being beaten to the top spot.

Warren Buffet tops the list with an estimated worth of $62 billion. Slim has $60 billion while Microsoft owner Bill Gates, who has topped the list for more than a decade, is ranked third with $58 billion.

March 1, 2008

Members and owners of family businesses are among the wealthiest people on the planet. Families in Business takes a look at the wealthiest top 10 and analyses how they came to be there

1. Carlos Slim Helú (pictured) is the head of Telmex, a Mexican telecommunications empire that he runs with his sons. He is the world's richest family business owner with a fortune, worth an estimated $60 billion, that surpasses even that of Bill Gates. Slim's father was a Lebanese immigrant who started a dry-goods store in 1911. Slim made his first fortune in 1990 when we bought Telmex from the Mexican government.

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