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

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 her home in France overnight Wednesday.

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