Showing results by author "Tom Sancton" in All Categories

Heiress to the nearly 40-billion-dollar L’Oréal fortune, Liliane Bettencourt was the world’s richest woman and the 14th wealthiest person. But her gilded life took a dark yet fascinating turn in the past decade. At 94, she was embroiled in what has been called the Bettencourt Affair, a scandal that dominated the headlines in France. Why? It’s a tangled web of hidden secrets, divided loyalties, frayed relationships, and fractured families, set in the most romantic city - and involving the most glamorous industry - in the world.

Launched in the 1880s by the first baron, the Empain industrial empire spread from Belgium and France to span more than a dozen countries. When Baron Édouard-Jean “Wado” Empain took over, he further expanded the company, became a key player in France’s nuclear sector, and, by the mid-1970s, was one of the country’s most powerful business leaders - a self-described “master of the universe”. Wado’s vertiginous rise caught the eye of Alain Cailloll, a small-time gangster who had grown up in a wealthy family before embracing a life of crime.