The Bettencourt Affair was a massive scandal that involved Liliane Bettencourt, the heiress of the L'Oreal empire, and Francoise Marie Banier. The L'Oreal scandal is plays a key part in the history of L'Oreal.

Suspecting that Banier was manipulating her mother, Liliane Bettencourt, Francoise Bettencourt Meyers filed a criminal complaint. What initially started as a family feud turned into a national scandal when high-ranking officials of the French government such as Nicolas Sarkozy got dragged in after recorded conversations were leaked to the press.

Learn about how the scandal unfolded and about how L'Oreal started out.

⏰☀️ TIMESTAMPS
0:49 - Story starts
1:39 - Seduction begins
2:34 - $1.5 billion worth of gifts
4:29 - Banier takes control
4:54 - Claire Thibout
6:24 - Deteriorating mother & daughter relationship
7:10 - Meyers takes it to court
8:02 - Recordings are leaked
8:48 - Florence Woerth, Eric Woerth, Patrice de Maistre, Nicolas Sarkozy
9:34 - Tax evasion strategies
10:36 - Trial takes place
11:44 - Verdict, sentences
12:57 - End

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