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Home » Books » History » Modern » 20th Century

The Bettencourt Affair

The World's Richest Woman and the Scandal That Rocked Paris

By Tom Sancton

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Format: Hardcover, 400 pages
Published In: United States, 01 August 2017
Was the world s wealthiest woman Liliane Bettencourt heir to an estimated thirty-six-billion-dollar L Oreal fortune, the victim of a con man? Or were her own family the real villains? This riveting narrative tells the real-life, shocking story behind the cause celebre that has captivated both France and the world. Liliane Bettencourt is the world s richest woman and the eleventh wealthiest person on the planet, as of 2016. But at ninety-four, she s embroiled in an incredible controversy that has dominated the headlines and ensnared a former president of France in the controversy. Why? Thanks to an artist and photographer named Francois-Marie Banier, who was given hundreds of millions of dollars by Liliane. Liliane s daughter, Francoise, considers Banier a con man and filed a lawsuit against him, but Banier has a far different story to tell. It s all become Europe s biggest scandal in years, uncovering a shadowy corporate history, buried World War II secrets, illicit political payoffs, and much more. Written by Tom Sancton, aVanity Faircontributor and formerTimecorrespondent currently living in France, The Bettencourt Affairis part courtroom drama; part upstairs-downstairs tale; part business narrative of a glamorous global company with past Nazi connections; and part character-driven story of a complex, fascinating family and the intruder who nearly tore it apart."

About the Author

Tom Sancton was a longtime Paris bureau chief for Time magazine, where he wrote more than fifty cover stories. He first broke the Bettencourt affair for many American readers with his feature piece in Vanity Fair in 2010. Sancton coauthored the New York Times (and international) bestseller Death of a Princess, a probing investigation of the murky circumstances behind Princess Diana's death. He has also written for Fortune, Reader's Digest, Newsweek, and other leading magazines. A Rhodes scholar who studied at Harvard and Oxford, he is currently a research professor at Tulane University in New Orleans, where he spends part of the year. In 2014, the French government named Tom Sancton a Chevalier (knight) in the Order of Arts and Letters.

Reviews

"A Buffet for Scandal Aficionados...[Sancton] is an excellent straight-up reporter, and he has dug deeply into the many, many elements that complicate this story."--Janet Maslin, The New York Times "Juicy...the very picture of un grand scandale about the world's richest woman."--Vanity Fair"[A] riveting page-turner chronicling this sweeping Tolstoyan saga...In gripping but unsensational prose, [Sancton] brings the debacle alive in its many dimensions, recreating not merely the lurid courtroom drama, but capturing 'the ineffable sadness at its heart.'"--NPR "An intensely reported account of power, politics, persuasion and the dark family secrets of the ultra-wealthy."--New York Daily News "the book that has emerged from [Sancton's] reporting on the case is surely the definitive account...riveting."--Wall Street Journal "Money, glamour, and scandal are often the key ingredients of a great story--especially when they're true."--Real Simple"A juicy chronicle of France's richest scandal...A well-researched, crisply written, and entertaining story of family, greed, wealth, and the complex relations among them."--Kirkus Reviews"Although this tale seems destined for HBO or Hollywood, to bill this a mere 'family drama' belies the staggering depth with which Sancton portrays his subjects, whose motivations, desires, and downfalls are 'so difficult to judge according to a moral code based on right and wrong, black and white, good and evil.' A natural for book clubs, which will drain a French cellar's worth of wine while appreciating Sancton's meticulous research and discussing this unbelievable cast of characters."--Booklist (starred review)"This true story of the elderly billionaire, the artist to whom she gave a fortune, and the family that claims it's all been a big con, is proof that truth is stranger--or at least makes better poolside reading."--Town & Country"There is no comparable work on the Bettencourt scandal, only interviews and articles, making this highly recommended and pleasurable read a mix of luring tabloid fare and professionally researched courtroom and political drama."--Library Journal (starred review)"The story of this convoluted war of wills (pun intended), told with skill by former Time Paris bureau chief Tom Sancton in The Bettencourt Affair, features a cast of characters pulled straight from a Tolstoy novel."--BookPage "A longtime reporter on a foreign desk, Tom Sancton knows Paris and has done his homework...The Bettencourt Affair is a devilishly engaging immersion into a world few of us can imagine."--Shelf Awareness "This book has it all! Money, class, art, greed, intrigue, seduction, betrayal, and politics. It reads like a novel--a racy and intense thriller--but it's all true. With amazing reporting and wonderful writing, Tom Sancton brings alive the drama of the richest woman in the world, the powerful minister she married, their intellectual daughter, and the audacious artist who may have siphoned off a fortune. Their battles shook France and will fascinate readers."--Walter Isaacson, author of Steve Jobs"The Bettencourt Affair reveals the far-reaching tentacles of a sensational family squabble over the $40-billion L'Oreal fortune. The aging cosmetics heiress gave hundreds of millions of dollars to her protege, who was then charged with criminal manipulation by the woman's embittered daughter and convicted at a trial that also entangled French President Nicholas Sarkozy, a labor minister and others. It's an eye-popping, page-turning read."--John Berendt, author of Midnight in the Garden of Good and Evil and The City of Falling Angels "A riveting, dishy account of one of France's wealthiest families, whose Olympian grasp reaches scandalously deep into the French political world and the government itself. No one who reads this intimate tale of materialism and dangerous liaisons--peppered with political stars and so steeped in paranoia that even a butler makes surreptitious recordings to defend himself--will ever again associate the French upper classes with discretion and understatement."--Anne-Marie O'Connor, author of The Lady in Gold "a Buffet for Scandal Aficionados... [Sancton] is an excellent straight-up reporter, and he has dug deeply into the many, many elements that complicate this story."--Janet Maslin, New York Times "Juicy... the very picture of un grand scandale about the world's richest woman." --Vanity Fair"[A] riveting page-turner chronicling this sweeping Tolstoyan saga... In gripping but unsensational prose, [Sancton] brings the debacle alive in its many dimensions, recreating not merely the lurid courtroom drama, but capturing 'the ineffable sadness at its heart.'"--NPR "An intensely reported account of power, politics, persuasion and the dark family secrets of the ultra-wealthy."--New York Daily News "Money, glamour, and scandal are often the key ingredients of a great story--especially when they're true."--Real Simple"A juicy chronicle of France's richest scandal... A well-researched, crisply written, and entertaining story of family, greed, wealth, and the complex relations among them." --Kirkus Reviews"Although this tale seems destined for HBO or Hollywood, to bill this a mere 'family drama' belies the staggering depth with which Sancton portrays his subjects, whose motivations, desires, and downfalls are 'so difficult to judge according to a moral code based on right and wrong, black and white, good and evil.' A natural for book clubs, which will drain a French cellar's worth of wine while appreciating Sancton's meticulous research and discussing this unbelievable cast of characters."--Booklist, Starred review"This true story of the elderly billionaire, the artist to whom she gave a fortune, and the family that claims it's all been a big con, is proof that truth is stranger--or at least makes better poolside reading."--Town & Country"There is no comparable work on the Bettencourt scandal, only interviews and articles, making this highly recommended and pleasurable read a mix of luring tabloid fare and professionally researched courtroom and political drama."--Library Journal, Starred review "The story of this convoluted war of wills (pun intended), told with skill by former Time Paris bureau chief Tom Sancton in The Bettencourt Affair, features a cast of characters pulled straight from a Tolstoy novel."--BookPage "A longtime reporter on a foreign desk, Tom Sancton knows Paris and has done his homework... The Bettencourt Affair is a devilishly engaging immersion into a world few of us can imagine."--Shelf Awareness "This book has it all! Money, class, art, greed, intrigue, seduction, betrayal, and politics. It reads like a novel -- a racy and intense thriller -- but it's all true. With amazing reporting and wonderful writing, Tom Sancton brings alive the drama of the richest woman in the world, the powerful minister she married, their intellectual daughter, and the audacious artist who may have siphoned off a fortune. Their battles shook France and will fascinate readers." --Walter Isaacson, author of Steve Jobs"The Bettencourt Affair reveals the far-reaching tentacles of a sensational family squabble over the $40-billion L'Oreal fortune. The aging cosmetics heiress gave hundreds of millions of dollars to her protege, who was then charged with criminal manipulation by the woman's embittered daughter and convicted at a trial that also entangled French President Nicholas Sarkozy, a labor minister and others. It's an eye-popping, page-turning read." --John Berendt, author of Midnight in the Garden of Good and Evil and The City of Falling Angels "A riveting, dishy account of one of France's wealthiest families, whose Olympian grasp reaches scandalously deep into the French political world and the government itself. No one who reads this intimate tale of materialism and dangerous liaisons--peppered with political stars and so steeped in paranoia that even a butler makes surreptitious recordings to defend himself--will ever again associate the French upper classes with discretion and understatement." --Anne-Marie O'Connor, author of The Lady in Gold "Juicy... the very picture of un grand scandale about the world's richest woman." --Vanity Fair"[A] riveting page-turner chronicling this sweeping Tolstoyan saga... In gripping but unsensational prose, [Sancton] brings the debacle alive in its many dimensions, recreating not merely the lurid courtroom drama, but capturing 'the ineffable sadness at its heart.'"--NPR "An intensely reported account of power, politics, persuasion and the dark family secrets of the ultra-wealthy."--New York Daily News "Money, glamour, and scandal are often the key ingredients of a great story--especially when they're true."--Real Simple"A juicy chronicle of France's richest scandal... A well-researched, crisply written, and entertaining story of family, greed, wealth, and the complex relations among them." --Kirkus Reviews"Although this tale seems destined for HBO or Hollywood, to bill this a mere 'family drama' belies the staggering depth with which Sancton portrays his subjects, whose motivations, desires, and downfalls are 'so difficult to judge according to a moral code based on right and wrong, black and white, good and evil.' A natural for book clubs, which will drain a French cellar's worth of wine while appreciating Sancton's meticulous research and discussing this unbelievable cast of characters."--Booklist, Starred review"This true story of the elderly billionaire, the artist to whom she gave a fortune, and the family that claims it's all been a big con, is proof that truth is stranger--or at least makes better poolside reading."--Town & Country"There is no comparable work on the Bettencourt scandal, only interviews and articles, making this highly recommended and pleasurable read a mix of luring tabloid fare and professionally researched courtroom and political drama."--Library Journal, Starred review "The story of this convoluted war of wills (pun intended), told with skill by former Time Paris bureau chief Tom Sancton in The Bettencourt Affair, features a cast of characters pulled straight from a Tolstoy novel."--BookPage "A longtime reporter on a foreign desk, Tom Sancton knows Paris and has done his homework... The Bettencourt Affair is a devilishly engaging immersion into a world few of us can imagine."--Shelf Awareness "This book has it all! Money, class, art, greed, intrigue, seduction, betrayal, and politics. It reads like a novel -- a racy and intense thriller -- but it's all true. With amazing reporting and wonderful writing, Tom Sancton brings alive the drama of the richest woman in the world, the powerful minister she married, their intellectual daughter, and the audacious artist who may have siphoned off a fortune. Their battles shook France and will fascinate readers." --Walter Isaacson, author of Steve Jobs"The Bettencourt Affair reveals the far-reaching tentacles of a sensational family squabble over the $40-billion L'Oreal fortune. The aging cosmetics heiress gave hundreds of millions of dollars to her protege, who was then charged with criminal manipulation by the woman's embittered daughter and convicted at a trial that also entangled French President Nicholas Sarkozy, a labor minister and others. It's an eye-popping, page-turning read." --John Berendt, author of Midnight in the Garden of Good and Evil and The City of Falling Angels "A riveting, dishy account of one of France's wealthiest families, whose Olympian grasp reaches scandalously deep into the French political world and the government itself. No one who reads this intimate tale of materialism and dangerous liaisons--peppered with political stars and so steeped in paranoia that even a butler makes surreptitious recordings to defend himself--will ever again associate the French upper classes with discretion and understatement." --Anne-Marie O'Connor, author of The Lady in Gold "An intensely reported account of power, politics, persuasion and the dark family secrets of the ultra-wealthy."--New York Daily News "Money, glamour, and scandal are often the key ingredients of a great story--especially when they're true."--Real Simple "Although this tale seems destined for HBO or Hollywood, to bill this a mere "family drama" belies the staggering depth with which Sancton portrays his subjects, whose motivations, desires, and downfalls are "so difficult to judge according to a moral code based on right and wrong, black and white, good and evil." A natural for book clubs, which will drain a French cellar's worth of wine while appreciating Sancton's meticulous research and discussing this unbelievable cast of characters."--Booklist, Starred review"This true story of the elderly billionaire, the artist to whom she gave a fortune, and the family that claims it's all been a big con, is proof that truth is stranger--or at least makes better poolside reading."--Town & Country"There is no comparable work on the Bettencourt scandal, only interviews and articles, making this highly recommended and pleasurable read a mix of luring tabloid fare and professionally researched courtroom and political drama."--Library Journal, Starred review"A juicy chronicle of France's richest scandal... A well-researched, crisply written, and entertaining story of family, greed, wealth, and the complex relations among them." --Kirkus Reviews"The story of this convoluted war of wills (pun intended), told with skill by former Time Paris bureau chief Tom Sancton in The Bettencourt Affair, features a cast of characters pulled straight from a Tolstoy novel."--BookPage "A longtime reporter on a foreign desk, Tom Sancton knows Paris and has done his homework... The Bettencourt Affair is a devilishly engaging immersion into a world few of us can imagine."--Shelf Awareness "This book has it all! Money, class, art, greed, intrigue, seduction, betrayal, and politics. It reads like a novel -- a racy and intense thriller -- but it's all true. With amazing reporting and wonderful writing, Tom Sancton brings alive the drama of the richest woman in the world, the powerful minister she married, their intellectual daughter, and the audacious artist who may have siphoned off a fortune. Their battles shook France and will fascinate readers." --Walter Isaacson, author of Steve Jobs"The Bettencourt Affair reveals the far-reaching tentacles of a sensational family squabble over the $40-billion L'Oreal fortune. The aging cosmetics heiress gave hundreds of millions of dollars to her protege, who was then charged with criminal manipulation by the woman's embittered daughter and convicted at a trial that also entangled French President Nicholas Sarkozy, a labor minister and others. It's an eye-popping, page-turning read." --John Berendt, author of Midnight in the Garden of Good and Evil and The City of Falling Angels "A riveting, dishy account of one of France's wealthiest families, whose Olympian grasp reaches scandalously deep into the French political world and the government itself. No one who reads this intimate tale of materialism and dangerous liaisons--peppered with political stars and so steeped in paranoia that even a butler makes surreptitious recordings to defend himself--will ever again associate the French upper classes with discretion and understatement." --Anne-Marie O'Connor, author of The Lady in Gold "There is no comparable work on the Bettencourt scandal, only interviews and articles, making this highly recommended and pleasurable read a mix of luring tabloid fare and professionally researched courtroom and political drama."--Library Journal, Starred review"Although this tale seems destined for HBO or Hollywood, to bill this a mere "family drama" belies the staggering depth with which Sancton portrays his subjects, whose motivations, desires, and downfalls are "so difficult to judge according to a moral code based on right and wrong, black and white, good and evil." A natural for book clubs, which will drain a French cellar's worth of wine while appreciating Sancton's meticulous research and discussing this unbelievable cast of characters."--Booklist, Starred review"This true story of the elderly billionaire, the artist to whom she gave a fortune, and the family that claims it's all been a big con, is proof that truth is stranger--or at least makes better poolside reading."--Town & Country"A juicy chronicle of France's richest scandal... A well-researched, crisply written, and entertaining story of family, greed, wealth, and the complex relations among them." --Kirkus Reviews"The story of this convoluted war of wills (pun intended), told with skill by former Time Paris bureau chief Tom Sancton in The Bettencourt Affair, features a cast of characters pulled straight from a Tolstoy novel."--BookPage "A longtime reporter on a foreign desk, Tom Sancton knows Paris and has done his homework... The Bettencourt Affair is a devilishly engaging immersion into a world few of us can imagine."--Shelf Awareness "This book has it all! Money, class, art, greed, intrigue, seduction, betrayal, and politics. It reads like a novel -- a racy and intense thriller -- but it's all true. With amazing reporting and wonderful writing, Tom Sancton brings alive the drama of the richest woman in the world, the powerful minister she married, their intellectual daughter, and the audacious artist who may have siphoned off a fortune. Their battles shook France and will fascinate readers." --Walter Isaacson, author of Steve Jobs"The Bettencourt Affair reveals the far-reaching tentacles of a sensational family squabble over the $40-billion L'Oreal fortune. The aging cosmetics heiress gave hundreds of millions of dollars to her protege, who was then charged with criminal manipulation by the woman's embittered daughter and convicted at a trial that also entangled French President Nicholas Sarkozy, a labor minister and others. It's an eye-popping, page-turning read." --John Berendt, author of Midnight in the Garden of Good and Evil and The City of Falling Angels "A riveting, dishy account of one of France's wealthiest families, whose Olympian grasp reaches scandalously deep into the French political world and the government itself. No one who reads this intimate tale of materialism and dangerous liaisons--peppered with political stars and so steeped in paranoia that even a butler makes surreptitious recordings to defend himself--will ever again associate the French upper classes with discretion and understatement." --Anne-Marie O'Connor, author of The Lady in Gold "A juicy chronicle of France's richest scandal... A well-researched, crisply written, and entertaining story of family, greed, wealth, and the complex relations among them." --Kirkus Reviews "This book has it all! Money, class, art, greed, intrigue, seduction, betrayal, and politics. It reads like a novel -- a racy and intense thriller -- but it's all true. With amazing reporting and wonderful writing, Tom Sancton brings alive the drama of the richest woman in the world, the powerful minister she married, their intellectual daughter, and the audacious artist who may have siphoned off a fortune. Their battles shook France and will fascinate readers." --Walter Isaacson, author of Steve Jobs "The Bettencourt Affair reveals the far-reaching tentacles of a sensational family squabble over the $40-billion L'Oreal fortune. The aging cosmetics heiress gave hundreds of millions of dollars to her protege, who was then charged with criminal manipulation by the woman's embittered daughter and convicted at a trial that also entangled French President Nicholas Sarkozy, a labor minister and others. It's an eye-popping, page-turning read." --John Berendt, author of Midnight in the Garden of Good and Evil and The City of Falling Angels "A riveting, dishy account of one of France's wealthiest families, whose Olympian grasp reaches scandalously deep into the French political world and the government itself. No one who reads this intimate tale of materialism and dangerous liaisons--peppered with political stars and so steeped in paranoia that even a butler makes surreptitious recordings to defend himself--will ever again associate the French upper classes with discretion and understatement." --Anne-Marie O'Connor, author of The Lady in Gold "This book has it all! Money, class, art, greed, intrigue, seduction, betrayal, and politics. It reads like a novel -- a racy and intense thriller -- but it's all true. With amazing reporting and wonderful writing, Tom Sancton brings alive the drama of the richest woman in the world, the powerful minister she married, their intellectual daughter, and the audacious artist who may have siphoned off a fortune. Their battles shook France and will fascinate readers." --Walter Isaacson, author of Steve Jobs "The Bettencourt Affair reveals the far-reaching tentacles of a sensational family squabble over the $40-billion L'Oreal fortune. The aging cosmetics heiress gave hundreds of millions of dollars to her protege, who was then charged with criminal manipulation by the woman's embittered daughter and convicted at a trial that also entangled French President Nicholas Sarkozy, a labor minister and others. It's an eye-popping, page-turning read." --John Berendt, author of Midnight in the Garden of Good and Evil and The City of Falling Angels "A riveting, dishy account of one of France's wealthiest families, whose Olympian grasp reaches scandalously deep into the French political world and the government itself. No one who reads this intimate tale of materialism and dangerous liaisons--peppered with political stars and so steeped in paranoia that even a butler makes surreptitious recordings to defend himself--will ever again associate the French upper classes with discretion and understatement." --Anne-Marie O'Connor, author of The Lady in Gold

EAN: 9781101984475
ISBN: 1101984473
Publisher: Dutton Books
Dimensions: 22.86 x 15.24 x 2.54 centimetres (0.32 kg)
Age Range: 15+ years
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