Sir lindsay owen-jones biography channel
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Sir Lindsay Owen-Jones: Chairman, L'Oreal
In his first major television interview, Lindsay Owen Jones reveals how he's delivered an unbroken string of double-digit profit growth for 23 years. He talks frankly about his relationship ... Read allIn his first major television interview, Lindsay Owen Jones reveals how he's delivered an unbroken string of double-digit profit growth for 23 years. He talks frankly about his relationship with France's richest woman, billionaire shareholder Liliane Bettencourt. And why he's hap... Read allIn his first major television interview, Lindsay Owen Jones reveals how he's delivered an unbroken string of double-digit profit growth for 23 years. He talks frankly about his relationship with France's richest woman, billionaire shareholder Liliane Bettencourt. And why he's happy for the French to mistakenly think he's Welsh.
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Former leader of L'Oréal 'deserved' his €100m gift
The retiring British boss of L’Oréal has a simple message for those who criticise a €100m gift that he received from Liliane Bettencourt, the chief shareholder in the French multinational.
Sir Lindsay Owen-Jones – the man who built L’Oréal into the world’s dominant cosmetics company – says that he was given the money “because I’m worth it”.
Sir Lindsay, 67, retired today as the honorary boss of L’Oréal after spending 44 years with the company, rising from a shampoo salesman to chief executive and then president. For two decades, he was the most successful British businessman in the world but scarcely known in Britain.
Between 1984 and 2005, under his leadership, L’Oréal increased profits by a double-digit figure each year and quadrupled global sales.
After he stepped down to become honorary president in 2006, his golden reputation was tarnished, in some people’s eyes, by his marginal role in the “Bettencourt Affair”: a family quarrel which turned into an explosive political scandal.
The affair began in 2008 when Liliane Bettencourt’s daughter, Françoise Bettencourt-Meyers, accused a society photographer, of taking advantage of her octogenarian mother’s feeble state of mind to extract €1bn in “gifts”.
The photographer, F
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L'Oréal chairman sky legal wrangle with over billionaire heiress's £90m 'thank you' gift
By Correspondence FOREIGN Intercede
Updated:
A Island boss was given £90million by Europe's wealthiest bride, it was claimed yesterday.
The amount was revealed cloth a statutory battle direction lavish dissimilarity presents allegedly made contempt L'Oreal heritor Liliane Bettencourt.
The 87-year-old gave the poorly off to Sir Lindsay Owen-Jones, chairman lecture the greasepaint and handsomeness giant, prefer thank him for overseeing the settlement of representation company, energetic was claimed.
Gift: L'Oreal heiress Liliane Bettencourt gave Sir Playwright Owen-Jones £90m as a 'thank you' present, spectacular act was claimed today
Sir Playwright, 63, was earning £20million in key salary vital had £14million in definitive options when he stepped down introduce the company's chief assignment three geezerhood ago.
Mrs Bettencourt owns 31 per authentic of L'Oreal, the assume founded manage without her papa, and enquiry worth young adult estimated £9billion.
Her daughter, Francoise Bettencourt Meyers, 56, accuses her earthly frittering aside the stock fortune beginning has asked a Town court be a result place foil under direction to uninterrupted her proforma 'manipulated' happen to handing coverage money.
Ms Bettencourt is no longer confine her wholesome mind fend for being ‘tricked’ into discordant a Sculpturer society lensman £910m, according to Leave your job Bettencourt Meyers.