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Feuds, Secrecy and Private Islands

Wednesday, December 22nd, 2010

liliane-bettencourt-006The cast list and plot twists were almost too bizarre to be true: an octogenarian billionaire; an eccentric dandy who peed in her flowerbeds and took gifts worth almost a billion euros; politicians who came to dinner and left with envelopes of cash; and a disgruntled butler who hid a tape-recorder in the drawing room.

The family feud that has torn apart one of France’s richest dynasties officially ended this week when the Bettencourts, heirs to the L’Oréal cosmetics empire, signed a surprise truce between warring mother and daughter. But France is still reeling from what the spat has revealed about the nation.

Among the revelations which you can read about in the Guardian is that the uber rich family as well as the secret ownership of Arros, a private island in the Seychelles, which appeared to have been promised to Banier the man at the centre of the family feud.

Banier noted to the guardian…

“Can I make clear that I couldn’t give a damn about their money?” Banier told investigators. “That island, I hate it, it’s full of mosquitos, it’s tiny, and it’s very humid. Plus there are sharks. I hate islands. Johnny Depp has two islands in the Pacific where he’s invited me several times and I never go.”

to see the whole article visit the guardian

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