Eugène Schueller was the founder of now $163.5 billion worth company L’Oréal. He was a very enthusiastic French pharmacist who founded L’Oréal and prospered it under the Nazis.
As per several sources, Schueller was reported to be a billionaire at the time of his death.
Who Is Eugène Schueller? The Unknown Founder Of L’Oréal
Eugène was a renowned French pharmacist and chemist with a great entrepreneurial spirit.
After graduating from the Chimie ParisTech (previously known as Institut de Chimie Appliquée de Paris) in 1904, he devoted his life to innovating people’s life.
In 1907, he formulated a hair color and named it Oréale. Initially, he developed the products and directly sold to Parisian hairdressers.
Two years later, he registered his company with the name the Société Française de Teintures Inoffensives pour Cheveux which was later called L’Oréal.
Supported La Cagoule And Nazi Germany
The founder of L’Oréal, supported facists like La Cagoule, political party Mouvement Social Révolutionnaire and Nazi Germany.
It was proven as truth after researched papers were included in the book Bitter Scent by Michael Bar-Zohar.
Eugène Schueller aka Eugène Paul Louis Schueller was born on 20 March 1881 and died on 23 August 1957 at the age of 76. He deceased in his homeland Paris, France.
In his memorial, L’Oréal’s head office in Clichy, Hauts-de-Seine is called Centre Eugène Schueller.
Schueller Family Tree
Eugène Schueller was married to Louise Madeleine Berthe from 26 October 1909 to 27 October 1927. Eugène and Louise were together until death parted their ways.
The late-couple were blessed with a daughter Liliane Bettencourt, who had the net worth of $39.5 billion making her world’s richest woman at the time of her death.
After Liliane’s death, her title is succeeded by her only daughter Françoise Bettencourt Meyers, heiress of L’Oréal. She is married to Jean-Pierre Meyers.