Liliane Bettencourt: The latest billionaire to get caught up in the Madoff scandal. Bettencourt, a Loreal heiress, is (or was) the richest woman in the world, but she had entrusted part of her $22.9 billion to Madoff through Thierry de la Villehuchet’s Access International Advisers firm before he died.
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Rene-Thierry Magon de la Villehuchet, the 65-year-old founder of a hedge fund in NYC, committed suicide in his office today. His fund, Access International Investors, had lost over $1.4 billion in the Madoff scandal. According to Bloomberg, “de la Villehuchet was found ‘with his feet propped up on his desk, a trash pail nearby to collect blood,’ and no sign of a second person. De la Villehuchet had ‘multiple stab wounds’ to his arms and wrists, and a box-cutter and pills were found nearby.”