Marine Conservation Organization Purchases Private Island For $60M From Liliane Bettencourt

lanai-150

Europe’s wealthiest woman, Liliane Bettencourt, allowed a marine conservation organization to purchase her private island in the Seychelles for $60 million.

The eighty-nine year old L’Oreal SA heiress purchased the 0.6-square mile D’Arros Island and a few other smaller islands in 1998. Save Our Seas Foundation based in Geneva, who purchased the private island plans to turn it into a nature reserve. A Bettencourt family spokesman, Jean-Christophe Chiquet, gave confirmation of the purchase.

Save Our Seas is a privately funded non-profit organization that is a supporter of marine life education, research, as well as conservation projects. Spokesman for the foundation, Christoph Lamps, refused to identify the individual who is founder of Save Our Seas, only stating that he “is not Swiss.”

According to the Bloomberg Billionaires Index, Bettencourt has a total worth of $23.3 billion. She is the 2nd wealthiest person in France, behind Bernard Arnault, who is head of LVMH Moet Hennessy Louis Vuitton SA (MC), the world’s biggest luxury-goods company.

******************

THIS IS NOT A RECOMMENDATION TO BUY OR SELL ANY SECURITY!

Disclaimer: Never invest in any stock featured on our site or emails unless you can afford to lose your entire investment. galaxystocks.com publisher and its affiliates and contractors are not registered investment advisers or broker/dealers. Our disclaimer ( http://galaxystocks.com/disclaimer) is to be read and fully understood before using our site, reading our newsletter or joining our email list. Release of Liability: Through use of this website viewing or using, you agree to hold galaxystocks.com report and Crown Equity Holdings Inc. CRWE, its operators, shareholders, employees and/or contractors harmless and to completely release them from any and all liability due to any and all loss (monetary or otherwise), damages (monetary or otherwise) that you may occur. Rule 17B requires disclosure of payment for investor relations. Crown Equity Holdings Inc. (CRWE) is a media-advertisement and newswire company. Crown Equity Holdings Inc. (CRWE), in some cases, provides media advertising and public awareness for both public and private companies, as well as disseminating news. As such, in some cases, when Crown Equity Holdings Inc. (CRWE) advertises for a particular client, Crown Equity Holdings Inc. (CRWE) charges an advertising fee which it must disclose under 17B. The fee may be in cash, in free trading stock or in restricted stock. Crown Equity Holdings Inc. (CRWE), if paid in stock, can and may sell those securities during the advertising period.

Disclaimer: Our disclaimer is to be read and fully understood before using our site, reading our newsletter or joining our email list. Entire Disclaimer Here

0 comments

Other articlesgo to homepage

	Intel (NASDAQ:INTC) Aims To Assist Hewlett-Packard (NYSE:HP) Lenovo, Quanta Release Smart TVs – HPQ, IBM, TDC, CRAY, SGI According to component makers, Intel Corporation (NASDAQ:INTC) will assist with Hewlett-Packard (NYSE:HP), Lenovo, Quanta Computer and Compal Electronics to release smart TVs in 2013,. Intel and Microsoft (NASDAQ:MSFT) began approaching into the home entertainment market in 2006 with the software giant mostly focusing on promoting its Windows Media Center Edition (MCE) operating system. Whereas Intel

	Sprint (NYSE:S) Bids $2.1B To Buy Rest Of Clearwire (NASDAQ:CLWR) – CLWR, S, AMX, VOD, NIHD The majority owner of Clearwire Corporation (NASDAQ:CLWR), Sprint Nextel Corporation (NYSE:S) has proposed $2.1B to purchase the rest of the wireless service provider other than it may have to increase its bid to obtain enough shareholder backing to secure a agreement. Clearwire, which declared that it is evaluating the offer, saw its share surged about

	S&P 500 Declined To Four Month Low – DELL, MSFT, HPQ The S&P 500 fell to its lowest level since late July last week, due to vagueness over US budget plans and an increase of aggression in the Middle East. The S&P 500 ended below its 200-day moving average subsequently in last week, a technical gauge that suggests new turn downs are gaining energy. It was

	William Koch Constructing His Own Old West Town William Koch, the energy billionaire is creating a private 19th-century Western village, with a jail, a saloon, and a train station, way up in the Rocky Mountains in a region dotted with historic ghost towns that passed away when the mines that supported them dried up. Seventy-two year old Koch, who garnered his fortune in

	Universal Taking A Big Gamble In “Bourne Legacy” Minus Matt Damon (CMCSA, SNE) Universal Pictures’ restart of the “Bourne” films, minus series star Matt Damon or the character he played, will have a hard time matching the success of the previous “Bourne” movies. U.S. weekend forecasts for “The Bourne Legacy,” which opens tomorrow, expand from the low $30-million range to approximately $40 million, in comparison with $69.3 million