Eugène Schueller Eugène Paul Louis Schueller was a French pharmacist and entrepreneur who was the founder of L'Oréal , the world's leading company in cosmetics and beauty . He was one of the founders of modern advertising .Career with L'Oréal As a young French chemist of Alsatian paternal origin , Eugène Schueller graduated in 1904 from the Institut de Chimie Appliquée de Paris . Schueller developed in 1907 an innovative hair-color formula, which he called Oréale . He formulated and manufactured his own products , and sold them to Parisian hairdressers. In 1909, he registered his company, the Société Française de Teintures Inoffensives pour Cheveux , the future L'Oréal. The guiding principles of the company that would become L'Oréal were put into place from the start: research and innovation in the interest of beauty.Support for fascism During the early twentieth century , Schueller provided financial support and held meetings for La Cagoule at L'Oréal headquarters. La Cagoule was a violent French fascist-leaning, antisemitic and anti-communist group whose leader formed a political party Mouvement Social Révolutionnaire which in Occupied France supported the Vichy collaboration with the conquerors from Nazi Germany . L'Oréal hired several members of the group as executives after World War II , such as Jacques Corrèze , who served as CEO of the U.S. operation. This involvement was extensively researched by Michael Bar-Zohar in his book, Bitter Scent .Family Schueller's daughter, Liliane Bettencourt , was the widow of André Bettencourt with whom she had one daughter, Françoise Bettencourt Meyers , a member of L'Oréal's board of directors . Françoise Meyers is married to Jean-Pierre Meyers, whose rabbi grandfather died in Auschwitz , a Nazi concentration camp . In 2017, Liliane Bettencourt was the wealthiest woman in the world , with holdings estimated at US$39.5 billion.Legacy The head office of L'Oréal in Clichy, Hauts-de-Seine is named Centre Eugène Schueller .
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