April 16, 2008

Adamant that she would not 'die rich'

Body shop founder Anita Roddick gave away her fortune to charity and  the tax man and left nothing to her daughters.

She described leaving money to your family as "obscene" and cut her two daughters Sam and Justine out of her will in 2005 soon after making a fortune from the sale of The Body Shop.

French cosmetics firm L'Oreal paid £625million for the company, paying Dame Anita and her husband Gordon more than £100million for their 18 per cent share in the business.

Her half of the profit from the eco-friendly, ethical business which she and her husband built up from one shop was donated to the Roddick Foundation, which supports charity causes she espoused.
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Mr Roddick and his family were yesterday away on holiday but the couple's daughters have publicly supported their mother's decision to disinherit them.

Remember husband and father still has half the fortune.

Posted by Jill Fallon at April 16, 2008 12:07 AM | Permalink
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