Lily has been a complex character in The Young and the Restless, and her recent actions regarding Chancellor Industries have sparked quite a debate. While Billy’s control over Chancellor has been clear, Lily’s involvement and her strong feelings about the company’s legacy complicate matters. Her connection to Jill and Katherine Chancellor, both as family and as someone who cherishes the company, fuels her desire to ensure Chancellor’s success, making her more protective of its future. This can make her appear controlling or manipulative, especially since she wants to safeguard the company from Billy’s erratic behavior, which she views as a threat.

However, it’s important to note that Lily isn’t exactly portrayed as a villain. Her motivations stem from a deep respect for the legacy of the company and her personal connection to it, not just from a desire to oust Billy. In contrast, Billy’s unpredictable decisions and his tendency to follow his gut without much thought have often put Chancellor at risk, which is why Lily’s actions might seem justified to some. Yet, from Billy’s perspective, Lily’s insistence on taking control could easily be seen as an attempt to push him out, despite her claiming to act in the company’s best interest.

What complicates matters further is Victor’s role, as he’s been eyeing Chancellor, believing Billy will destroy it, and considering taking over the company for his own reasons. This has added another layer of tension between Lily and Billy, as they both fear Victor’s influence but approach the situation differently