Question

Between them, who controls over half of the shares and voting rights of the world's largest cosmetics and beauty company, L'Oréal?

Answer 1

The Bettencourt family, & Nestlé
As at the end of 2020 the share ownership was: Mrs Françoise Bettencourt Meyers and her family 33.17%, Nestlé 23.20%, international and French investors 37.47%, individuals 4.59%, employees 1.57%. The Bettencourts are the descendants of the founder of the company, and Nestlé is the Swiss food company.