Téthys
Téthys is the private French holding company of the Bettencourt-Meyers family, the largest shareholder of L'Oréal.
Last updated September 27, 2026
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Overview
Téthys is the holding company of the Bettencourt-Meyers family, the family of Liliane Bettencourt, the daughter of L'Oréal's founder. It serves as the family's principal investment vehicle and is the largest single shareholder of L'Oréal, the world's largest cosmetics and beauty company. Téthys is chaired by Françoise Bettencourt Meyers, with Jean-Pierre Meyers serving as its CEO. The holding company manages a portfolio of assets on behalf of the family, with its most significant and well-known stake being in L'Oréal. Through this stake, Téthys exercises significant influence over L'Oréal's governance and strategic direction. The company is based in France and operates as a private entity, not listed on any stock exchange. Its portfolio management activities are focused on preserving and growing the family's wealth across generations. Téthys is a key player in the French corporate landscape due to its controlling interest in one of the country's most prominent multinational companies.
History
Téthys is the holding company of the Bettencourt-Meyers family, the family of Liliane Bettencourt, the daughter of L'Oréal's founder. It serves as the family's principal investment vehicle and is the largest single shareholder of L'Oréal, the world's largest cosmetics and beauty company. Téthys is chaired by Françoise Bettencourt Meyers, with Jean-Pierre Meyers serving as its CEO. The holding company manages a portfolio of assets on behalf of the family, with its most significant and well-known stake being in L'Oréal. Through this stake, Téthys exercises significant influence over L'Oréal's governance and strategic direction. The company is based in France and operates as a private entity, not listed on any stock exchange. Its portfolio management activities are focused on preserving and growing the family's wealth across generations. Téthys is a key player in the French corporate landscape due to its controlling interest in one of the country's most prominent multinational companies.
Products and positioning
Family holding company and long-term strategic investor
Sources2 sources
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