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Wednesday, June 19, 2024

Jean-Pierre Meyers – L’Oréal’s New Prince

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L’Oréal is a French personal care company, that mainly leads in beauty, skin care and cosmetic products. It is the world’s largest cosmetic company and has a mass scale of products and their variety, like hair color, shampoos, perfumes, skin care and much more.


It was founded by Eugène Paul Louis Schueller. And the new princes of loreal are Jean-Pierre Meyers and his son Jean-Victor Meyers, and today in this article we are going to know more about them.

About Jean-Pierre Meyers

Jean Pierre is a French businessman who was born on 8th December 1948. His wife is also a famous French businesswoman and a billionaire and her name is Françoise Bettencourt Meyers.


He is a director of L’Oréal and managing director of Tethys, the holding company of the Bettencourt family, one of the first fortunes in France.


He is the grandson of Rabbi Robert Meyers, who was assassinated in Auschwitz, which is a concentration camp, also serving as a military camp. He is the great-grandson of Rabbi Jules Bauer, director of the Jewish Seminary of France.


On April 6, 1984, he married, Françoise Bettencourt, only child of André and Liliane Bettencourt. Their eldest son, Jean Victor Meyers, was born in 1986, followed by Nicolas in 1988.


A part of the L’Oréal Board of Directors since 1987, he has been Vice-Chairman since 1994. In December 2010, he was named Managing Executive of Tethys holding company of the Bettencourt Meyers family which controls 33.09 % of L’Oréal. He is Vice-Chairman of the Supervisory Board of Tethys.


Currently, he is vice-president of the Bettencourt Schueller Establishment and prior to this he was an executive of Nestlé from 1991 to 2014, in which the Bettencourt family was a shareholder. He is one of the leading shareholders of the company controlling the wine deal’s, website – 1855.com, which is in obligatory liquidation.


Spouse – Françoise Bettencourt

Françoise Bettencourt Meyers, born on July 10, 1953 in Neuilly-sur-Seine, is a French businesswoman and very rich person, only girl of André and Liliane Bettencourt.


A part of the administration committee of the L’Oréal group, she is additionally the author of a few books on the Book of scriptures/ bible and the relationship between Judaism and Christianity.


She was taught at Marymount Worldwide School, Paris, a Franco-American private school in Neuilly-sur-Seine. After the baccalaureate, she ceased her ponders taking an years break joining the faculty of mathematics.


Raised within the Catholic religion, Françoise Bettencourt met her future spouse in Megève, Jean-Pierre Meyers, himself the grandson of the previous rabbi of Neuilly-sur-Seine, Robert Meyers, extradited with his spouse to Auschwitz.


She got hitched on April 6, 1984 in Fiesole, in Tuscany They have two children, Jean-Victor, born in 1986 and Nicolas, born in 1988, brought up in Judaism. In 1992, his mother gave him his stakes in L’Oréal and his private chateau in Neuilly-sur-Seine, that’s nearly all of his resources.


She is positioned 12th, within the best 20 worldwide very rich people by Forbes, with an assessed fortune of $73.6 billion in 2021. She is at slightest Walk 17 in 2021, the wealthiest lady within the world. Her wealth places her to date in third place within the positioning of French fortunes drawn up by the magazine Capital in September 2020.


Jean-Victor Meyers

Jean-Victor Meyers, born on April 29, 1986 in Neuilly-sur-Seine, is a French businessman, eldest child of Françoise Bettencourt Meyers and Jean-Pierre Meyers, grandson of Liliane and André Bettencourt, and great-grandson of Eugène Schueller, originator of L ‘Oreal.

A member of the board of directors of L’Oréal, he is the co-founder of Exempla IRE, a fashion and leather goods company.

After classes at the Jeannine-Manuel Active Bilingual School, he got a degree in financial matters and commerce administration at the College of Nanterre and after that taken after, within the United States, a “common commerce” course at the College of California at Los Angeles (UCLA) and back courses at York University.


Graduated from a quickened administration cycle at the Founded Supérieur de Gestion (ISG), he did a summer work at the French Ruddy Cross in 2006, a preparing session in private riches management at Goldman Sachs in London and an internship within the Louis Vuitton boutique on Road Montaigne in Paris.


On February 2012, Jean-Victor Meyers founded the company Exempla ire, with his childhood companion Louis Leboiteux. With a capital of € 400,500, of which it holds 99.87%, it specializes within the fabricate of calfskin merchandise and travel things and clothing.


Marketed in 4 boutiques one in France, two within the Joined together States and one within the Joined together Kingdom, the manifestations are characterized as “minimalist, certainly not bling-bling” by the makers. Generation takes put in Tuscany and Mayenne.


He is the grandson of André Bettencourt born in 1919 and died in 2007, He was a lawmaker, serve a few times beneath de Gaulle and Pompidou and of his spouse Liliane born in 1922 and died in 2017, the only daughter and beneficiary of Eugène Schueller, author of L’Oréal and for a long time to begin with fortune of France.


Through his father, he is the great-grandson of Rabbi Robert Meyers who was born in 1898 and in 1943 he was killed in Auschwitz.


On the other hand, the great-great-grandson of Rabbi Jules Bauer born in 1868 and he died in 1931 who was the executive of the Israelite Theological college of France, of Catholic mother and Jewish father, he and his younger brother Nicolas, who was born in 1988, were brought up in Judaism.


Jean-Victor Meyers Net Worth

Loreal has a net worth of $38.8 billion.

  • The total revenue is of $38,805 billion.
  • The operating income is approximately $6 billion.
  • Net income is about $4 billion.
  • Total assets are about $44 billion.
  • Total equity is about $30 billion.


Françoises net worth is approximately around $87 billion. Jean-Pierre Meyers net worth is around $20 billion, and the rest is of his wife. Jean-Victor Meyers net worth is not yet cleared but according to some sites and few articles his net worth is around few billion dollars, rest will be given or inherited by his father and mother.

Quick Math

Jean-Pierre Meyers was born 8th December 1948, he is a French businessman married to one of the richest women in this world Françoise Bettencourt Meyers.

He is the chief of L’Oréal and overseeing all company’s operations, the holding company of the Bettencourt family, one of the primary fortunes in France. His grandfather was Rabbi Robert Meyers, who was assassinated in Auschwitz.

On April 6, 1984, he got hitched with Françoise Bettencourt, she was the only child of André and Liliane Bettencourt.

Their eldest child, Jean Victor Meyers, was born in 1986, followed by Nicolas in 1988. He is Vice-Chairman of the Supervisory Board of Tethys. He is vice-president of the Bettencourt Schueller Foundation He was an official of Nestlé from 1991 to 2014, in which the Bettencourt family was a shareholder.

He is one of the foremost shareholders of the holding company controlling the wine deal’s area 1855.com, which is in required liquidation.

Jean-Victor Meyers was born on April 29, 1986 in Neuilly-sur-Seine, he is a French businessman, eldest child of Françoise Bettencourt Meyers and Jean-Pierre Meyers, and his grandfather and grandmother were Liliane and André Bettencourt, and great-grandfather was Eugène Schueller, founder of L ‘Oreal.

In the committee of loreal he is one of the board members, he is also the co-founder of Exempla ire, a fashion and leather goods company.

He has a degree in financial matters and commerce administration at the College of Nanterre and after that he took common commerce as a course in United States, right now he is the director board member in loreal and also have his own fashion brand.

According to the google the net worth of Jean-Pierre Meyers is approximately $20 billion and his wife has a net worth of $87 billion.

Jean-Victors net worth is not yet confirmed but according to some sites his parents’ money will be inherited by Nicolas and Jean-Victor Meyers. The total net worth of loreal is around $40 billion.

Interesting Read: Everything you need to know about Lucinda Southworth

Kate Brown
Kate Brown
I am a writer and journalist based in New York. Since the start of my career, I have been in Content Marketing and have proven record by featuring businesses, products and technology on various news outlets like Forbes, entrepreneur.com, magzica.com, inc.com, businessinsider.com

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