For the first half of 2026, revenue increased 5.8 percent to €23.78 billion ($27.1 billion), while net profit climbed 4.7 percent to €3.96 billion ($4.5 billion) and the operating margin reached 21.3 percent. His granddaughter, Françoise Bettencourt Meyers, and her family own 34.79 percent of L’Oréal, making them the company’s largest shareholder. The Bettencourt Meyers family’s generational handoffThat breadth—from Maybelline and CeraVe to Prada and Gucci—is what has made L’Oréal such an enduring asset for the Bettencourt Meyers family. That structure underwent a handoff last spring, when Bettencourt Meyers left L’Oréal’s board after 28 years. Bettencourt Meyers continues to chair Téthys, while her husband, Jean-Pierre Meyers, serves as CEO, according to its website.