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Bettencourt Meyers family
How L'Oréal's founding family manages its billion-euro dividends

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The Bettencourt Meyers' family office has built up cash reserves of €7.7bn thanks to its L'Oréal dividends.
The Bettencourt Meyers' family office has built up cash reserves of €7.7bn thanks to its L'Oréal dividends. © Photomontage Glitz – Sources : Philippe Blanchot (AFP)

The Bettencourt Meyers family gets over €1bn a year from its nearly 35% stake in the cosmetics giant. These sums stay on the accounts of the dynasty's family office, following a model also used by other major French luxury families.

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