L’Oreal billionaire hires McKinsey partner for family’s investment firm

Francoise Bettencourt Meyers, the world’s richest woman, is bolstering her family’s investment company with a hire from McKinsey amid a surge in the value of L’Oreal , the cosmetics giant founded by her grandfather.

The heiress’s Tethys Invest named Cyrielle Villepelet as MD to work alongside CEO Alexandre Benais, according to a statement on Thursday. Villepelet was most recently a partner in the Paris office of consultant McKinsey, working in the luxury, fashion and consumer goods industries...

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