who owns nestle

Nestlé is a publicly held multinational food and drink processing conglomerate headquartered in Vevey, Switzerland. It is owned by a diverse group of shareholders, with a significant portion of its shares held by investors in Switzerland and the United States, together accounting for more than 75% of the company's shares. Nestlé is also a major shareholder in other companies, including holding about 20.14% of L'Oréal, the world's largest cosmetics company. It was founded by Henri Nestlé and has grown through various mergers and acquisitions over the years, but no single individual owns the company outright—it is owned collectively by public shareholders and institutional investors.