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EssilorLuxottica director says Meta's stake in Ray-Ban maker 'at least 3%'
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EssilorLuxottica director says Meta's stake in Ray-Ban maker 'at least 3%'
Mar 10, 2026 9:53 PM

PARIS, Dec 9 (Reuters) - Facebook-owner Meta

holds at least a 3% stake in EssilorLuxottica, a board

director at the European firm behind Ray-Ban glasses said on

Tuesday.

The Meta stake has previously been reported from sources but

not confirmed by either firm. The pair are working closely

together on Ray-Ban Meta AI-powered glasses.

Jose Gonzalo, executive director at French state-owned

investment bank Bpifrance and an independent director on

EssilorLuxottica's board, said that number could rise.

"It's at least 3%," he said, adding it was possibly up to 5%

although likely at the lower end of that range. He added that

"nothing is stopping them from continuing to grow (their

stake)".

Meta did not immediately reply to a request seeking comment.

EssilorLuxottica was not immediately available for a comment.

Gonzalo added that Meta was not currently seeking a seat on

the board.

"They are not represented on the board, they have not asked

for representation on the board," he said.

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