×
GreekEnglish

×
  • Politics
  • Diaspora
  • World
  • Lifestyle
  • Travel
  • Culture
  • Sports
  • Cooking
Saturday
06
Dec 2025
weather symbol
Athens 12°C
  • Home
  • Politics
  • Economy
  • World
  • Diaspora
  • Lifestyle
  • Travel
  • Culture
  • Sports
  • Mediterranean Cooking
  • Weather
Contact follow Protothema:
Powered by Cloudevo
> Diaspora

Giorgos Tsetis: Billion-dollar success story with the sale of hair loss treatment to the giant Unilever

How a Greek who grew up in the Netherlands built a billion-dollar haircare empire

Newsroom September 6 08:38

A Greek entrepreneur who grew up in the Netherlands and carved out an impressive personal journey managed, together with his collaborators, to create a company addressing hair loss—and landed on the Forbes list of the most dynamic young entrepreneurs after selling their idea to a multinational for $1.025 billion.

A former model turned entrepreneur, Tsetis launched Nutrafol out of personal necessity after struggling with hair loss and the harsh side effects of treatments. With a background in engineering and a passion for holistic health, he pioneered a scientifically grounded approach that millions now trust worldwide.

Tsetis is also a philanthropist and opinion leader, shaping global wellness trends and dedicating his life to positively impacting others.

The Beginning of the Story

Born in Chania, Crete, with both Dutch and Greek heritage, Giorgos Tsetis was raised with a mix of cultures. At age seven, his family moved to the Netherlands, choosing a quiet village, where he attended local schools and developed sharp early observational skills.

As a teenager, he was restless, intelligent, and resourceful. He studied mechanical engineering at The Hague University of Applied Sciences. Wanting independence and not to burden his parents, he leveraged his good looks and began working as a model, achieving success in the glamorous world of fashion.

Photo shoots, fashion editorials, and high-profile runway shows entered his portfolio. He traveled from Paris, Milan, London, to Cape Town and the U.S., participating in shows and campaigns for John Galliano, Versace, Yves Saint Laurent, and mingling with designers, famous models, and personalities like Anna Wintour.

While modeling funded his studies, engineering remained his true passion. His modeling career peaked when he signed with Wilhelmina Models in New York in 2009. “They said if you can make it in New York, you can make it anywhere. That’s absolutely true!” he recalls.

“It was tough to survive back then, with fierce competition,” he adds. When the financial crisis struck, New York was hard-hit across multiple sectors. Giorgos continued modeling while pursuing engineering, sending out dozens of résumés that initially went unanswered.

Undeterred, he returned to a New York university to specialize in structural engineering and eventually found work thanks to the city’s construction boom. His persistence paid off, and through intelligence and determination, he eventually founded his own company. “I was very happy and fortunate to have both modeling and engineering experience at that time,” he notes. “In Europe, it may have seemed like an odd combination, but in New York, people understood what it takes to survive.”

But even this was not enough for the ambitious Greek—he dreamed of creating something with lasting international impact.

Turning Personal Struggles into a Life’s Purpose

In the early 2020s, Giorgos Tsetis began losing his hair, a blow to both his career and confidence. He visited multiple doctors. In the Netherlands, he tried a standard prescription treatment, which caused sexual side effects.

Recognizing a market gap, he teamed up with a talented scientist friend to find a better solution for millions facing hair loss worldwide. They discovered that typical dietary supplements did not address the root causes of hair loss—stress, inflammation, hormonal imbalances, and lifestyle factors. Understanding the multifactorial nature of hair health, they invested their savings into research and developing an effective alternative solution.

“We didn’t start Nutrafol to make money. We started because we believed there was a better way to tackle the problem,” Tsetis explains.

“We invested all our capital into research and consulting to develop pills that address the issue naturally and effectively.”

What began in 2014 as Giorgos’s personal search for a safe, effective hair-loss solution evolved into a massive success story. More than 26 clinical studies validated their formulas, with a focus on women’s hair health during childbirth, menopause, and high-stress periods—issues often overlooked by commercial products.

Their formula became the #1 dermatologist-recommended hair growth supplement in the U.S., trusted by over 2 million users. The brand entered major retailers like Amazon and Sephora, generating hundreds of millions in revenue.

In 2022, Unilever acquired a majority stake for over $1 billion, marking the largest deal in the supplement industry at the time. Under Tsetis’s leadership, Nutrafol introduced personalized treatments, advanced diagnostics, and large-scale telehealth support, while continuing to promote wellness education. Cindy Gustafson, the then CMO, became CEO, while Tsetis assumed the role of Chairman and advisor to Unilever’s broader Wellness portfolio. Recently, in 2025, he completed the sale of the remaining shares, valuing the company at well over $3 billion.

Today, based in London, Giorgos Tsetis focuses on investments, philanthropy, and new ventures through his family office, guided by his commitment to purpose, science, and authenticity.

He has made it his life mission to introduce as many people as possible to wellness through seminars and programs, serving as a living example of success. His motto? Nothing is impossible. “Personal challenges can ignite innovation and create global impact,” he says, with the confidence of someone who has achieved it.

>Related articles

Forbes: Two siblings from Thessaloniki in the “30 Under 30” list – The story of Antonia and Kimon Vogt

Vitex: A success story defying the odds amid Greece’s economic crisis

AADE’s guide for Greeks abroad for VAT, declarations, property and income in Greece

Ask me anything

Explore related questions

#billion dollor idea#success story
> More Diaspora

Follow en.protothema.gr on Google News and be the first to know all the news

See all the latest News from Greece and the World, the moment they happen, at en.protothema.gr

> Latest Stories

Papastavrou: The ministerial meeting of the Greece, Cyprus, Israel and the USA group in Washington in April

December 5, 2025

European Commission handbook depicts the East Aegean islands and the Dodecanese as Turkish

December 5, 2025

Anger in Cyprus over the UN Secretary General’s envoy: She described the occupied territories as the “Turkish” side of Cyprus

December 5, 2025

From MAGA to Make Europe Great Again, with support for patriotic parties and a “stop” on mass immigration – How to stop the onslaught of China

December 5, 2025

Billionaire Andrej Babis reappointed Prime Minister of the Czech Republic on Tuesday

December 5, 2025

Axios: Trump will announce by Christmas the new governance structure for Gaza

December 5, 2025

Bolsonaro backs his eldest son as presidential candidate in the 2026 elections

December 5, 2025

US Ultimatum to the EU: Take on the majority of NATO spending by 2027

December 5, 2025
All News

> Greece

Widespread power outages in Sparta and surrounding villages due to severe weather

“The Fire Service was called to rescue people trapped in elevators, as a serious malfunction is believed to have occurred in the power grid”

December 5, 2025

Marinakis: There can be no dialogue with the farmers with incidents like those outside Macedonia airport

December 5, 2025

Clashes with shoving and tear gas between police and farmers who tried to block the entrance of ‘Macedonia’ Airport — watch the video

December 5, 2025

The Supreme Court plenary will rule on the Swiss franc loans

December 5, 2025

Evelina Skitsko revealed she was diagnosed with colon cancer: “They had told me I had the worst case, it was stage two”

December 5, 2025
Homepage
PERSONAL DATA PROTECTION POLICY COOKIES POLICY TERM OF USE
Powered by Cloudevo
Copyright © 2025 Πρώτο Θέμα