Age, Biography and Wiki
Who is it? | Businessperson |
Birth Year | 1949 |
Birth Place | France |
Age | 74 YEARS OLD |
Net Worth: | $9.1 Billion |
Gender: | Male |
Last Updated: | 2020 |
Net worth: $9.1 Billion (2024)
Alain & Gerard Wertheimer's notable net worth is projected to reach an impressive $9.1 billion by 2024. Hailing from France, these iconic figures have earned recognition as prominent businesspersons. The Wertheimer brothers have made a significant impact within the business world, particularly in the luxury industry. They are best known for their ownership of the renowned fashion house, Chanel. With their astute business acumen and visionary approach, Alain & Gerard Wertheimer have successfully steered Chanel into unprecedented global success, leading to their remarkable net worth.
Eventually, Pierre took Chanel entirely in his possession, buying his early partner out. Apart from clothing, the privately held company sells perfume, make-up, jewelry, watches and other fashion accessories. US-based Alain serves as the chairman of the company, while Gerard, who lives in Switzerland, leads the division of watches. In addition to Chanel, they possess two French vineyards, Rauzan-Ségla in Margaux and Chateau Canon in Saint-Emilion. Alain and Gerard also own thoroughbreds horses, including stallions, which have won such races as the French Derby and the Breeders' Cup Turf in the US. With an estimated net worth at $8 billion in March 2013, Forbes ranked them as #145 among the richest in the world and #5 among the wealthiest in France. The two brothers keep their private lives under wraps and don't give interviews to the press.