Alain Gerard Wertheimer Net Worth is$8 Billion
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Profession: Businessperson
Date of Birth: 1949
Country: France
Alain & Gerard Wertheimer net worth: Brothers Alain & Gerard Wertheimer are owners of the French luxury brand Chanel who have a net worth of $8 billion. The high fashion brand was founded back in 1909, by their grandfather Pierre Wertheimer and his partner Gabrielle (Coco) Chanel, the company's namesake. 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-Segla 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.
Alain Wertheimer (b. 1949) is a French businessman based in France who, with his brother Gerard own the controlling interest in the House of Chanel. The son of Jacques Wertheimer and Eliane Fischer, it was his grandfather Pierre who co-founded the Chanel business. The privately held company is run by Alain who has presided over the acquisition of several non-Chanel brands, including Eres Lingerie and beachwear, Tanner Krolle saddles and leather goods, and Holland & Holland, a British gunsmith. Based in France, the Wertheimer brothers own French vineyards like Rauzan-Segla in Margaux, France and Chateau Canon in Saint-Emilion, both of which have won rave reviews from oenophiles. Both brothers are enthusiastic equestrians who also inherited and operate an important Thoroughbred horse racing stable they call La Presle Farm or Wertheimer farm for racing in the United States and is known as Wertheimer et FrA?re partnership in France. His net worth is over $7 billion as of 2012.

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Alain Gerard Wertheimer Latest News

Chanel Debuts Makeup For Men - ‘Beauty Is Beyond Gender’

Chanel, the storied fashion house, says yes. The French luxury goods company, owned by Jewish billionaire brothers Alain and Gérard Wertheimer, plans to launch a makeup line aimed at men — a first for ...
Posted: August 20, 2018, 11:15 am

Elite Thoroughbred Racing Lifestyle Club Launches in Singapore

Famous billionaires such as French Businessmen Alain and Gerard Wertheimer who own controlling interests of the House of Chanel; Katsumi and Teruya Yoshida from the Shadai Group in Japan known for ...
Posted: February 25, 2019, 6:30 pm

How The Wertheimer Family Became One Of The Wealthiest Families On The Planet, With A Combined Net Worth of $45.6 Billion

The Wertheimer family is the 6 th wealthiest family in the ... Today, Pierre's grandsons, Alain and Gerard run Chanel. The brothers have been working for the fashion house for 43 years. They are the ...
Posted: October 4, 2018, 4:31 am
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