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Gérard Wertheimer

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Gérard Wertheimer
Born (1951-04-17) 17 April 1951 (age 73)
Paris, France
EducationUniversity of Paris
Known forCo-owner of Chanel
SpouseValérie Picavet
Children2
Relatives

Gérard Paul Philippe Wertheimer (born 17 April 1951) is a French billionaire businessman based in New York City and Geneva, who owns Chanel in partnership with his brother, Alain.[1] As of October 2022, Wertheimer's net worth was estimated at US$40 billion by Bloomberg Billionaires Index, making him the 27th richest person in the world.[2]

As per Forbes list of The Richest People In The World, dated 8 MARCH 2024, Gerard Wertheimer is ranked #40 with a net worth of $36.8 Billion.[3]

Biography

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Wertheimer was born to a Jewish family,[1] the son of Jacques Wertheimer and Eliane Fischer. His grandfather, Pierre, co-founded Chanel with Coco Chanel. The company is run by Alain Wertheimer who has presided over the acquisition of several non-Chanel brands, including Eres Lingerie, Tanner Krolle saddles and leather goods, and Holland & Holland, a British gunsmith. Based in France, the Wertheimer brothers own French vineyards including Château Rauzan-Ségla in Margaux and Château 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 and/or Wertheimer farm for racing in the United States and in France as Wertheimer et Frère partnership.[4]

Personal life

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Wertheimer is married to Valérie (née Picavet),[5] a former nurse;[6] they have two children,[7] Olivia Wertheimer and David Wertheimer[8] (m. 2016 to Togzhan Isbazarova).[9] He and his wife live in New York City and Switzerland. An avid golf player, he has however been caught cheating a few times on the course. [7] His wife is active in child protection charities.[5]

Gérard and his brother own vineyards in France and Napa Valley, California.[10]

The fortune of Gérard and Alain is managed by their family office, Mousse Partners.[11]

See also

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References

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  1. ^ a b Anderman, Nirit (Dec 14, 2017). "From Nazis to Churchill: The Stink Behind Chanel No. 5". Haaretz. Retrieved 2020-10-09.
  2. ^ "Bloomberg Billionaires Index: Gérard Wertheimer". Bloomberg. Retrieved 2022-10-05.
  3. ^ "The Richest People In The World".
  4. ^ Didier Grumbach Histoires de la mode 2008 - Page 368 "Certaines autres sont de nature plus personnelle. Alain et Gérard Wertheimer ont hérité de leur grand-père, Pierre, grand amateur du Douanier Rousseau, sa passion pour l'art contemporain. Les chevaux de course étaient le péché mignon ... "
  5. ^ a b Paris Match Numéros 2971 à 2979 2006 - Page 101 "Epouse du richissime Gérard Wertheimer, Valérie Wertheimer aurait pu se contenter d'une existence légère et dorée. Mais, il y a six ans. traumatisée par la découverte des réseaux pédophiles via Internet, cette « boule d'énergie » a aussitôt ..."
  6. ^ Thomas, Dana (February 24, 2002). "The Power Behind The Cologne". The New York Times Magazine .
  7. ^ a b "Gerard Wertheimer". Forbes. Retrieved 2020-10-09.
  8. ^ "How Chanel became British (Part 3 of 3): Chanel, British luxury's star player?". glitz.paris. September 15, 2022.
  9. ^ "Heir To Fashion House Of Chanel Married A Girl From Kazakhstan". Gazette Du Bon Ton. March 22, 2016.
  10. ^ "Gerard Wertheimer". Forbes. Retrieved 2020-10-26.
  11. ^ "How the Secretive Family Behind Chanel Is Reshaping a Big Investment Bet". Bloomberg.com. 2021-04-29. Retrieved 2023-09-03.
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