Alain Ernest Wertheimer (born 28 September 1948) is a French billionaire businessman, based in New York City. He is the chairman and a controlling shareholder in Chanel, with his brother Gérard who chairs its watch division.[1][2] As of October 2022, Wertheimer's net worth was estimated at US$40 billion by Bloomberg Billionaires Index, making him the 26th richest person in the world.[3]

Alain Wertheimer
Born
Alain Ernest Wertheimer

(1948-09-28) 28 September 1948 (age 76)
Paris, France
OccupationBusinessman
Known forCo-owner and chairman of Chanel
SpouseBrigitte Laloum
Children3
Parent(s)Jacques Wertheimer
Eliane Heilbronn (Fischer)
RelativesGérard Wertheimer (brother)
Charles Heilbronn (half-brother)
Pierre Wertheimer (grandfather)

As per Forbes list of The Richest People In The World, dated 8 MARCH 2024, Alain Wertheimer is ranked #40 with a net worth of $36.8 Billion.[4]

Early life

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Wertheimer was born on 28 September 1948,[5] to a Jewish family,[1] the son of Jacques Wertheimer and Eliane Fischer. His grandfather, Pierre, co-founded Chanel with Coco Chanel.[6]

Career

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Wertheimer is the co-owner and chairman of Chanel.[6]

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 gunmaker.[citation needed]

Based in France, the Wertheimer brothers own French vineyards including Château Rauzan-Ségla in Margaux, and Château Canon in Saint-Émilion, both of which have won rave reviews from oenophiles. [citation needed]

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 Frère partnership in France.[citation needed]

Personal life

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Wertheimer is married to Brigitte Laloum; they have three children,[6] Sarah Wertheimer (m. 2011 to Pedro Romero Gonzalez), Nathaniel Wertheimer (m. 2015 to Taya Alexandra Schmid), and Raphael Wertheimer.[7] He and his wife live in New York City.[6]

Alain and his brothers own vineyards in France and Napa Valley, California.[8]

The fortune of Alain and Gérard is managed by their family office, Mousse Partners.[9]

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. ^ Deshpande, Jay (3 December 2014). "Time is Money: The 26 Richest Swiss Watch Barons". WatchTime. Retrieved 19 February 2019.
  3. ^ "Bloomberg Billionaires Index: Alain Wertheimer". Bloomberg. Retrieved 2022-10-05.
  4. ^ "The Richest People In The World".
  5. ^ "Alain Wertheimer". www.bloomberg.com. Retrieved 15 January 2020.
  6. ^ a b c d "Alain Wertheimer". Forbes. Retrieved 2020-10-09.
  7. ^ "SCI LA PIPARDIERE" (PDF). websitepappers.fr (in French). February 21, 2020.
  8. ^ "Gerard Wertheimer". Forbes. Retrieved 2020-10-26.
  9. ^ "How the Secretive Family Behind Chanel Is Reshaping a Big Investment Bet". Bloomberg.com. 2021-04-29. Retrieved 2023-09-03.