Gerard Wertheimer
Co-Owner of Chanel
Personal Stats
Name | Gerard Wertheimer |
---|---|
Role | Entrepreneur |
Industry | Fashion |
Net Worth | $38.1 Billion |
Related People
Table of Contents
- About Gerard Wertheimer
- Businesses Owned
- Early Life
- Family
About Gerard Wertheimer
Born in 1951 in Paris, France, Gérard comes from a family with a rich heritage in the fashion and luxury goods industry. His grandfather, Pierre Wertheimer, co-founded Chanel with Coco Chanel in 1910, establishing a legacy that has made Chanel a globally recognized brand. Gérard and his brother Alain took over the family business in 1996, overseeing its expansion and maintaining its status as a symbol of elegance and sophistication. In addition to his role at Chanel, Gérard Wertheimer is also involved in the family's diverse portfolio of investments, which includes vineyards in France and California, thoroughbred horse racing, and various other luxury enterprises. Known for his discretion and low public profile, Gérard Wertheimer's influence is profoundly felt in the world of high fashion and beyond.
Businesses Owned
Chanel
Wertheimer et Frère
Château Rauzan-Ségla
Château Canon
Château Canon La Gaffelière
Bell & Ross
Holland & Holland
Early Life
Wertheimer started very humble and grew into what he is known for today.
- Born into a Jewish family, son of Jacques Wertheimer and Eliane Fischer.
- Grandfather Pierre Wertheimer co-founded Chanel with Coco Chanel.
- Chanel is currently overseen by Gérard's brother, Alain Wertheimer.
- Alain has expanded Chanel's portfolio to include Eres Lingerie, Tanner Krolle saddles and leather goods, and Holland & Holland.
- Based in France, the Wertheimer brothers also own vineyards including Château Rauzan-Ségla in Margaux and Château Canon in Saint-Emilion.
- Passionate about equestrian pursuits.
- Inherited and managed La Presle Farm (Wertheimer et Frère) for thoroughbred horse racing in the US and France.
Family
Wertheimer remains private about his family life.
- Married to Valérie (née Picavet), a former nurse.
- Children: Olivia Wertheimer and David Wertheimer (married to Togzhan Isbazarova in 2016).
- Family divides time between New York City and Switzerland.
- Known for his passion for golf, though he has faced scrutiny for incidents of cheating on the course.
- Valérie actively supports child protection charities.
- Gérard and his brother, Alain, own vineyards in France and Napa Valley, California.
- Their combined wealth is managed by their family office, Mousse Partners.
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