Last Updated: 25 Apr, 2024 | Views: 507
Age: 76
Profession: Business Men
Other Profession(s): Entrepreneur, Businessperson
Famous For: Co-owner and chairman of Chanel
Higher Education: Graduated
Net Worth: US $40 Billion Approx.
About (Profile/Biography):
Alain Wertheimer is a French billionaire and co-owner of Chanel, famed for its high-end fashion. Born on September 28, 1948, he is the chairman and controlling shareholder of Chanel, alongside his brother Gérard, who chairs its watch division. Bloomberg's Billionaires Index ranked Wertheimer the 26th richest person in the world as of October 2022. Despite his fame, Wertheimer has remained a private and reclusive individual, rarely giving interviews or making public appearances. Nevertheless, he turned Chanel into a global brand with his wise business practices.
Alain Wertheimer Career:
Co-Owner And Chairman Of Chanel: Alain Wertheimer
CEO Of Other Privately Held Companies: It includes Eres Lingerie and beachwear, Tanner Krolle saddles and leather goods, and Holland & Holland, a British gun manufacturer.
A French family-owned winery, the Alain Wertheimer brothers own Château Rauzan-Ségla in Margaux and Château Canon in Saint-Émilion, both of which have won high praise from wine connoisseurs.
The brothers are passionate equestrians who simultaneously operate and own an important Thoroughbred horse racing stable. La Presle Farm is known in the United States as Wertheimer Farm; Wertheimer et Frère Partnership is known in France.
Alain Wertheimer Controversies:
Tax Evasion Allegations: A tax evasion charge was brought against Alain Wertheimer and his brother Gerard in 2016. The Wertheimer brothers allegedly avoided paying taxes in France through an offshore scheme. Ultimately, there was not enough evidence to sustain the brothers' cases.
Dispute With Karl Lagerfeld's Heirs: Karl Lagerfeld's heirs and Alain Wertheimer contested ownership of Lagerfeld's eponymous brand after Lagerfeld's death in 2019. Lagerfeld's heirs claimed a share of the brand's profits, while Wertheimer claimed ownership outright. Henceforth, a settlement was reached outside of court.
Alain Wertheimer Unknown Facts:
Alain Wertheimer avoids the limelight because of his reclusive nature. Interviews or public appearances are rare for him, preferring to maintain a low profile.
Alain Wertheimer, an avid horse racing enthusiast, has a stable in Chantilly, France. Several of his horses have won prestigious races, such as the 2009 Prix de l'Arc de Triomphe.
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