Gérard Paul Philippe Wertheimer (born 17 April 1951) is a French billionaire businessman based in New York City and

Geneva , neighboring_municipalities= Carouge, Chêne-Bougeries, Cologny, Lancy, Grand-Saconnex, Pregny-Chambésy, Vernier, Veyrier , website = https://www.geneve.ch/ Geneva ( ; french: Genève ) frp, Genèva ; german: link=no, Genf ; it, Ginevr ...

, who owns Chanel in partnership with his brother, Alain. As of October 2022, Wertheimer's net worth was estimated at US$40 billion by ''

Bloomberg Billionaires Index The ''Bloomberg Billionaires Index'', launched in March 2012, is a daily ranking of the world's 500 richest people based on their net worth. It draws information from "action in the stock market, economic indicators and news reports", features a p ...

'', making him the 27th richest person in the world.

Biography

Wertheimer was born to a Jewish family, the son of

Jacques Wertheimer Jacques Guy Wertheimer (18 August 1911 – 6 February 1996) was a prominent French businessman who inherited and ran the renowned House of Chanel perfume company. Wertheimer was born at the Les Forgettes villa in Deauville, to a Jewish family,

and Eliane Fischer. His grandfather,

Pierre Pierre is a masculine given name. It is a French form of the name Peter. Pierre originally meant "rock" or "stone" in French (derived from the Greek word πέτρος (''petros'') meaning "stone, rock", via Latin "petra"). It is a translation ...

, co-founded Chanel with

Coco Chanel Gabrielle Bonheur "Coco" Chanel ( , ; 19 August 1883 – 10 January 1971) was a French fashion designer and businesswoman. The founder and namesake of the Chanel brand, she was credited in the post-World War I era with popularizing a sporty, c ...

. 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 Holland & Holland is a British gunmaker and clothing retailer based in London, England, which offers handmade sporting rifles and shotguns. The company holds two royal warrants. History Holland & Holland was founded by Harris Holland (1806 ...

, 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

equestrian The word equestrian is a reference to equestrianism, or horseback riding, derived from Latin ' and ', "horse". Horseback riding (or Riding in British English) Examples of this are: * Equestrian sports *Equestrian order, one of the upper classes i ...

s who also inherited and operate an important

thoroughbred The Thoroughbred is a horse breed best known for its use in horse racing. Although the word ''thoroughbred'' is sometimes used to refer to any breed of purebred horse, it technically refers only to the Thoroughbred breed. Thoroughbreds are ...

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 Wertheimer et Frère is a Thoroughbred horse racing and breeding business partnership between brothers Alain and Gérard Wertheimer of France. The Wertheimer brothers are the owners of the House of Chanel in Paris. They inherited that company a ...

partnership. Gérard's wife Valérie is active in child protection charities.

Personal life

Wertheimer is married, with two children, and lives in New York City and Switzerland. He has had two daughters with his second wife named Paloma and Olivia Gérard and his brother own vineyards in France and

Napa Valley Napa Valley is an American Viticultural Area (AVA) located in Napa County in California's Wine Country. It was established by the Bureau of Alcohol, Tobacco and Firearms (ATF) on January 27, 1981. Napa Valley is considered one of the premier ...

, California.

References

External links

Times on line

{{DEFAULTSORT:Wertheimer, Gerard French businesspeople in fashion 1950 births Living people Chanel people French billionaires French racehorse owners and breeders 20th-century French Jews 20th-century French businesspeople 21st-century French businesspeople Wertheimer family

Biography

Personal life

See also

References

External links