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