Gérard Paul Philippe Wertheimer (born 17 April 1951) is a French

billionaire A billionaire is a person with a net worth of at least 1,000,000,000, one billion units of a given currency, usually of a major currency such as the United States dollar, euro, or pound sterling. It is a sub-category of the concept of the ultr ...

businessman based in New York City and

Geneva Geneva ( , ; ) ; ; . is the List of cities in Switzerland, second-most populous city in Switzerland and the most populous in French-speaking Romandy. Situated in the southwest of the country, where the Rhône exits Lake Geneva, it is the ca ...

, who owns

Chanel Chanel ( , ) is a French luxury fashion house founded in 1910 by Coco Chanel in Paris. It is privately owned by French brothers, Alain and Gérard Wertheimer, through the holding company Chanel Limited, established in 2018 and headquarte ...

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 features a profile of each billionaire, and includes a tool that allows users to compare the fortunes o ...

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

Forbes ''Forbes'' () is an American business magazine founded by B. C. Forbes in 1917. It has been owned by the Hong Kong–based investment group Integrated Whale Media Investments since 2014. Its chairman and editor-in-chief is Steve Forbes. The co ...

'', Wertheimer is the 38th richest individual in the world. As of 25 December 2024, his estimated net worth is US$41.4 billion.

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 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

with

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

. 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 Limited is a British gunmaker and luxury clothing retailer based in London, England, which sells handmade sporting rifles and shotguns. The company holds two Royal Warrant of Appointment (United Kingdom), royal warrants. His ...

, 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 in ...

s who also inherited and operate an important

thoroughbred The Thoroughbred is a list of horse breeds, horse breed developed for Thoroughbred racing, horse racing. Although the word ''thoroughbred'' is sometimes used to refer to any breed of purebred horse, it technically refers only to the Thorough ...

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 an ...

partnership.

Personal life

Wertheimer is married to Valérie (née Picavet),

Paris Match ''Paris Match'' () is a French-language weekly gossip magazine. It covers major national and international news along with celebrity lifestyle features. ''Paris Match'' has been considered "one of the world's best outlets for photojournalism". ...

Numéros 2971 à 2979 2006 - Page 101 "Epouse du richissime Gérard Wertheimer, Valérie Wertheimer aurait pu se contenter d'une existence légère et dorée. Mais, il y a six ans. traumatisée par la découverte des réseaux pédophiles via Internet, cette « boule d'énergie » a aussitôt ..." a former nurse; they have two children, Olivia Wertheimer and David Wertheimer (m. 2016 to Togzhan Isbazarova). He and his wife live in New York City and Switzerland. An avid golf player, he has however been caught cheating a few times on the course. His wife is active in child protection charities. Gérard and his brother own vineyards in France and

Napa Valley Napa Valley is an American Viticultural Area (AVA) in Napa County, California. The area was established by the Bureau of Alcohol, Tobacco, Firearms and Explosives (ATF) on February 27, 1981, after a 1978 petition submitted by the Napa Valley Vin ...

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

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 Gérard Wertheimer

Biography

Personal life

See also

References

External links