Gérard Paul Philippe Wertheimer (born 17 April 1951) is a French
billionaire
A billionaire is a person with a net worth of at least one billion (1,000,000,000, i.e., a thousand million) units of a given currency, usually of a major currency such as the United States dollar, euro, or pound sterling. The American busin ...
businessman based in New York City and Geneva, who owns
Chanel
Chanel ( , ) is a French high-end luxury fashion house founded in 1910 by Coco Chanel in Paris. Chanel specializes in women's ready-to-wear, luxury goods, and accessories and licenses its name and branding to Luxottica for eyewear. Chanel is ...
in partnership with his brother, Alain. 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.
Biography
Wertheimer was born to a Jewish family, the son of Jacques Wertheimer 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
Chanel ( , ) is a French high-end luxury fashion house founded in 1910 by Coco Chanel in Paris. Chanel specializes in women's ready-to-wear, luxury goods, and accessories and licenses its name and branding to Luxottica for eyewear. Chanel is ...
with Coco Chanel. The company is run by Alain Wertheimer who has presided over the acquisition of several non-Chanel brands, including
Eres Lingerie
Eres (English: "You Are") may refer to:
* "Eres" (Alejandro Fernández song), 2008
* "Eres" (Café Tacuba song), 2003
* "Eres", a song by Anahí from her album ''Inesperado'', 2016
* "Eres", a song by José María Napoleón, 1975, later covered ...
,
Tanner Krolle
Tanner Krolle is a manufacturer of leather goods based in London.
History
In 1856, Frederick Franz Krolle founded the company.
In the early 1920s business slowed. At around this time Frank Squires, a salesman, introduced Albert Krolle to Fra ...
saddles and leather goods, and Holland & Holland, a British gunsmith. Based in France, the Wertheimer brothers own French vineyards including Château Rauzan-Ségla in
Margaux
Margaux (; oc-gsc, Margaus) is a former commune in the Gironde department in Nouvelle-Aquitaine in southwestern France. On 1 January 2017, it was merged into the new commune Margaux-Cantenac.Château Canon in Saint-Emilion, both of which have won rave reviews from oenophiles. Both brothers are enthusiastic equestrians who also inherited and operate an important thoroughbred horse racing stable they call
La Presle Farm
LA most frequently refers to Los Angeles, the second largest city in the United States.
La, LA, or L.A. may also refer to:
Arts and entertainment Music
* La (musical note), or A, the sixth note
* "L.A.", a song by Elliott Smith on ''Figure ...
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
Horse racing is an equestrian performance sport, typically involving two or more horses ridden by jockeys (or sometimes driven without riders) over a set distance for competition. It is ...
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, California.