Gerard Wertheimer (b.c.1950) is a French businessman based in France who owns and controls the House of Chanel perfume company in partnership with his brother, Alain.
The privately held House of Chanel 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.
Based in France, the Wertheimer brothers own French vineyards like Rauzan-Segla in Margaux and Chateau 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 and/or Wertheimer farm for racing in the United States and in France as Wertheimer et Frère partnership.
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Net Worth:$8.0 bil Fortune:inherited Source:Chanel Age:NA Country Of Citizenship:France Residence: Industry:Apparel Education:NA, Marital Status:NA,
Extremely discreet, press-shy brothers control luxury brand Chanel. Company was cofounded by their grandfather Pierre Wertheimer, who eventually bought out his early partner Gabrielle (Coco) Chanel, who also was designer of the famous little black dress. U.S. resident Alain is chairman of the company, whose Chanel No. 5 perfume is one of world's top-selling scents. Brother Gerard lives in Switzerland and chairs Chanel's watch division; his wife, Valerie, is president of Action Innocence, a group that combats child pornography on the Web. Brothers own French vineyards Rauzan-Segla in Margaux and Chateau Canon in Saint-Emilion; also Thoroughbreds, including horses that have won such races as the French Derby and the Breeders' Cup Turf in the U.S.