By Meira Gebel
Michel Dufour/WireImage/Getty Images
The brothers have a combined net worth of $42 billion.
The Wertheimer family fortune dates back to 1920s Paris when Pierre Wertheimer funded designer Coco Chanel.
His grandsons, brothers Alain and Gerard Wertheimer, control Chanel today, which generated $9.6 billion in 2018.
They own 3 vineyards in France and one in Napa Valley. They also breed and race thoroughbreds, according to Forbes.
The brothers have a combined net worth of $42 billion.
Alain and Gerard Wertheimer, co-owners of luxury brand Chanel, are amongst the 10 richest people living in France. Their wealth, while largely inherited, has been grown through business deals and acquisitions spanning retail, wine, and horse racing.
The brothers are largely tight-lipped, hardly ever speaking to the press or giving interviews about their wealth, companies, family, relationships, or hobbies. They live lavish lifestyles in private, surrounding themselves with those similarly closemouthed, and are known as fashion's quietest billionaires.
With a combined net worth over $40 billion, the Wertheimer brothers are among the richest people in the world.
Originally Published: https://trib.al/8wAESdZ?fbclid=IwAR2bdp1SiBCFadxQ4cy_8J_uWyGRLgWdHHxoPFPI_RUyKnnV6EALFVYd7lE
Posted on 03/01/2023 at 10:00 AM