Alain Wertheimer Explained

Alain Wertheimer
Birth Name:Alain Ernest Wertheimer
Birth Date:28 September 1948
Birth Place:Paris, France
Occupation:Businessman
Known For:Co-owner and chairman of Chanel
Children:3
Parents:Jacques Wertheimer
Eliane Heilbronn (Fischer)
Spouse:Brigitte Laloum
Relations:Gérard Wertheimer (brother)
Charles Heilbronn (half-brother)
Pierre Wertheimer (grandfather)

Alain Ernest Wertheimer (born 28 September 1948) is a French billionaire businessman, based in New York City. He is the chairman and a controlling shareholder in Chanel, with his brother Gérard who chairs its watch division.[1] [2] As of October 2022, Wertheimer's net worth was estimated at US$40 billion by Bloomberg Billionaires Index, making him the 26th richest person in the world.[3]

Early life

Wertheimer was born on 28 September 1948,[4] to a Jewish family, the son of Jacques Wertheimer and Eliane Fischer. His grandfather, Pierre, co-founded Chanel with Coco Chanel.[5]

Career

Wertheimer is the co-owner and chairman of Chanel.[5]

The privately held company is run by Alain who has presided over the acquisition of several non-Chanel brands, including Eres Lingerie and beachwear, Tanner Krolle saddles and leather goods, and Holland & Holland, a British gunmaker.

Based in France, the Wertheimer brothers own French vineyards including Château Rauzan-Ségla in Margaux, and Château Canon in Saint-Émilion, 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 or Wertheimer farm for racing in the United States and is known as Wertheimer et Frère partnership in France.

Personal life

Wertheimer is married to Brigitte Laloum; they have three children,[5] Sarah Wertheimer (m. 2011 to Pedro Romero Gonzalez), Nathaniel Wertheimer (m. 2015 to Taya Alexandra Schmid), and Raphael Wertheimer.[6] He and his wife live in New York City.[5]

Alain and his brothers own vineyards in France and Napa Valley, California.[7]

The fortune of Alain and Gérard is managed by their family office, Mousse Partners.[8]

See also

Notes and References

  1. News: From Nazis to Churchill: The Stink Behind Chanel No. 5. Haaretz. Dec 14, 2017. Nirit. Anderman. 2020-10-09.
  2. Web site: Time is Money: The 26 Richest Swiss Watch Barons. Jay. Deshpande. 3 December 2014. WatchTime. 19 February 2019.
  3. Bloomberg Billionaires Index: Alain Wertheimer . . 2022-10-05.
  4. Web site: Alain Wertheimer. www.bloomberg.com. 15 January 2020.
  5. Alain Wertheimer . . 2020-10-09.
  6. Web site: SCI LA PIPARDIERE. websitepappers.fr. February 21, 2020. French.
  7. Web site: Gerard Wertheimer. 2020-10-26. Forbes. en.
  8. News: 2021-04-29 . How the Secretive Family Behind Chanel Is Reshaping a Big Investment Bet . en . Bloomberg.com . 2023-09-03.