In this success post, we are going to share the story of Gerard Wertheimer, a French Entrepreneur best known to be the co-owner of House of Chanel, the leading luxury brand worldwide.
His grandfather, Pierre Wertheimer, had co-founded the company in the year 1909, which he, along with his brother Alain Wertheimer, inherited from his father in the year 1996.
While Alain is the Chairman of the company, Gerard lives in Switzerland and looks after the watch division of the business. In addition to being the co-owner of the business, Gerard is also involved in horse breeding and racing. And a number of charitable activities against child pornography.
Gerard Wertheimer Childhood
Born in a Jewish family, Gerard is the son of Eliane Fischer and Jacques Wertheimer. He lived a lavish life from an early age. But at the same time, he showed great entrepreneurship and leadership skills in childhood, and using those; he became one of the most notable billionaires of the country.
Gerard Wertheimer Career Highlights
Along with his brother Alain, he is the owner of a number of vineyards in France. Which includes the Rauzan-Segla of Margaux and Canon of Saint-Emilion. He is an enthusiastic equestrian too and inherited a thoroughbred horse racing stable in the US, called the La Presle Farm. The House of Chanel co-owned by Gerard is famous for No. 5 de Chanel Perfume, the Chanel Suit, and the ‘Little Black Dress.’
He has brought a revolution in the world of fashion, especially for the females. His No. 5 perfume has earned immense commercial, financial, and cultural success, which has made Chanel a known name among brand lovers. In addition to clothes and perfumes. And Chanel is also renowned for its line of makeup products, skincare products, watches, accessories, and fine jewellery.
Gerard Wertheimer Reputation
Born in a rich family, Gerard is known to lead a lavish and luxurious life. And is the owner of assets and properties worth millions. He talks to media openly and is involved in various other numbers of charitable activities too. But he inherited his father’s business and brought it to new heights of success with his great business and management skills.
Gerard Wertheimer Net Worth
Gerard’s net worth has been estimated to be around $11.7 billion, also inclusive of his businesses, investments, vineyards, horse breeds, etc.
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