Gérard Wertheimer
Gérard Wertheimer | |
|---|---|
| Born | April 17, 1951 France |
| Occupation(s) | Entrepreneur, Businessman |
| Known for | Co-owner of Chanel |
| Notable work | Co-owner of vineyards Château Rauzan-Ségla and Château Canon; Owner of La Presle Farm (thoroughbred racing) |
Gérard Paul Philippe Wertheimer (born 17 April 1951) is a French billionaire entrepreneur with residences in New York City and Geneva. Alongside his brother, Alain, he co-owns the luxury brand Chanel. As of October 2022, Bloomberg Billionaires Index valued his net worth at around US$40 billion, ranking him as the 27th wealthiest individual worldwide. By December 2024, Forbes estimated his fortune at approximately US$41.4 billion, positioning him 38th on the global rich list.
Biography
Gérard was born to Jewish parents Jacques Wertheimer and Eliane Fischer, and is the grandson of Pierre Wertheimer, who co-founded Chanel with Coco Chanel. Under the stewardship of Alain, the company broadened its portfolio by acquiring notable brands such as Eres Lingerie, Tanner Krolle, and the British firearms manufacturer Holland & Holland. The Wertheimer siblings also possess distinguished French vineyards, including Château Rauzan-Ségla located in Margaux and Château Canon situated in Saint-Émilion, both recognized for their excellence.
Passionate about equestrian pursuits, Gérard and Alain inherited and currently manage a prominent thoroughbred racing operation known as La Presle Farm or Wertheimer farm, with facilities in both the United States and France. This enterprise is operated through their partnership, Wertheimer et Frère.
Personal life
Gérard is married to Valérie (née Picavet), who previously worked as a nurse. The couple has two children: Olivia and David Wertheimer, with David having married Togzhan Isbazarova in 2016. The family splits their time between New York City and Switzerland. Valérie is engaged in philanthropic efforts focused on child welfare. Gérard enjoys playing golf; however, his reputation has been affected by allegations of cheating during play.
The brothers own vineyards not only in France but also in California’s Napa Valley. Their extensive family assets are overseen through their family office, Mousse Partners.
See also
External links
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- French businesspeople in fashion
- 1950 births
- Living people
- Chanel people
- French billionaires
- French racehorse owners and breeders
- 20th-century French Jews
- 20th-century French businesspeople
- 21st-century French businesspeople
- Wertheimer family