Gerard Wertheimer Net Worth $1.14 Billion
Gerard Wertheimer is a French businessman who possesses and controls the House of Chanel along together with his brother, Alain, and he has an estimated net worth of $11.4 billion as of February 2015,according to Bloomberg’s list of billionaires. House of Chanel S.A. is a French privately held company founded by their grandfather Pierre Wertheimer, an early business partner of Gabrielle Bonheur Chanel.Gerard and his wife Valerie are both active in child pornography charities. Valerie is the president of Actions Innocence, a group that fights against online pornography. It’s revolutionized trend specifically for the girl figures. Its perfume No. 5 de Chanel has earned great fiscal, commercial, and cultural successes which increased the public acknowledgement of the House of Chanel. Aside from clothing and perfume, the business also has a line of accessories, makeup and skincare, fine jewelry, and watches. Aside from Chanel, Gerard Wertheimer also co-owns with his brother two French vineyards, one in Margaux called Rauzan Segla as well as the other is Chateau Canon in Saint-Emilion. Both vineyards have won rave reviews from oenophiles. In addition, they are enthusiasts of equestrian who both inherited and operated an important thoroughbred horse racing stable called La Presle Farm and/or the Wertheimer farm for racing in the United States and France as the Wertheimer et Freres partnership. Their horses have won races including the French Derby as well as the Breeder’s Cup Turf in the U.S.