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Gérard Paul Philippe Wertheimer, a French billionaire with an estimated net worth of $40 billion as of October 2022, ranks as the 27th wealthiest globally. Co-owner of the luxury brand Chanel along with his brother Alain, Gérard was born into the influential Jewish family that partnered with fashion icon Coco Chanel. Their business extends to revered French vineyards and a prominent horse racing enterprise. With New York City and Switzerland homes, and involvement in child protection charities through his wife Valérie, the Wertheimers maintain a notable legacy in finance and philanthropy.
January 09, 1951
75 years
Chanel
Fashion & Retail
France
New York, New York
Gérard Paul Philippe Wertheimer was born on 17 April 1951 to a Jewish family in New York City. His father, Jacques Wertheimer, was a successful businessman, and his mother, Eliane Fischer, was a homemaker. Gérard has one brother, Alain Wertheimer, who is also a successful businessman and co-owner of Chanel.
Gerard Wertheimer: Family
Gérard Wertheimer's grandfather, Pierre Wertheimer, was a French businessman who co-founded Chanel with Coco Chanel in 1910. Pierre Wertheimer was a close friend of Coco Chanel and helped her to build the Chanel brand into one of the most successful fashion houses in the world. Gérard Wertheimer and his brother Alain inherited the Chanel brand from their father, Jacques Wertheimer, in 1996.
Gerard Wertheimer: Career Highlights
Gérard Wertheimer has been involved in the fashion industry for over 40 years. He has held various positions at Chanel, including President and CEO. Under his leadership, Chanel has continued to grow and prosper. Gérard Wertheimer is also a successful businessman in other industries. He owns several French vineyards, including Château Rauzan-Ségla and Château Canon. He is also an enthusiastic equestrian and owns La Presle Farm/Wertheimer farm for thoroughbred horse racing in the US and France.
Gerard Wertheimer: Companies
Gérard Wertheimer is the co-owner of Chanel, one of the most successful fashion houses in the world. He also owns several French vineyards, including Château Rauzan-Ségla and Château Canon. Additionally, he owns La Presle Farm/Wertheimer farm for thoroughbred horse racing in the US and France.
Gerard Wertheimer: Major Achievements
Gérard Wertheimer has achieved great success in the fashion industry. He has helped to grow Chanel into one of the most successful fashion houses in the world. He is also a successful businessman in other industries, including wine and horse racing.
Gerard Wertheimer: Awards & Achievements
Gérard Wertheimer has received numerous awards and accolades for his contributions to the fashion industry. He was awarded the Legion of Honour, France's highest decoration, in 2011.
He was also named one of the "50 Most Powerful People in Fashion" by The Hollywood Reporter in 2017.
Gerard Wertheimer: Personal Life & Legacy
Gérard Wertheimer is married to Valérie (née Picavet), a former nurse. They have two children: Olivia Wertheimer and David Wertheimer. Gérard Wertheimer resides in New York City and Switzerland. His wife is active in child protection charities. He also owns vineyards in France and Napa Valley, California, with his brother. The Wertheimer family fortune is managed by their family office, Mousse Partners.
Gerard Wertheimer: Trivia
Gérard Wertheimer is a very private person and rarely gives interviews. He is also a very successful businessman and has a net worth estimated at US$40 billion (October 2022), making him the 27th richest person in the world.
Gérard Paul Philippe Wertheimer is born to a Jewish family in France.
Gérard Wertheimer's grandfather, Pierre Wertheimer, co-founds Chanel with Coco Chanel.
Gérard Wertheimer's brother, Alain Wertheimer, presides over Chanel and acquires several non-Chanel brands.
Gérard Wertheimer and his brother inherit and operate La Presle Farm/Wertheimer farm for thoroughbred horse racing in the US and France.
Gérard Wertheimer marries Valérie (née Picavet), a former nurse.
Gérard Wertheimer and Valérie have two children: Olivia Wertheimer and David Wertheimer.
David Wertheimer marries Togzhan Isbazarova.
Gérard Wertheimer resides in New York City and Switzerland.
Gérard Wertheimer's wife, Valérie, is active in child protection charities.
Gérard Wertheimer and his brother own vineyards in France and Napa Valley, California.
The Wertheimer family fortune is managed by their family office, Mousse Partners.
Gérard Wertheimer's net worth is estimated at US$40 billion, making him the 27th richest person in the world.
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