| Alain Wertheimer |
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The privately held House of Chanel is jointly owned by the Wertheimer brothers--grandsons of Chanel founder Pierre Wertheimer. But it's Alain Wertheimer who runs the company and has presided over the acquisition of several non-Chanel brands, including Eres lingerie, Tanner Krolle saddles and leather goods, and Holland & Holland, a British gunsmith. Extremely secretive, the brothers are said to reside in both Switzerland and France. Alain's the one who runs Chanel, which analysts say is growing its revenues even during the downturn. Both brothers are enthusiastic equestrians. The brothers Wertheimer own French vineyards like Rauzan-Segla in Margaux and Chateau Canon in Saint-Emilion, both of which have won rave reviews from oenophiles. The wertheimer brother also own a horseracing team. |
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