Alain Wertheimer

Alain Wertheimer is a millionaire businessman who co-owns a well-known high-fashion brand, accessories, ready-made garments, jewelry, and Chanel perfume with his brother, Gerard Wertheimer. is globally well-known. Alain Wertheimer has presided over the purchase of various non-Chanel companies, including Eres Lingerie and Beachwear, Tanner Kroll saddles and leather products, and Holland & Holland, a British gunsmith who manages and operates a privately owned corporation. The Wertheimer brothers are based in France and own vineyards in France, notably Château Rauzan-Ségla in Margaux and Chateau Canon in Saint-Emilion, both of which have gained critical acclaim.

After their father, Jacques Wertheimer, died in 1974, Alain and Gerard Wertheimer became co-owners of the Chanel brand. Alain Wertheimer is the President of Chanel, and Gerard is in charge of the watch section. At the time, Chanel was a failing and tired brand, with just the perfume brand remaining, which was offered in drugstores and an official store. Alain came in right away to restore the high-end fashion brand, extend some ready-to-wear divisions, and re-establish market dominance in order to promote the brand as a luxury perfume industry leader. Alain is a "marketing genius" who understands how to best utilize and exploit Lagerfeld's designs in order to produce high-fashion pictures, ensuring Chanel's notoriety. The elite, as well as the general public, want and desire to have. The Chanel brand has put him on the list of the richest people in Europe, and his presence on this list is not wrong.

Net worth: $31 billion

Country: France