Meet the Wertheimers, the secretive French brothers worth $42 billion who control Chanel, own vineyards in France and Napa Valley, and breed racehorses

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The brothers known as 'fashion's quietest billionaires' have a combined net worth of $42 billion

\n\nThe Wertheimer family fortune dates back to 1920s Paris when Pierre Wertheimer funded designer Coco Chanel.\nHis grandsons, brothers Alain and Gerard Wertheimer, control Chanel today, which generated $9.6 billion in 2018.\nThey own 3 vineyards in France and one in Napa Valley. They also breed and race thoroughbreds, according to Forbes.\nThe brothers have a combined net worth of $42 billion.

Their wealth, while largely inherited, has been grown through business deals and acquisitions spanning retail, wine, and horse racing. \nThe brothers are largely tight-lipped, hardly ever speaking to the press or giving interviews about their wealth, companies, family, relationships, or hobbies. They live lavish lifestyles in private, surrounding themselves with those similarly closemouthed, and are known as fashion\u0027s quietest billionaires.

 

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