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In 1974, the rest of the family decided to sideline the executive, whose behavior had become increasingly erratic, putting Alain Wertheimer in charge at the age of just 25. Alain and Gérard Wertheimer, 75 and 73, never sit in the front row at the haute couture shows of Chanel, the luxury fashion house 100% owned by them, preferring instead to .
Alain Ernest Wertheimer (born 28 September 1948) is a French billionaire businessman, based in New York City. He is the chairman and a controlling shareholder in Chanel, with his brother Gérard who chairs its watch division. As of October 2022, Wertheimer's net worth was estimated at US billion by Bloomberg Billionaires Index, making him the 26th richest person in the world. As per Forbes list of The Richest People In The World, dated 8 MARCH 2024, Alain Wertheime. Though they were only 25 and 23 years old, his sons Alain and Gérard convinced the board to let them take over Chanel in 1974. Together, they revived the failing fashion .When Jacques Wertheimer passed away in 1996, Alain and Gérard officially inherited Chanel, becoming two of the wealthiest individuals in France. They are currently estimated to have a . To no one's surprise, the business stagnated. Finally, in 1974, Alain Wertheimer, 25 at the time, asked the elderly trustees overseeing the family's holdings for permission to run .
wertheimers and chanel's sons
Alain Wertheimer became Chanel’s chairman in 1974 and in 1979, Wertheimer brought in Kitty D’Alessio, a senior Vice President and Board Member at the advertising firm . Since then, Chanel has been handed down from Wertheimer father to son and, since 1974, has been managed by Gerard and Alain, the grandsons of Pierre and sons of . While Alain, 65, who lives in New York, has been credited with resurrecting the brand when he took over operational control from his father in 1974.
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Alain Wertheimer, son of Jacques Wertheimer, assumed control of Chanel S.A. in 1974. In the U.S., No. 5 de Chanel was not selling well. Alain revamped Chanel No.5 sales by . In 1974, the rest of the family decided to sideline the executive, whose behavior had become increasingly erratic, putting Alain Wertheimer in charge at the age of just 25. Alain and Gérard Wertheimer, 75 and 73, never sit in the front row at the haute couture shows of Chanel, the luxury fashion house 100% owned by them, preferring instead to remain a few meters.Alain Ernest Wertheimer (born 28 September 1948) is a French billionaire businessman, based in New York City. He is the chairman and a controlling shareholder in Chanel, with his brother Gérard who chairs its watch division. [1] [2] As of October 2022, Wertheimer's net worth was estimated at US billion by Bloomberg Billionaires Index, making him the 26th richest .
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Though they were only 25 and 23 years old, his sons Alain and Gérard convinced the board to let them take over Chanel in 1974. Together, they revived the failing fashion house – most notably, by hiring Karl Lagerfeld.When Jacques Wertheimer passed away in 1996, Alain and Gérard officially inherited Chanel, becoming two of the wealthiest individuals in France. They are currently estimated to have a fortune of €115 billion, ranking third in the latest Challenges magazine listing. To no one's surprise, the business stagnated. Finally, in 1974, Alain Wertheimer, 25 at the time, asked the elderly trustees overseeing the family's holdings for permission to run the.
Alain Wertheimer became Chanel’s chairman in 1974 and in 1979, Wertheimer brought in Kitty D’Alessio, a senior Vice President and Board Member at the advertising firm N.C.& K to take charge of the Chanel operation in the United States. 1 In 1981, D’Alessio made a pivotal decision to hire Karl Lagerfeld as the Creative Director of Chanel . Since then, Chanel has been handed down from Wertheimer father to son and, since 1974, has been managed by Gerard and Alain, the grandsons of Pierre and sons of Jacques. And, apparently, it is they who have taken the best decision yet: hiring the best designer of the time, the late Karl Lagerfeld.
While Alain, 65, who lives in New York, has been credited with resurrecting the brand when he took over operational control from his father in 1974. Alain Wertheimer, son of Jacques Wertheimer, assumed control of Chanel S.A. in 1974. In the U.S., No. 5 de Chanel was not selling well. Alain revamped Chanel No.5 sales by reducing the number of outlets carrying the fragrance from 18,000 to 12,000. He removed the perfume from drugstore shelves, and invested millions of dollars in advertisement .
In 1974, the rest of the family decided to sideline the executive, whose behavior had become increasingly erratic, putting Alain Wertheimer in charge at the age of just 25.
Alain and Gérard Wertheimer, 75 and 73, never sit in the front row at the haute couture shows of Chanel, the luxury fashion house 100% owned by them, preferring instead to remain a few meters.
Alain Ernest Wertheimer (born 28 September 1948) is a French billionaire businessman, based in New York City. He is the chairman and a controlling shareholder in Chanel, with his brother Gérard who chairs its watch division. [1] [2] As of October 2022, Wertheimer's net worth was estimated at US billion by Bloomberg Billionaires Index, making him the 26th richest .
Though they were only 25 and 23 years old, his sons Alain and Gérard convinced the board to let them take over Chanel in 1974. Together, they revived the failing fashion house – most notably, by hiring Karl Lagerfeld.When Jacques Wertheimer passed away in 1996, Alain and Gérard officially inherited Chanel, becoming two of the wealthiest individuals in France. They are currently estimated to have a fortune of €115 billion, ranking third in the latest Challenges magazine listing. To no one's surprise, the business stagnated. Finally, in 1974, Alain Wertheimer, 25 at the time, asked the elderly trustees overseeing the family's holdings for permission to run the. Alain Wertheimer became Chanel’s chairman in 1974 and in 1979, Wertheimer brought in Kitty D’Alessio, a senior Vice President and Board Member at the advertising firm N.C.& K to take charge of the Chanel operation in the United States. 1 In 1981, D’Alessio made a pivotal decision to hire Karl Lagerfeld as the Creative Director of Chanel .
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Since then, Chanel has been handed down from Wertheimer father to son and, since 1974, has been managed by Gerard and Alain, the grandsons of Pierre and sons of Jacques. And, apparently, it is they who have taken the best decision yet: hiring the best designer of the time, the late Karl Lagerfeld. While Alain, 65, who lives in New York, has been credited with resurrecting the brand when he took over operational control from his father in 1974.
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