Alain Wertheimer

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$40 billion by Bloomberg Billionaires Index, making him the 26th richest person in the world.

[6] The privately held company is run by Alain who has presided over the acquisition of several non-Chanel brands, including Eres Lingerie and beachwear, Tanner Krolle saddles and leather goods, and Holland & Holland, a British gunmaker.

[citation needed] Both brothers are enthusiastic equestrians who also inherited and operate an important Thoroughbred horse racing stable they call La Presle Farm or Wertheimer farm for racing in the United States and is known as Wertheimer et Frère partnership in France.