Lagerfeld went on to revolutionize Chanel for over three decades, saving it from a potential financial collapse. Lagerfeld was a key element in Chanel's success until his passing in February Lagerfeld's passing sent waves of sadness through the fashion industry.
A tribute was held in Paris in June to remember the fashion icon. If the Wertheimer brothers attend a Chanel fashion show, they drive themselves, and then sit in the third or fourth row. However, the two never attend the opening of Chanel stores, nor do they publicly comment on the business.
Before , Chanel never announced sales numbers, leaving the industry to merely guess its worth. As both Alain and Gerard near their 70s, it still remains unknown who will succeed them in the Chanel business. Grandfather Pierre Wertheimer had a love for racehorses and for breeding thoroughbreds. The family's first racing winner was in — Pierre's first champion, Epinard, in the early s. But Pierre's greatest victory was in , when Lavandin won the Epsom Derby.
Just like their grandfather, Alain and Gerard have both taken an interest in horse racing. And like Chanel, the two brothers inherited Wertheimer et Frere, the family's horse racing and breeding business. Gerard is the one who oversees the family's horse stock. In , the latest estimation was that the family owned close to horses across four of its ranches in Chantilly, California, Kentucky, and Normandy. Queen Elizabeth II presented the trophy to both Alain and Gerard Wertheimer after the race that bears her name in In , the brothers bought Bordeaux winery Chateau Rauzan-Segla.
In , Chanel bought the St. Supery winery is about an hour and a half from Sacramento, California by car. The purchase of the the St. Supery winery cemented the brothers' vintner status in the wine industry. Also in , the brothers finished the renovation of Chateau Canon. Chateau Canon is located in France and is about an hour away from Barcelona by plane. Chateau Canon has six bedrooms, but is not a hotel: Guests can only stay if they're invited.
He shares his Fifth Avenue apartment with his wife Brigitte and three children. Alain and his brother spend some of their time in New York despite the fact that the family owned, as of , more than eight homes across the world. However, he has been described as not taking part in any social activities or being seen in restaurants in the area.
It has also been reported that the Wertheimer family enjoys shooting game at their chateau in Loire Valley, France. The family also spends a lot of their time at their chalet in the Swiss Alps, skiing. The Wertheimers also collect a lot of important art, which decorates many of their homes. Not even a beautiful one. She snored. So I was to revive a dead woman. To date, they have divided the responsibilities. Other than that, the brothers remain quite the mystery.
The people pictured are not associated with The Archive or The Vintage Bar, and do not endorse the products shown. Here is what is known. Chanel No. And, apparently, it is they who have taken the best decision yet: hiring the best designer of the time, the late Karl Lagerfeld. While preserving the legacy of Coco Chanel, he introduced his particular avant-garde touch, knowing how to set the tone for international fashion right up to his last days. Another strategic point for the Wertheimers: Karl's comments were often controversial, all the more useful for keeping a low profile in the shadow of his brilliant and extremely mediatised character.
While it is no secret that one of the brothers lives in Switzerland and the other in the United States, their appearance in public is always extremely rare and well away from the spotlight.
An attitude that is also encountered in the largest fortunes of luxury and fashion - for example, Hermes or Inditex. The multimillionaire, however, did recently attend the wedding of his daughter Marta Ortega, appearing relaxed in front of the press.
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