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Bilanz magazine has crowned Gerard Wertheimer as Switzerland’s richest resident thanks to the growing popularity of luxury labels post-pandemic, which pushed the Chanel heir’s wealth to an estimated US$47.6 billion.
The Wertheimer brothers inherited the French fashion house after it was passed down by their grandfather, an early business partner of Coco Chanel.
Chanel heir just became Switzerland's richest person
Gérard Wertheimer emerges as Switzerland's wealthiest amid a luxury surge, topping charts with a $48B fortune driven by Chanel and diverse investments in the post-pandemic era.
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