Chanel is owned by Alain and Gerard Wertheimer, whose fortunes are estimated at about $46 billion each, according to the Bloomberg Billionaires Index.

Eliane Heilbronn, the mother of Chanel co-owners Alain and Gérard Wertheimer, passed away at the age of 99. Her influence extended far beyond her role as a mother, shaping the very fabric of the ...

A 4-year-old Kentucky-bred filly by Uncle Mo out of the Tapit mare Amertume, Toupie is a homebred for Alain and Gérard Wertheimer. Sandwiched between her two stakes wins at Santa Anita was a ...

Serge Carreira, a fashion expert at Sciences Po university in Paris, said Chanel's discreet family owners, Alain and Gerard Wertheimer, were looking for a loyal figure as only the fourth creative ...