$90B. Owned Chanel since 1924. $19.4B revenue. Never give interviews.
The Wertheimer family has owned Chanel since Pierre Wertheimer partnered with Coco Chanel in 1924. His grandsons Alain and GΓ©rard now control 100% of the fashion house β which generated $19.4 billion in revenue in 2023. Chanel is the largest privately owned luxury brand on Earth. The Wertheimers are the most secretive family in luxury β they have never given an interview, never appeared on a red carpet, and are rarely photographed. Their combined wealth is estimated at $90 billion. They own the most valuable fashion brand in history and nobody can pick them out of a lineup.

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