Chanel Family Fortune Increased to More than $100 Billion with Luxury Group Chanel Paying $12.4 Billion Dividends in the Last 3 Years to Chanel Family, Mousse Partners is Family Office of Alain Wertheimer & Gerard Wertheimer Who are the Grandchildren of Co-founder of Chanel Pierre Wertheimer
7th June 2024 | Hong Kong
Chanel family fortune has increased to more than $100 billion, with luxury group Chanel paying $12.4 billion dividends ($5.4 billion in 2023) in the last 3 years to the Chanel family. Mousse Partners is the family office of Alain Wertheimer & Gerard Wertheimer, who are the grandchildren of co-founder (Pierre Wertheimer) of Chanel perfume business (Parfums Chanel company) in 1924 with Coco Chanel (Founded 1910). Alain Wertheimer & Gerard Wertheimer are the 3rd generation owners of Chanel, inheriting from their father Jacques Wertheimer. Mousse Partners is managed by Charles Heilbronn (Chairman), half-brother of Alain Wertheimer & Gerard Wertheimer (whose mother is Eliane Fischer, ex-wife of Jacques Wertheimer). Mousse Investments founded in 1979, (formerly known as Litor Limited) is the main holding company for Alain Wertheimer & Gerard Wertheimer family & Chanel. In 2023, Gerard Wertheimer became Switzerland richest resident with $47 billion fortune (Bilanz magazine). Mousse Partners is the investment division of Mousse Investments Limited, formerly known as Litor Limited. Mousse Partners manages its global, diversified portfolio across a broad range of asset classes in public and private markets with a long-term investment horizon. Mousse Partners values deep and long-standing relationships, partnering with select external investment managers as well as investing directly alongside high quality management teams, entrepreneurs, and other institutional investors. Mousse Partners was founded in 1991 by Charles Heilbronn (half-brother to owners), Alain Wertheimer and Gérard Wertheimer.
“ Chanel Family Fortune Increased to More than $100 Billion with Luxury Group Chanel Paying $12.4 Billion Dividends in the Last 3 Years to Chanel Family, Mousse Partners is Family Office of Alain Wertheimer & Gerard Wertheimer Who are the Grandchildren of Co-founder of Chanel Pierre Wertheimer “
French Luxury Group Chanel Family Gerard Wertheimer Becomes Switzerland Richest Resident with $47 Billion Fortune, Wertheimer Family Office Mousse Partners Hired Sovereign Wealth Fund Abu Dhabi Investment Authority & Private Equity Veteran David Yang as Managing Director & Appointed as Director in Hong Kong
1st December 2023 – French luxury group Chanel Family Gerard Wertheimer has became Switzerland richest resident with $47 billion fortune (Bilanz magazine). The Wertheimer brothers Alain & Gerard have a combined fortune of more than $68 billion (Bloomberg: More than $34 billion each). Mousse Partners is the investment division of Mousse Investments Limited, formerly known as Litor Limited. Mousse Partners manages its global, diversified portfolio across a broad range of asset classes in public and private markets with a long-term investment horizon. Mousse Partners values deep and long-standing relationships, partnering with select external investment managers as well as investing directly alongside high quality management teams, entrepreneurs, and other institutional investors. Mousse Partners was founded in 1991 by Charles Heilbronn (half-brother to owners), Alain Wertheimer and Gérard Wertheimer. Chanel is founded in 1910 by Coco Chanel in Paris (France), and is privately owned by the Wertheimer family. French luxury group Chanel owner Wertheimer family office Mousse Partners had recently hired sovereign wealth fund Abu Dhabi Investment Authority (ADIA) & private equity veteran David Yang as Managing Director & appointed as Director in Hong Kong. David Yang was the Head of China Private Equity at Abu Dhabi Investment Authority (ADIA) for more than 5 years, and prior was at CVC Capital Partners, EW Healthcare Partners, Warburg Pincus, McKinsey & Company and Fidelity Investments.
French Luxury Group Chanel Owner Wertheimer Family Office Mousse Partners Hires Sovereign Wealth Fund Abu Dhabi Investment Authority & Private Equity Veteran David Yang as Managing Director & Appointed as Director in Hong Kong, Wertheimer Brothers Alain & Gerard Combined Fortune of More than $68 billion
25th November 2023 – French luxury group Chanel owner Wertheimer family office Mousse Partners has hired sovereign wealth fund Abu Dhabi Investment Authority (ADIA) & private equity veteran David Yang as Managing Director & appointed as Director in Hong Kong. David Yang was the Head of China Private Equity at Abu Dhabi Investment Authority (ADIA) for more than 5 years, and prior was at CVC Capital Partners, EW Healthcare Partners, Warburg Pincus, McKinsey & Company and Fidelity Investments. The Wertheimer brothers Alain & Gerard have a combined fortune of more than $68 billion (more than $34 billion each). Mousse Partners is the investment division of Mousse Investments Limited, formerly known as Litor Limited. Mousse Partners manages its global, diversified portfolio across a broad range of asset classes in public and private markets with a long-term investment horizon. Mousse Partners values deep and long-standing relationships, partnering with select external investment managers as well as investing directly alongside high quality management teams, entrepreneurs, and other institutional investors. Mousse Partners was founded in 1991 by Charles Heilbronn (half-brother to owners), Alain Wertheimer and Gérard Wertheimer. Chanel is founded in 1910 by Coco Chanel in Paris (France), and is privately owned by the Wertheimer family.
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