Meet the Wertheimers, the billionaire brothers behind Chanel

  • 📰 BusinessInsider
  • ⏱ Reading Time:
  • 21 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 51%

Business Business Headlines News

Meet the Wertheimers, the secretive French brothers worth $96 billion who control Chanel, own vineyards in France and Napa Valley, and breed racehorses

Chanel was a Nazi sympathizer and was well-connected in the world of prominent Nazis. She dated a Gestapo spy and appeared to have worked as an informant during World War II, though she was never charged.AP photoIn 1941, Chanel tried to legally wrest control of the company from Pierre Wertheimer. The Wertheimers were Jewish and, at that time, owned over 50% of the fashion house.

Chanel attempted to use a law that banned Jews from owning businesses.But Chanel was unsuccessful, as the Wertheimers had secretly handed off their stake to another French businessman before fleeing France during the Nazi occupation. In 1954, Pierre Wertheimer took full control of the company in exchange for promising to pay Coco Chanel's bills and taxes from then on. She died 17 years later.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

serenajonesx

They are not “ French “ they are Zionist Jews

Chanel attracts mountain lions

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 729. in BUSİNESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Semaglutide weight-loss videos are flooding TikTok, InstagramInsider tells the global tech, finance, markets, media, healthcare, and strategy stories you want to know.
Source: BusinessInsider - 🏆 729. / 51 Read more »

I'm a set designer who built a 6-figure company from my college hobbyI built a 6-figure company designing sets for photoshoots and events. Here's how I turned my college hobby into a business.
Source: BusinessInsider - 🏆 729. / 51 Read more »

James Cameron's films ranked by total box office dollars: listJames Cameron's 'Avatar: The Way of Water' is nominated for Best Picture at this month's Academy Awards. Here are the most popular films he's directed.
Source: BusinessInsider - 🏆 729. / 51 Read more »

5 Uber drivers reveal 5 worst things passengers can do during rideUber drivers reveal the 5 worst things passengers can do during a ride. You could be guilty of doing them without even realizing. Tipping?
Source: BusinessInsider - 🏆 729. / 51 Read more »

AOC: Still hope on student-debt relief decision if SCOTUS strikes downAOC says there's still hope for Biden's student-loan forgiveness plan if the Supreme Court rules against it 🤡 Communism in the USA 🇺🇸
Source: BusinessInsider - 🏆 729. / 51 Read more »