Luxury fashion house heir becomes Switzerland's wealthiest with RM223bil


By AGENCY

A model walks the runway of the Chanel Spring/Summer 2024 show in October. The hanging charms on the belt spells "Coco", a nod to founder Coco Chanel. Photo: AFP

Chanel heir Gerard Wertheimer became the richest Swiss resident after the post-pandemic boom in luxury goods boosted his wealth to as much as 42 billion Swiss francs (approximately RM223 billion) last year, according to Bilanz magazine.

Wertheimer, who controls the Parisian fashion house that makes Chanel No 5 perfume, is resident in Geneva.

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fashion , Chanel , luxury fashion

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