The billionaire Wertheimer family behind Chanel is set to receive at least $21 billion in dividends over the past decade, underscoring the brand’s resilience amid a broader luxury slowdown. According to a U.K. regulatory filing, the family’s holding company will collect a $5.8 billion payout for 2025, more than half of which will be distributed this year, bringing total dividends since 2017 to $15.1 billion.
The windfall follows Chanel’s latest results, which showed 2025 revenue rose 1.8% to $19.3 billion, outpacing LVMH. The payouts have boosted brothers Alain and Gérard Wertheimer to a combined net worth of about $85 billion. Through their private investment vehicle Mousse Partners, the family has diversified into real estate, private equity, and ventures ranging from healthcare to luxury fashion, including The Row.
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