Chanel shareholders gain $5 billion in dividends as sales of luxury good rises
According to UK records, the Wertheimer family’s Cayman Islands-based holding company for Chanel received two US$2.5 billion dividends in 2021. According to the Bloomberg Billionaires Index, the Wertheimers’ net worth has increased 37% this year to US$90 billion Alain, 73, and Gerard, 71, are said to own equal interests in the closely held corporation. Last … Read more
