The co-owner of Chanel—who is also an investor in racehorses and wineries—saw his wealth surge so much last year that he is now the richest person in Switzerland, according to Swiss business publication Bilanz.
In its annual ranking of the country’s wealthiest people, Bilanz reported that Gérard Wertheimer—who lives in the Swiss city of Geneva—had overtaken the Kamprad family at the top of the rich list after 21 years.
