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Chanel Owner’s Son Sets Up Private Equity Shop With $110m

Chanel’s billionaire heir, David Wertheimer, has launched a private equity firm, 1686 Partners, with a strong focus on the luxury sector.

Son of Fashion Brand Chanel's Owner. PHOTO: Shutterstock
Son of Fashion Brand Chanel’s Owner. PHOTO: Shutterstock

Based in Luxembourg, the firm was established last year and has already raised over $110 million.

David, aged 37, is the

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