Which billionaire owns clothing store hm

The Wertheimer brothers inherited the Chanel empire from their grandfather, Pierre Wertheimer, who founded the brand with Gabrielle "Coco" Chanel in It's about Karl [Lagerfeld]. It's about everyone who works and creates at Chanel.

It's not about the Wertheimers. Phil Knight is the founder of shoe giant Nike. Knight , a former track runner, started the company that would become Nike with his college track coach, Bill Bowerman, in The French businessman and art collector also owns a plethora of auction houses, wineries, and French publications. The French billionaire is the third-richest person in the world, trailing only Bill Gates and Jeff Bezos.

Arnault is growing richer at a faster rate than many other billionaires. For you. World globe An icon of the world globe, indicating different international options. Get the Insider App. Click here to learn more. A leading-edge research firm focused on digital transformation. Good Subscriber Account active since Shortcuts. Account icon An icon in the shape of a person's head and shoulders. It often indicates a user profile. Log out. He came up with the idea for a new approach to fashion retailing when he encountered more efficient, high-volume stores while travelling in the United States.

In the same year he appointed son Stefan to run the British business. Since then, the group has expanded rapidly. It has more than 4, stores in around 60 countries, employing , people. In , Stefan took over from his father as chief executive and in became chairman. Some links in this article may be affiliate links. If you click on them we may earn a small commission.

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