Why is Chanel privately owned?
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One possible reason is that they already have a ton of money, much more than they could possibly spend in the remainder of their lifetimes. read more
An unknown seamstress, Coco needed Wertheimer’s expertise, American business connections, and capital so the Chanel company partnership equity was owned 70% by Wertheimer, 10% by Chanel herself, and 20% by Chanel’s friend, Théophile Bader. read more
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Chanel on the Forbes World's Most Valuable Brands List
www.forbes.com
Coco Chanel Only Owned 10% of Her Business
www.joshuakennon.com
We Own It
weownit.org.uk
Why Chanel is the James Bond of fashion
www.ft.com