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Chanel’s mega dividend brings owners’ windfall to $21 billion

FN·May 24 ago·3 min read
Photograph via Fashion Network
RSS SUMMARY · AGGREGATED FROM FN

The billionaire family behind Chanel is on track to pocket at least $21 billion from payouts over the past decade, a huge windfall as their brand prospers during a downturn hitting some luxury-good rivals.

The billionaire family behind Chanel is on track to pocket at least $21 billion from payouts over the past decade, a huge windfall as their brand prospers during a downturn hitting some luxury-good rivals.

The billionaire family behind Chanel is on track to pocket at least $21 billion from payouts over the past decade, a huge windfall as their brand prospers during a downturn hitting some luxury-good rivals.

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