The $30 billion windfall for the secretive brothers behind Chanel
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Source: The Age
Published: 2026-05-26 07:02 UTC+10:00
Section: Business / Companies
Factuality Score: 100
Opinion Category: Neutral
Topics: Family, Business & Economy
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Snippet:
The billionaire family behind Chanel is on track to pocket at least $US21 billion ($29.4 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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