Bloomberg Markets: Chanel’s Mega Dividend Brings Owners’ Windfall to $21B

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. Angelina Rascouet joined Christina Ruffini and David Gura on Bloomberg This Weekend to discuss. (Source: Bloomberg)

Open original story

Source: Bloomberg Markets. Manhattan Business Club links to the original report and publishes only a short summary for readers.