The Qatari royal family owns five of the properties that line the square at the epicentre of Parisian luxury goods. Its relations with those who rent them have been fraught.
The 27 illustrious buildings that line the Place Vendôme in central Paris are occupied by some of the biggest names in luxury. While a few are jointly owned, most have a single proprietor. Number 1 is Chopard's (Glitz, 03/07/25), while LVMH owns numbers 2 and 4, home to the Louis Vuitton boutique. Chanel has its base at Number 18, and Kering, alongside the Ardian investment fund (Glitz, 25/09/25), co-owns its historic Boucheron headquarters
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Qatar's royal family: luxury's silent investor
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