15 richest fashion designers in the world
Everyone loves fashion. The new era of social media is all about showing off fashion by wearing high-end brands and labels and posting your photos on Instagram.
Fashion, like time, is the only constant that keeps changing. The latest trends, styles and other elements of the market are the products that the great fashion designers offer us every season. These designers work hard and explore fashion elements in depth. Their creative genius is what makes them the best in the business. Such creativity also earns them a lot of money.
Who are the richest fashion designers in the world?
The hard work and dedication of these fashion designers made them who they are today. A unique design released by them becomes the talk of the town. These designers dominate the fashion industry. Their outfits and accessories can be found directly in the closets of your favorite celebrities. They are the richest fashion designers in the world today.
Kate Spade is one of the best known brands in the fashion world. The fashion designer has a net worth of $200 million. Interestingly, Kate started her career in journalism and worked for Mademoiselle.
Five years later, she became fashion editor and head of accessories. Her experience and her passion for fashion convinced her to present her own fashion line to the world. She is the epitome of how hard work leads to success. Her bags are very fashionable.
jean paul Gaultier
Jena-Paul Gaultier is known for her runway designs. He did not pursue his studies in the fashion industry. Instead, he shared his sketches with many couture designers. Another well-known designer, Pierre Cardin, was amazed to see them and offered him a job as an assistant.
He released his very first collection in 1976, and since then there has been no looking back. Today, he is known as the enfant terrible of French fashion and is the sole owner of $300 million.
Famous American fashion designer and director Tom Ford has a net worth of $500 million. He gained much of his wealth when he was associated with YSL and Gucci as creative director and his own fashion brand of the same name.
He circled around the Gucci fashion house as they went through tough times. His creations are expensive. Not everyone can buy them.
Roberto Cavalli is a popular name in the fashion world. He has a label of the same name. This Italian designer has a net worth of $500 million, making him one of the richest fashion designers in the world.
His career started in 1970 but started to rise to fame in the 1990s. Many Hollywood stars wear his label at prestigious awards shows and events. Her most recent work includes quality stitching and leopard prints.
Owning an MK bag is nothing less than owning a luxury. Michael Kors is one of the richest designers in the world, living his dream of designing the best clothes and accessories for customers around the world.
His net worth is $600 million. He started his career when his mother introduced him to the world of fashion. This college dropout was recognized by Time Magazine as one of the 100 most influential people in the world.
Vera Wang net worth is $650 million. She grew up in New York. She had an artistic side in her from her earliest childhood. After graduating in art history, she began her career in Vogue.
Vera worked at Vogue for 15 long years before becoming design director at Ralph Lauren. She quickly began her nuptial line. Today, she has a boutique at the Carlye Hotel on Madison Avenue, where you’ll find the most expensive clothes and the most beautiful designs.
Calvin Klein boasts a net worth of $700 million, making him one of the affluent designers on our list. He is a famous and well-known name in the fashion industry. He developed a passion for sewing from his grandmother and practiced sketching to master the art.
From beautiful summer dresses to denim to loungewear, Calvin Klein is everywhere in the apparel industry.
Boss Tory Burch is one of a handful of billionaires on our list of the world’s richest fashion designers. Tory’s net worth can reach $1 billion. Such an astronomical figure is the result of his passion, hard work and dedication.
Throughout his career, Tory has won numerous awards. His company, Tory Burch, has 120 stores worldwide, including Los Angeles, London, New York, Rome, Seoul and Tokyo. She is seen championing girl power and the women employed in her business.
We all know Carolina Herrera. She had been passionate about fashion since childhood. During her childhood, she made clothes for her dolls. Her family moved to New York and she decided to pursue fashion design as a career option.
Carolina’s net worth is $1.2 billion, one of the highest on the list. In an interview, she said that her mother was the first influence who taught her the art of transformation into elegance from an early age.
Aerin Lauder is the heiress to the Estee Lauder fortune. She was not content to live off the wealth that her ancestors had brought to the business. She wanted to do more by bringing her creative side into the business. Today, Aerin Lauder is the company’s image and style director.
She launched her own brand, Aerin, which manufactures perfumes, cosmetics, accessories, shoes, jewelry and clothing. Aerin Lauder’s net worth is $1.3 billion.
With a net worth of $1.5 billion, Valentino Garavani is another affluent fashion designer. He is best known as the founder of Valentino SpA. The Italian designer began his career as an apprentice to his aunt and a local designer. He soon moved to Paris to study fashion and opened his own fashion house in Rome.
The designer’s first glimpse of success came during his debut show at Palazzo Pitti. It has received many orders from foreign buyers. Soon, Valentino became one of the renowned names in the fashion industry.
Stefano Gabbana is the co-owner of high-end brand Dolce and Gabbana and one of the wealthiest designers in the world today. His net worth ranges up to $1.7 billion. One thing that sets him apart from his partner is that he never had fashion designer ambitions. He was a graphic design student who wanted to pursue his career in advertising.
However, fate had other plans for Stefano. He soon realized that he was unhappy with his current career choice, which made him switch to modeling. He met his girlfriend in 1980 while they were working in Milan. Dolce and Gabbana were launched in 1982 and still dominate the fashion world.
Ralph Lauren is the founder of Ralph Lauren Corporation and one of the richest fashion designers in the world. The brand started in 1967 selling men’s ties and today it has blossomed as one of the premium brands in the world.
After designing ties for men for a while, the brand ventured into women’s fashion. It was 1972 when Ralph Lauren released a short-sleeved cotton shirt in 24 colors featuring his now world-famous logo of a polo player. The company entered the European market in the 1980s. Lauren has a chain of restaurants and Ralph Lauren Home and Paint. The designer’s net worth ranges up to $8.2 billion.
Another fashion executive who has taken the entire fashion industry by storm is Giorgio Armani. The label is known as one of the most expensive and sought after labels in the world. Whether it’s class, elegance or style, Armani has it all for both genders.
Label owner Giorgio Armani boasts a net worth of $9.6 billion. Armani couture lines include Giorgio Armani, Armani Prive and Emporio Armani, which markets the brand’s ready-to-wear lines. There is even an Armani Junior for juniors. The Armani empire does not stop there. The brand has also ventured into housewares, florist service, confectionery and hotels.
Who doesn’t know Prada? The brand has redefined luxury in its purest sense. Patrizio Bertelli’s wife, Miuccia Prada, is now the richest fashion designer on the planet. The woman enjoys an impressive net worth of $11.1 billion. The designer took over the family’s luxury goods manufacturing business in 1978, which had previously belonged to the Prada brothers.
She combined her passion for fashion with creativity and started designing waterproof backpacks until she met her husband. From there, the couple began to acquire other companies. The company quickly turned into a powerhouse. Currently, Prada is among the most expensive brands in the world.
These fashion designers have built their empires after hard work, dedication and commitment to their careers. Do you want to buy their products? Get ready to break your balance.
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