10 richest fashion designers in the world
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Fashion design has been the most difficult industry in the world. It is defined as the application of art and aesthetics to accessories and clothing. This not only requires imagination, but also requires constant contact with the latest trends. To be a leading designer, you must also anticipate the tastes of clients.
Some clothes may be made for a particular person, but the focus should always be on designs suitable for the mass market. Here is a list of the ten richest fashion designers in the world in 2022 who wowed buyers with their designs.
10. Mark Jacobs
Net worth: $100 million
Marc Jacobs is an American fashion designer born on April 9, 1963. He graduated from the Parsons New School for Design. He is the head designer of the famous fashion label Marc Jacobs. This fashion label has over 200 retail stores in over 80 countries. In 2010, he was named one of the 100 most influential people in the world. His brand also owns a label known as Louis Vuitton. He was awarded what is known as a Chevalier of the Order of Arts and Letters.
9. Betsey Johnson
Net worth: $50 million
She was born on August 10, 1942. She is an American designer best known for her whimsical and feminine designs. Her design is considered embellished and over the top. Born in Wethersfield, Connecticut, USA. Graduated from Syracuse University. After graduation, she worked as an intern at Mademoiselle magazine. In the 1970s, she took over the famous fashion label known as Alley Cat. She won a Coty award in 1972 and opened her own fashion label in 1978.
8.Kate Spade
Net worth: $150 million
Kate Spade is now known as Kate Valentine. She is an American fashion designer and businesswoman born December 1962, 24. She is the former co-owner of the famous brand known as Kate Spade New York. She was born in Kansas City, Missouri. Graduated from Arizona State University. She received her degree in journalism in 1985. She launched her famous brand in 1993. In 2004, Kate Spade Home was launched as a home collection brand. Neiman Marcus Group acquired Kate Spade in 2006.
7. Tom Ford
Net Worth: $2.9 billion.
Tom is a shortened form of the name Thomas Carlisle. This legendary fashion designer was born on August 27, 1961 in Austin, Texas (USA). In addition to being a fashion designer, he also works as a film director, film producer and screenwriter. He gained public attention while working at Gucci as a creative director. In 2006, he founded his own company called Tom Ford. He directed two films, known as A Single Man and Under Cover of Night, both of which were nominated for Oscars.
6. Ralph Lauren
Net Worth: $5.5 billion.
This name needs no introduction as this brand is a global multi-billion dollar enterprise. The founder of this corporation was born on October 14, 1939. In addition to designing, he is also a business executive and philanthropist. It is also known for its rare collection of cars that have been on display at the museum. In 2015, Mr Lauren stepped down as the company's chief executive officer. He is currently ranked 233rd in the list of the richest people in the world.
5. Coco Chanel
Net Worth: US$19 billion
Gabrielle Boner Coco Chanel was the founder and namesake of the Chanel brand. She was born on August 19, 1883 and died at the age of 87 on January 10, 1971. She was a French fashion designer and businesswoman. She also expanded her influence into perfumes, handbags and jewellery. Her signature fragrance Chanel No. 5 has become a cult product. She is the only fashion designer to be included in the top 100 most influential people in the world in the 20th century. At XNUMX, she also won the Neiman Marcus Fashion Award.
4. Giorgio Armani
Net Worth: $8.5 billion.
This famous fashion designer was born on July 11, 1934 in the kingdom of Emilia-Romagna, Italy, in the family of Maria Raimondi and Hugo Armani. His design career began in 1957 when he found work as a window dresser at La Rinascente. He founded Giorgio Armani on July 24, 1975 and presented his first ready-to-wear collection in 1976. He also received an international CFDA award in 1983. Today he is known for his clean and individual lines. In 2001, he was also known as the best designer in the history of his country. The annual turnover of his company is 1.6 billion dollars.
3. Valentino Garavani
Net worth: $1.5 billion
Valentino Clemente Ludovico Garavani is the founder of the Valentino Spa brand and company. He is an Italian fashion designer born May 11, 1931. Its main lines include RED Valentino, Valentino Roma, Valentino Garavani and Valentino. He was educated at the ECole des Beaux in Paris. During his career, he has received many awards such as the Neiman Marcus Award, the Grand Joffiziale del Ordine Award, etc. In 2007, on September 4, he announced his retirement from the world stage. In 2012, his life and work was celebrated with an exhibition in London.
2. Donatella Versace
Net Worth: $2.3 billion.
Donatella Francesca Versace is the current Vice President and Chief Designer of the Versace Group. She was born on May 2, 1955. She owns only 20% of the business. In 1980, her brother launched the perfume label Versus, which she took over after his death. She has two children and has been married twice in her life. She graduated from the University of Florence. She is also known as a patron of the Elton John AIDS Foundation.
1. Kelvin Klein
Net worth: $700 million
This famous American fashion designer founded the house of Calvin Klein. The company's headquarters is located in Manhattan, New York. Calvin Richard Klein was born November 19, 1942. In addition to clothing, his fashion house also deals in jewelry, perfumes and watches. He was married to textile engineer Jane Center in 1964 and later had a child named Marcy Klein. In 1974, he became the first designer to win the Best Design Award. In 1981, 1983 and 1993 he received awards from the Fashion Designers Council of America.
All of these designers are extraordinary. The way they presented their designs to revolutionize the fashion industry is to be commended. Not all of them were born with a silver spoon in their mouth, and so they worked hard to earn the place they occupy today. They are also an example of hard work, dedication and creativity.
