These days, the designer and his former lover and associate Giancarlo Giammetti own an expansive property portfolio of homes and flats around the globe, per Vanity Fair, including in London’s Holland Park and Château de Wideville outside Paris. Celebrity Net Worth puts his net worth at US$1.5 billion.
Who is the richest member of the Kardashian-Jenner clan in 2023?
Who is the richest member of the Kardashian-Jenner clan in 2023?
7. Tom Ford, 62
Estimated net worth: US$2.2 billion
Fashion designer Tom Ford founded his brand Tom Ford International in 2005, but first he made a name for himself as the creative director of Gucci between 1994 and 2005, where he helped grow its revenue twelvefold to US$3 billion, per Forbes.
5 and 6. Domenico Dolce, 65, and Stefano Gabbana, 61
Individual estimated net worths: US$2.6 billion
After falling in love in a Milan nightclub, Stefano Gabbana and Domenico Dolce founded their Dolce & Gabbana label in 1985. Since then, the label’s extravagant styles and animal-print designs have become globally recognised, with the company now reportedly worth an estimated US$5.3 billion.
Despite calling their personal relationship quits in 2003, the former couple still share ownership of the company, and design for it together.
Inside Grammy Award winner John Mayer’s US$10 million haute horlogerie hobby
Inside Grammy Award winner John Mayer’s US$10 million haute horlogerie hobby
3 and 4. Miuccia Prada, 74 and Patrizio Bertelli, 77
Individual estimated net worths: US$4.2 billion
Italian billionaire businessman Patrizio Bertelli is the chairperson and former CEO of the Prada fashion empire alongside his wife Miuccia Prada, who inherited the business from her grandfather in 1977.
2. Ralph Lauren, 84
Estimated net worth: US$8.1 billion
He may have stepped down from his position as CEO in 2015, but Ralph Lauren is still making a fortune as executive chairperson and chief creative officer of Ralph Lauren Corp, which includes fashion brands like Polo and, previously, Club Monaco under its umbrella. He’s also the largest shareholder of company, controlling 85 per cent of the voting rights, per Bloomberg.
8 of the most iconic moments in fashion history – from Campbell to Cantopop
8 of the most iconic moments in fashion history – from Campbell to Cantopop
1. Giorgio Armani, 89
Estimated net worth: US$13.4 billion
After co-founding fashion retailer Giorgio Armani SpA back in 1975, Armani has become one of the richest people in the world today, coming in at an impressive 135 at time of writing, per Forbes.
The Milan-based fashion retailer’s in-house distribution network has over 2,980 point of sales in 46 countries, per Bloomberg, with brands including Armani Exchange, Armani Jeans and Emporio Armani.
While most of Armani’s fortune is derived from his ownership of Giorgio Armani SpA, he expanded his bank balance by launching Armani Hotels & Resorts in 2005.
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