The wealthiest Fashion Designers have amassed plenty of wealth over recent years due to the rampant growth of the fashion industry. Everyone loves fashion. There has been a sudden urge for everyone to look good and very fashionable despite having minimal knowledge of what to wear to what occasion at a specified time of the day.
This brought a dire need for fashion experts to advise people on a few issues to do with fashion and modesty. With time, social media has become a fashion hub, especially through Instagram, thus giving a chance for fashion designers to showcase their works and thus earn a stable income. As I publish this list of the 5 Wealthiest Fashion Designers in the World, caution should be taken as the list is subject to changes since wealth may increase or decrease anytime.
1. Miuccia Prada:
I guess there is no fashion lover who doesn’t know Prada. She is currently the wealthiest fashion designer in the world currently and the wife to Patrizio Bertelli. She has a staggering net worth of $11.1 billion. She has been in the fashion industry since 1978.
2. Giorgio Armani:
Armani is famous in the fashion industry and one of the richest men who have taken the fashion industry by storm. His label, Armani is one of the most expensive in the world and serves both genders. He has a net worth of over $9.6 billion.
3. Wealthiest Fashion Designers Ralph Lauren:
Lauren has been in business since the year 1967. He enjoys plenty of customers worldwide and has a massive following in the European Union. What is more, the company expanded into the restaurants and home section, enabling Ralph to expand his net worth to a staggering $8.2 billion.
4. Kate Spade Fashion Designer:
A sneak link into Kate spade’s life reveals that she is one of the wealthiest fashion designers in the world. She is estimated to have a net worth of nearly $200 million. She has a number of brands as well as being a senior fashion editor at a famous media house.
5. Wealthiest Fashion Designers Tom Ford
Am sure quite a number of you have heard the amazing story of Tom Ford, one of the richest Fashion designers. He is said to be worth $500 million and most of his wealth has come from his association with YSL and Gucci companies. His designs are known to be quite expensive, no wonder he is a wealthy man.
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