The fashion industry is for sure one of the more attractive sector when it comes to investments. It generates an annual turnover of nearly 90 billion euros only in Italy with more than 465.000 people employed by the hundreds of companies of this industry. But who are the ones who benefit the most of the fashion industry? Here below a list of the 3 richest fashion designers in the world.
Who are the richest fashion designers on planet earth?
Giorgio Armani S.p.A., commonly known as Armani, is an Italian luxury fashion house founded by Giorgio Armani which designs, manufactures, distributes and retails haute couture, ready-to-wear, leather goods, shoes, watches, jewelry, accessories, eyewear, cosmetics and home interiors. Wikipedia
CEO: Giorgio Armani (1975–)
Founded: 24 July 1975, Milan, Italy
Customer service: 0800 019 1311
Headquarters: Milan, Italy
Founders: Giorgio Armani, Sergio Galeotti
Subsidiaries: A|X Armani Exchange, Giorgio Armani Corporation, MORE
His empire, which includes several brands from Emporio Armani to Armani Privè and Armani Jeans, has made King Giorgio the richest fashion designer with a net worth of 7.6 billion dollars. He has recently added a new brand to his collection: the SILOS/ARMANI. This is a museum which displays all of his collections from the very beginning of his career. Thanks to this new facility everyone will know why he is the 174th richest man on the planet according to Forbes magazine.
Ralph Lauren Corporation is an American fashion company producing products ranging from the mid-range to the luxury segments. They are known for the clothing, marketing and distribution of products in four categories: apparel, home, accessories, and fragrances. Wikipedia
Founder: Ralph Lauren
Customer service: 020 3450 7750
CEO: Patrice Louvet (17 Jul 2017–)
Stock price: RL (NYSE) US$96.21 -0.45 (-0.47%)
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Headquarters: New York, New York, United States
Subsidiaries: Club Monaco, Ralph Lauren Media LLC, MORE
The US designer has lived the American dream. He is the son of Jewish immigrants form Belarus and through a collection of eccentric ties he has started a multimillion dollar business. Thanks to the Ralph Lauren brands he is now the 193rd richest man on the planet with a net worth of 7 billion dollars.
Miuccia Bianchi Prada is an Italian billionaire fashion designer and businesswoman. She is the head designer of Prada and the founder of its subsidiary Miu Miu. As of March 2019, Forbes estimates her net worth at US$2.4 billion. Wikipedia
Born: 10 May 1949 (age 71 years), Milan, Italy
Full name: Maria Bianchi
Spouse: Patrizio Bertelli
Net worth: 4.1 billion USD (2020) Forbes
Children: Lorenzo Bertelli
It was 1913 when the Prada brothers opened their first store of leather goods in the majestic Galleria in Milan. More than 100 years later the heir of the Prada family, Ms Miuccia has brought the brand to an international recognition. Her creativity and her husband’s business acumen made the history of fashion. Ms Prada is now the 405th richest person on the planet with a net worth of 4.1 billion dollars. Some of this money has been recently invested in the Fondazione Prada, a contemporary art museum in Milan.
As the fashion industry continues to be disrupted by globalisation, technology, shifting consumer values and, now, a global public health and economic crisis, intelligence, guidance and advice are more vital than ever.