These are the richest fashion designers in the world, 2024

If you have a keen eye for good design, then I am confident that you will love this list. These designers have created exceptional work in various industries and have not only gained immense wealth but also earned a reputation for their exceptional talent. Imagine a world without Armani, Prada, Dolce & Gabbana, and Valentino. It would certainly be a less fashionable world.

Giorgio Armani co-founded the fashion retailer Giorgio Armani SpA in 1975 and has since become the richest fashion designer in the world, with an estimated net worth of $13.1 billion. The Milan-based company has over 2,980 points of sale in 46 countries through its in-house distribution network. The retailer’s brands include Armani Exchange, Armani Jeans, and Emporio Armani. While most of Armani’s fortune is derived from his ownership of Giorgio Armani SpA, he has also expanded his wealth by launching Armani Hotels & Resorts in 2005.

Although Ralph Lauren resigned from his role as CEO in 2015, he remains highly influential and profitable as the executive chairperson and chief creative officer of Ralph Lauren Corporation. The company encompasses several popular fashion brands, including Polo and formerly Club Monaco. As the largest shareholder of the company, Ralph Lauren controls 85 percent of the voting rights.

So, who are some fashion designers with the highest net worth? Let’s take a closer look.

1. Giorgio Armani
   Estimated net worth: US$13.1 billion
2. Ralph Lauren
   Estimated net worth: US$8.1 billion
3. Miuccia Prada
   Estimated net worth: US$4.3 billion
4. Patrizio Bertelli
   Estimated net worth: US$4.3 billion
5. Domenico Dolce
   Estimated net worth: US$2.5 billion
6. Stefano Gabbana
   Estimated net worth: US$2.5 billion
7. Tom Ford
   Estimated net worth: US$2.2 billion
8. Valentino Garavani
   Estimated net worth: US$1.5 billion

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