From Giorgio Armani To Ralph Lauren, 10 Richest Fashion Designers In The World

Sep 16, 2023

By: Sunayna Kanjilal

Richest fashion designers in the world

The fashion industry has boomed like never before in the last few decades and a few artists have had a huge role to play. These avant-garde designers laid the foundation of what fashion is today. They have all built vast empires and acquired massive fortunes. ...

1. Giorgio Armani

Armani first launched his business in the mid '70s and the empire has been growing substantially ever since. The Italian fashion designer is best known for his men's suits. His popularity catapulted to the next level in the '80s and his creation...

2. Ralph Lauren

Known for his iconic menswear, Ralph Lauren burst into the scene in the late '60s. He started by making neckties and sold them to clothing retailers. He is today an American fashion mogul who has a net worth of $8.14 billion, as per Bloomberg. The house o...

3. Patrizio Bertelli

The CEO of Prada started by producing belts and bags. While most people associate the luxury label Prada with his wife Miuccia Prada, who is a designer, it was Patrizio Bertelli who was the mastermind. He always encouraged his wife to take risks and the power ...

4. Miuccia Prada

The Italian fashion designer took over the family-owned luxury goods manufacturer originally owned by the Prada brothers. She started by making backpacks that were minimalistic in design and waterproof. The company was started by her grandfather in 1913, but s...

5. Tom Ford

The American fashion designer, who is also a film director, earned the majority of his earnings when he sold his fashion brand to Estee Lauder for $2.8 billion. Tom Ford has also worked with other major fashion brands like Gucci and YSL as a creative director....

6. Valentino Garavani

Another Italian fashion designer on the list today is Garavani, the founder of Valentino, which is one of the most renowned fashion brands in the world right now offering footwear, accessories, perfumes, clothing and more. He is also known to have designed som...

7. Domenico Dolce

The fashion designer from Italy is the co-founder of the famous luxury brand Dolce & Gabbana. He founded the brand with his wife Stefano Gabbana. The brand was launched in 1983 and D&G released its first collection and held its show, "Real Women&q...

8. Stefano Gabbana

The Italian designer earned his fortune by co-founding the luxury brand Dolce and Gabbana. He along with his partner started the company in the late '80s. Gabbana and Dolce are openly gay and the two were in a relationship from 1982 to 2003. The brand is ...

9. Tory Burch

The American fashion designer is behind her eponymous clothing brand, which is known for the fashion revolution on $200 ballet flats. As of 2023, her company generates an annual revenue of $1.5 billion. She launched her brand back in 2004 and opened a retail s...

10. Michael Kors

The American Fashion designer is the CCO and honorary chairman of his brand Michael Kors. He started his brand after dropping out from FIT and working at Lothar's, a boutique store. He launched his brand at stores including Bloomingdale's, Neiman Mar...