Not only is the fashion industry one of the world's greatest environments to work in, it is also an industry in which you can become very rich. The FashionUnited Top200 most wealthiest fashion professionals lists 200 people who have made at least 70 million US$ (Rs 364crores) up to 41 billion US$ (Rs 2,13,607 crores) while working in fashion.
Investing in clothing and starting a fashion company can be unpredictable and risky, the 200 richest in this list have mastered the game. Most of the people on the list are company founders, from New York to Hong Kong, who have created new brands and sold billions of articles over the past decades and made many people feel good wearing their clothing.
The richest in fashion is Bernard Arnault, CEO of Louis Vuitton Moët Hennessy, whose US$41 billion comes Louis Vuitton, Christian Dior, Kenzo, Marc Jacobs, Celine, Tag Heuer, Fendi and Bvlgari. Zara founder Amancio Ortega is runner up on the list with US$37,5 billion, note that his fortune increases fastest of all due to Inditex' success. Third on the list is the Dutch Brenninkmeijer family who run the C&A clothing chain.
The richest woman in fashion is Miuccia Prada ranked number 18 and made her US$ 6.8 billion (Rs 34809 crores) fortune with Prada.
The person who made the biggest fortune in the shortest time frame is Sara Blakely with a US$1 billion (Rs 52,099 crores) net worth. Blakely founded Spanx in 2000, a multi-million dollar undergarment company. Blakely turned 41 in February 2012, making her the youngest female self-made billionaire in the world according to Forbes. She's the number 89 on the Fashion Richlist.
Vente-privee.com's online business grew Jacques-Antoine Granjon and Mickaël Benabou fortune to 984million US$ (Rs 51,26crores)in only 10 years time making them the highest ranked tech entrepreneur although nowadays vente-privee.com sells more than just apparel.
See the complete list here >>
The Fashion Top200 Richlist is a summary of various sources in many countries, varying from Forbes, Sunday Times, Quote magazine, Therichest.org and many more. Should you be on this list or do you know anyone who should be on this list? Please send the name to [email protected]
Photo: Bernard Arnault - Humor Chic by aleXsandro Palombo