Designers
Giorgio Armani Net Worth
Giorgio Armani's Net Worth as of 2024
$10 Billion
Giorgio Armani was born on 11 July 1934, in Piacenza, a town in northern Italy, and is of Armenian-Italian descent through his father. He is known world-wide because he is undoubtedly one of the most successful and famous designers of all time, and unusually best known for his men’s fashion collections. Giorgio Armani net worth comes from his numerous design lines as well as a retail shop network that he owns in 37 different countries. Worldwide sales of Armani products generate revenus of as much as $2 billion a year. With these numbers in mind it is easy to imagine how rich Giorgio Armani is, now that he is over 80.
So just how rich is Giorgio Armani? Sources estimate that the Italian fashion designer has an enormous net worth of $10 billion, accumulated during his more than 50-year career in the fashion industry.
Giorgio Armani Net Worth $10 Billion
Giorgio Armani initially aspired to a career as a doctor, and in 1950 he enrolled in the University of Milan to study medicine, three years later joining the army as a doctor and working in army hospitals. However, in 1957 he decided to change his path, and took a job in a department store. His first job there was as a window dresser, but soon he was appointed as a seller in the store’s menswear department, where he had his first lessons about the fashion industry.
Armani’s career as a menswear designer began in the mid-1960’s, when he was employed in the Nino Cerruti company. In 1973 Armani together with Sergio Galeotti (originally an architectural draftsman) opened a design office in Milan. For more than a decade Armani worked as a freelance designer for different fashion houses, until in 1975, again with Galeotti, he established his own label called Giorgio Armani S.p.A, with funds raised by selling their car. In the same year he presented his first menswear collection, which was not only the real start to his net worth, but the beginning of an extremely successful career, reaching a top point in 2001 when he was recognized as the most accomplished Italian designer of all time. Giorgio Armani’s net worth earned from his fashion empire leaves no space for a doubt.
Armani is best known for his suits (he is even referred to as the king of suits) and other ready-to-wear menswear, characterized by tailored, clean lines. However, he is often described as a perfectionist and a visionary, innovative creator, so that the list of the products he designs and markets is much longer and comprehensive. Women’s fashion lines as well as both male and female haute couture line, watches, cosmetics, shoes, even TV and ‘phone also carry the Armani brand name.
In addition Giorgio Armani is also a businessman as he owns several cafes, a nightclub, restaurant and a bar. His newest big purchase is now called the Armani Hotel at Burz Khalifa, Dubai, known for being in the tallest tower in the world, as the most expensive. He also owns another hotel in Milan, called Hotel Armani Milan. Naturally all these businesses, together with his more than 60 boutiques and other outlets around the world, have helped increase Giorgio Armani’s net worth significantly.
Armani is also involved in art and sports. He especially likes to work in the field of cinema: starting with the movie “American Gigolo” in 1980, he has worked as costume designer on more than a 100 films.
In his personal life, Giorgio Armani is an intensely private man, but has publicly identified as being bisexual, and had a longstanding relationship with his business partner Sergio Galeotti, who died of AIDS-related complications in 1985.
Businesspersons
Jeffrey Lubell Net Worth
Jeffrey Lubell was born in Brooklyn, New York City USA in March 1956, and is a clothing designer best known to the world as the co-founder with his ex-wife of denim jeans manufacturing company True Religion, which opened its doors in 2002. Previously, he worked for numerous clothing brands, gaining experience and building up his name in the clothing industry.
Have you ever wondered how rich Jeffrey Lubell is, as of early 2017? According to authoritative sources, it has been estimated that Lubell’s net worth is as high as $45 million, an amount earned through his successful career as a clothing designer and manufacturer.
Jeffrey Lubell Net Worth $45 Million
Jeffrey spent his childhood splitting time between Long Island and Brooklyn. His family was already in the clothing business, and as he got older, Jeffrey became interested as well in the clothing industry. He approached his dad for a job in the family company, however, he was told to seek engagement elsewhere. He found his first job at the swimming pool of the Catskill Hotel in New York City when he was just fifteen years old, and from there found employment in the clothing business, working for several brands in various positions, which only helped him learn the business and also increase his net worth. He eventually worked for Hippie Jeans LLC as President & Creative Director, and also was employed as Vice President & Creative Director for Jefri Jeans & Bella Dahl.
However, he became tired of working for others, and decided to branch out on his own, and he firstly manufactured 24 pair of jeans which he sent to a boutique owned by Fred Segal on Melrose Avenue.
However, at first his jeans were heavily criticized, and as a result he gave away the first series of jeans to the employees of the aforementioned boutique.
However, he didn’t surrender, and made a breakthrough almost immediately with his company True Religion, focusing on denim rather on other material; that was in 2002. The following year he went public with his company, and since then has made it into one of the most successful clothing brands. Nowadays, his company has more than 150 stores, both in the US and across the world, which has significantly increased his wealth. He now serves as its Chief Executive Officer, Chief Merchant and Chairman of the Board of Directors. In 2003 his company merged with Tower Brook Capital Partners, in a deal that was worth around $835 million, further increasing his wealth. In recent years, he has expanded his production to shirts, boxers and socks, the sales of which also benefited his wealth.
According to Forbes True Religion Brand Jeans filed for bankruptcy protection (Chapter 11) in July 2017, managing to reduce debt and choosing to take a possibility for True Religion’s iconic brand for future growth and success.
Regarding his personal life, there is little info about Jeffrey in the media. However, he is divorced from Kym Gold after a marriage of 17 years – they have three children.
Celebrities
Bobby Trendy Net Worth
Raymond John Muro was born on the 22nd May 1988 in Valencia, California USA and is a fashion designer, interior decorator and television personality, who as Bobby Trendy rose to fame as a star of the reality sitcom “The Anna Nicole Show” (2002 – 2004). Trendy has been active in the entertainment industry since the early 2000s.
How much is the net worth of Bobby Trendy? It has been reported by sources that the outright size of his wealth is as much as $1 million, as of the data presented in early 2017. Interior and fashion design are the major sources of his modest fortune.
Bobby Trendy Net Worth $1 Million
To begin with, the boy was raised in Northern California. Being a hardworking personality, he took part-time jobs after school and worked as a cashier in shopping malls as Denny’s, Wendy’s and Kmart. More, Trendy took after school classes and subsequently earned a license as a cosmetologist. Prior to becoming a fashion designer, he studied law and medicine; even at 17 years old, he managed to rent and lived in apartment located in Beverly Hills.
Concerning his professional career, Trendy began his business opening the store entitled Fuel in which he re-sold items bought from another store. He had a lease for 25 years paying $400 per month, yet the landlord decided to sell the building and paid him $50,000. Soon, he became popular with his new store called Bobby Trendy Designs. His clients were famous celebrities who paid outstanding sums for furnishing and designs. To give an example, Carmen Electra paid him $350,000; the indoor venue The City National Grove of Anaheim hired Trendy to furnish the theatre, and paid him more than $500,000. Other famous celebrities who were the clients of Bobby were the actor Tyler Perry and singer Usher. His net worth benefited considerably.
In addition, the designer worked for television station KTLA, and private research university USC. However, Bobby Trendy rose to fame as a star of the reality show “The Anna Nicole Show” (2002 – 2004). At first he was hired to decorate the house, then Trendy offered to do his job for free in order to became a star of the aforementioned show. Not only did this make him a star, Trendy bought some commercial air time and started promoting his own brand. His revenues shot up as he managed to sell 225 units for $15,000 each of Anna Nicole beds in one day, which caused the crash of his site, but as a result, Bobby Trendy became famous and rich, adorning the covers of such magazines as New York Observer and Los Angeles Business Journal. When Anna Nicole Smith died, Bobby turned his store into a museum.
In addition, Bobby Trendy has appeared in a number of television shows including “How Did You Get So Rich”, “Yes, Dear”, “Howard Stern”, “Hanity and Combs”, “Nancy Grace”, “The Ben Show” and “Dr. Phil”. Currently, Trendy is working on the design of dresses and jewellery as well as interior design.
Finally, in the personal life of Bobby Trendy, he does not reveal much about his private life, although rumours suggest that he is gay.
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