fashion industry billionaires

Meet Some Fashion Industry Billionaires

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Money rains over these fashion industry billionaires because their cheap costing products are sold at a high market price. Therefore, you must know these fashion giants who enjoy such money rains today.

Fashion Industry Billionaires

1. Amancio Ortega

Amancio Ortega

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One of the fashion industry billionaires, Amancio Ortega is a Spanish fashion designer, known as “the man of the mystery.” Being a European business tycoon and world’s richest man for a short time, Ortega never appeared on interviews and television talk shows. Amancio Ortega owns the Brand – Zara which has 2,200 stores worldwide.

Networth: USD 84.3 billion (Source: Forbes as on 17 August 2017)

2. Alain & Gerard Wertheimer

Gerard and Alain Wertheimer are among the richest people in the fashion-industry

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Alain and Gerard Wertheimer owns and runs Chanel, which is a high-end fashion brand. The brothers are a highly known name in the fashion world but always hid from media. They always take the third or fourth row in fashion weeks to shield themselves from cameras.

Gerard Wertheimer and his brother Alain own French luxury brand Chanel, which has over 310 stores worldwide.

Gerard Werheimer – USD 12.4 billion (Source: Forbes as on 17 August 2017)

Alain Werheimer – USD 12.4 billion (Source: Forbes as on 17 August 2017)

3. Phil Knight

Phil Knight

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Phil Knight is the co-founder of Nike brand which has over 1142 stores worldwide. Knight sold the sneakers from his car and hence, finally turned the business into footwear and athletic wear giant “Nike”.

Phil Knight – USD 27 billion (Source: Forbes as on 17 August 2017)

4. Stefan Persson

Stefan Persson

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Stefan is the chairman of H&M and in addition, Forbes list of richest person in Mach 2013 made him 14th richest person in the world. While his name was printed in Forbes, he got famous as much as the celebrities around the world.

Stefan Persson is chairman of H&M which has over 2200 stores worldwide.

Stefan Persson – USD 19.4 billion (Source: Forbes as on 17 August 2017)

5. Giorgio Armani

Giorgio Armani

The Armani brand now includes makeup, housewares, books, and hotels. One of the fashion industry billionaires, Armani was a medical student. He Dropped out of college and also freelanced as a designer with Nino Cerruti, a famous departmental store in Milan. As a result of practicing designing he almost found his interest in fashion and therefore, Armani founded his own fashion line later in 1975.

Despite starting off with weak financial support and drastic family conditions, these fashion industry billionaires, therefore, continued their determination until their hair turned whiter and pockets heavier.

Giorgio Armani owns the brand Armani which has over 650 stores worldwide

Giorgio Armani – USD 8.3 billion (Source: Forbes as on 17 August 2017)

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