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Top 7 Richest People In The Fashion Industry

| Published on September 23, 2020

The rich just getting richer, especially in the fashion industry. We love these brands and it is no surprise that their owners are rising like wildfire when it comes to earning revenue. These icons are the richest billionaires in the fashion industry,

Giorgio Armani

The Armani Empire is solely managed by Giorgio Armani, and it hosts sportswear, chic clothing including suits, casuals and even interior designs, hotels and more. It is a vast empire recognised by many and is known for its luxury and opulence. He has been one of the most popular and successful designers in Italy.

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Anders Hols Povlsen

Anders Hols Povlsen got hold of his parent’s company in the 1990s at just the age of 28. He owns a conglomerate which houses Vero Moda, Jack&Jones and even ASOS. Known as the largest private landowner in the UK currently, he stands at a net worth of US$10.8 Billion.

Leonardo del Vecchio

Did you know Leonardo del Vecchio is the biggest billionaire owning glasses and lenses in the world? He owns the brand Luxottica, that constitutes of Oakley, Ray-Ban and even Chanel and Bulgari. The empire is a strong one which has made Leonardo stand tall with a net worth of US$20.7 billion. He is the second richest man in Italy.

Tadashi Yanai

Fast Retailing, the Japanese clothing empire is owned by Tadashi Yanai. Everyone knows Tadashi as the richest man in Japan, as he started a sole store Uniqlo all by himself in 1984, which is now spread across 24 countries. His net worth amounts to US$21.3 billion.

Francois Pinault

The Kering Luxury Group is owned by Francois Pinault, whose net worth is US$43.3 billion. The group encompasses luxury brands like Saint Laurent, McQueen and Gucci. Pinault is also an art collector having standalone art piece collections by Mondrian, Jeff Koons and even Picasso.

Phil Knight

Phil Knight. Photo: Luxurylaunches

Phil Knight is popular known for starting Nike, along with this former running coach Bill Bowerman. Both initiated this by using just US$500 which later giave rise to this big empire. It was only in 2016 when he retired from the company. His net worth is US$44.7 billion.

Bernard Arnault

Louis Vuitton Moet -Hennesy is proudly owned by Bernard Arnault, the richest man in the fashion retail industry. His empire constitues around 70 brands including the likes of Bulgari, Sephora, Dior, Louis Vuitton and Moet – Hennesy. He has a net worth of US$118.1 billion.

Source: SCMP

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