10 Richest Billionaires in the Fashion Business

1. Amancio Ortega

Spanish fashion mogulNet worth: $57 billion

At 77 , Spanish fashion mogul Ortega is the Chairman of the Textile Empire Inditex, and the man behind the famous clothing and accessories retailer Zara. Ortega ranked third in Forbes richest as a net worth of USD $57 billion and stands number one in The Richest Fashion Moguls.

2. Bernard Arnault and family

founder of LVMHNet worth: $29 billion

Bernard Jean Étienne Arnault is a French business magnate and founder of LVMH a luxury group formed in 1987 from a merger of fashion house Louis Vuitton with Moët Hennessy the cognac manufacturer. He holds the tenth spot of this year’s Forbes Richest with a net worth of $29 billion. He also controls more than 22% of Hermes and a major shareholder of Dior. Some of his main brand competitors are: Gucci, Yves Saint Laurent, Stella McCartney, Sergio Rossi, Cartier, Van Cleef & Arpels.

3. Stefan Persson

Forbes richest fashion billionairesNet worth: $28 billion

Persson is one of Forbes richest fashion billionaires this year. He is the chairman and major shareholder of H&M (Hennes & Mauritz AB) founded in 1947 by his father Erling Persson. H&M exists worldwide with stores in Europe, Asia, North and South America, Middle East and North Africa. H&M has been a household name for chic, fashionable yet affordable apparel and clothing line.

4. Miuccia Prada

Italian noted fashion designerNet worth: $12.4 billion

Miuccia Prada Bianchi aka Prada, Miu Miu is an Italian noted fashion designer and business woman who ranked 78th in Forbes billionaires list. She is also one of the 10 Women Billionaires this year. Prada is known for her understated, minimalist, classic, cool, and comfortable luxury. Celebrities like Lindsay Lohan, Eva Longoria and Vogue editor, Anna Wintour are known Prada fans. Forty of her designs have glamorized the actors and women in the recent film The Great Gatsby.

5. Giorgio Armani

Armani GroupNet worth: $8.5 billion

Armani had seen fashion firsthand in the early 1950’s, he was a window dresser in a department store in Milan and later become a seller for the menswear department. In 1975 Giorgio created the Armani Group. In 2001 Armani was named as Italy’s most successful designer. He is one of Forbes richest billionaires this year and one of the richest fashion houses with net worth of $8.5 billion.

6. Alain & Gerard Wertheimer

House of ChanelNet Worth $8 billion

Alain and Brother Gerard own the House of Chanel (named after the previous partner Gabrielle “Coco” Chanel ). A high fashion brand classified for haute couture and ready-to-wear clothes, luxury goods and fashion accessories. The Chanel product brands have been epitomized by fashion models, celebrities and actresses, including the famous Marilyn Monroe.

7. Ralph Lauren

American fashion designerNet worth: $7 billion

Ralph Lauren is an American fashion designer and businessman who owned a global multi-billion-dollar fashion related enterprise. He is also a known collector of rare and expensive cars like Bugatti, Bentley, Alfa Romeo and Ferrari. Early this year he listed at the 166 spot of Forbes Richest Billionaires and one of the Richest and Famous Fashion Designers in the world.

8. Patrizio Bertelli

Ceo of PradaNet worth: $6.7 billion

Bertelli is the Ceo of Prada S.p.A while his wife Miuccui Prada runs the designs side of their global fashion conglomerate. The Bertelli–Prada duo has worked well a true match-made in fashion.

9. Renzo Rosso

Italian design companyNet worth:  $3 billion

Rosso owned Diesel S.p.A. an Italian design company known for ready to wear clothing. In 1985 when he first had full control over Diesel, Rosso would have to hand treat the denims which meant that he would ‘age’ the denim himself by scrubbing it with stones and sandpaper to have the vintage-styled look. Diesel has revenue of $2 billion in 2012, early this year Rosso’s net worth goes up to $3 billion.

10. Nicolas Puech

handmade luggage and handbags makerNet worth: $2.1 billion

Nicolas Puech, a descendant of the legendary Thierry Hermes manufacturer of quality goods established in 1837. The brand is known for their handmade luggage and handbags using only premium leathers from all over the world.  Among others are accessories like scarves and ready to wear. The brand is known for its expensive bags. Its logo, since the 1950s, is of a Duc carriage with horse.

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