The 15 richest individuals in the fashion business, ranked

Organization Expert has actually put together a list of the richest people in the fashion industry, based on Forbes’ Genuine Time Billionaires ranking and Bloomberg Billionaires Index— and the top 15 are worth a combined $4108 billion.

The wealthiest individual in style is Bernard Arnault, the chairman of LVMH, the world’s biggest maker of high-end products that’s behind brands such as Louis Vuitton, Dom Perignon, Christian Dior, and as of November 2019, Tiffany & Co.

Others on the list consist of Giorgio Armani, the creator of Nike, the Japanese billionaire behind Uniqlo, and the Spanish retail magnate who owns Zara.

Keep Reading for the 15 wealthiest people in the fashion industry, ranked in rising order.

Bobbie Edsor added to an earlier variation of this story.

15 Chip Wilson: $6.1 billion

Wilson stepped down from the board in 2015 after selling half of his stakes in the business to Advent International, a private equity firm, according to Bloomberg’s Billionaires Index.

14 Denting Shijia: $6.19 billion

Ding Shijia serves as deputy chaiman of the Fujian-based athletic retail manufacturer Anta Sports Products.

Consisting of the brand names Anta, Fila, Amer Sports and Descente, the business made $3.6 billion in 2018, according to Bloomberg Billionaires Index.

13 Giorgio Armani: $6.27 billion

The cofounder and sole owner of the Armani empire, Giorgio Armani’s luxury fashion home has ventures in haute couture, sportswear, beauty, dining establishments, interior decoration, hotels and resorts, and ready-to-wear style, among others.

The Italian-born fashion designer established his company in 1975 after leaving medical school early. Now, Armani is typically dubbed among the most successful Italian designer in history, with earnings of $2.3 billion in 2018, according to Bloomberg.

Armani owns a 213- foot jet-black superyacht and has houses in Italy and the Caribbean.

11 Anders Holch Povlsen: $6.8 billion

Anders Holch Povlsen is the CEO and sole owner of Danish fashion retailer Bestseller. Povlsen’s parents started the business in 1975 and he was only 28 when his father, Troels Holch Povlsen, made him the sole owner of the company in 1990.

Bestseller is the parent business of 11 style labels that include Vero Moda, Only, and Jack & Jones.

Povlsen, who is the 2nd- richest person in Denmark, likewise has “considerable stakes” in online clothing seller ASOS and payments company Klarna, according to Forbes.

In April 2019, three of Povlsen’s 4 children were eliminated in the Easter Sunday bombings in Sri Lanka that left at least 290 individuals dead.

9. Heinrich Deichmann: $7.12 billion

Heinrich Deichmann is the CEO of global shoe manufacturer Deichmann, founded by his grandpa as a cobbler’s shop in Germany in1913

Deichmann’s reputation for creating inexpensive shoes is ingrained in its history. The family business arranged a pre-owned shoe exchange scheme in order to help struggling clients after the war, according to the business’s site

Today, Deichmann has actually grown to become Europe’s biggest shoe merchant, with more than 4,200 stores in Germany, the United States, and throughout Europe.

7. Leonardo Del Vecchio: $209 billion

 Leonardo Del Vecchio is the creator of eyewear giant Luxottica, which went on to acquire Sunglass Hut, Ray-Ban, and Oakley and make glasses for brand names including Chanel and Bulgari, according to Forbes.

Luxottica merged with French lens maker Essilor in 2018 to end up being the world’s largest producer and retailer of sunglasses and prescription glasses.

4. Phil Knight: $404 billion

Phil Knight is the founder of shoe huge Nike Knight, a previous track runner, started the company that would become Nike with his college track coach, Costs Bowerman, in 1964.

Knight retired as chairman of Nike in 2016 after 52 years, according to Forbes.

2. Amancio Ortega: $596 billion

Amancio Ortega made his $60 billion fortune through the Spanish style retail group Inditex, which he established with his ex-wife Rosalia Mera in 1975.

Ortega owns 59%of Inditex, the world’s largest clothes retailer that owns Zara, Pull & Bear, Bershka, Massimo Dutti, Stradivarius, and other brand names, per Bloomberg Billionaires Index

1. Bernard Arnault: $88 billion

LVMH is the parent business of 75 household names, including Louis Vuitton, Christian Dior, Sephora, and Bulgari, and, as of November 2019, fashion jewelry giant Tiffany & Co.

Arnault is growing richer at a quicker rate than numerous other billionaires.

Jay Feldman

Jay Feldman

I am an Osteopathic doctor with a love for business, traveling, and animals. I hope to give back to the community through empowering individuals to help others through media and business. I love learning new things and sharing them with the world. I hope you enjoy my page.

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