Giorgio Armani As of May 2020, Versace net worth is around $3 billion. At his prime, the famous designer was murdered on the steps of his Miami mansion in 1997 by spree killer Andrew Cunanan, who shot himself with same gun a few days later. Donatella owned a 20-percent share of the business prior to the Blackstone investment. Santo Versace is an Italian businessman and politician who has a net worth of $400 million.
Santo Versace served as the Chief Executive Officer of Gianna Versace S.p.A from 1997 to 2004.
Chance The Rapper Net Worth 2020 – How Rich is Chance The Rapper? The fancy of designer merchandise has since the past been associated with taste, class, and sophistication. Edward Norton. From April 2008 to February 2013 he served as a member of the Chamber of Deputies for Calabria. From October 2011 to March 2013 he was a member of the Parliamentary Commission for Finance. Versace was worth $2.12 in 2018 when it was acquired by Michael Kors. Versace Dos (born January 6, 2001) is famous for being youtuber. A reporter explained that a previous version of the story indicated an €850 million investment was being considered for a stake ranging from 20% to 30% of Versace. Donatella Versace Net Worth. The 63-year-old native of Calabria, Italy led the fashion brand to new heights with a valuation that was last reported at around $1.4 billion in 2014, when Blackstone Group purchased a 20-percent stake in the company, according to the New York Times. Reports suggest Versace is looking to take the company public over the next 3 to 5 years, and was looking for an international partner to continue to fuel its global expansion. We track celebrity net worth so you don't have to. He was an Italian fashion designer responsible for creating the powerhouse international fashion label Versace, through which he is credited for revolutionizing the fashion world and making fashion what it has become, popularizing new clothing materials and expanding his label. Donatella, who “directs all lines and product categories for the house,” is the only one that would be left out of the billionaire’s club: her 20% stake would be valued at only $921.5 million. We work diligently to ensure that our numbers are the most accurate celebrity net worth data you will find anywhere on the internet. Donatella Versace was born on 2 May 1955, in Reggio Calabria, Italy, and is a fashion designer … ", It's no surprise that Donatella stands to earn a great deal of money from this deal. How Much Gianni Versace Would Be Worth if He Were Still Alive Today, See Inside Gianni Versace's Mansion, Now a Luxury Hotel in Miami Beach, The Assassination of Gianni Versace: American Crime Story Season 2: Everything We Know So Far. From April 2008 to February 2013 he served as a member of the Chamber of Deputies for Calabria. Before 2009 he was a member of the People of Freedom Party. Town & Country participates in various affiliate marketing programs, which means we may get paid commissions on editorially chosen products purchased through our links to retailer sites. Kim Kardashian Net Worth 2020 – How Rich is Kim Kardashian? In 2018, he released his debut single, “Flyga.”. He has seen his YouTube channel amass more than 110,000 subscribers. Since then, Ferraris has supercharged growth, with the company seeing 2012 revenues jump 20% to $553.8 million on the back of surging global sales, which gained approximately 40% to $304.2 million as North American revenues doubled. Daniel Versace Net Worth $8 Million. It was just announced that Michael Kors would acquire Versace's family company for $2.12 billion. Santo Versace served as a member of the Parliamentary Commission for Trade, Tourism and Productive Activities from May 2008 to October 2011. Gianni Versace net worth and wealth: Gianni Versace was an Italian fashion designer who had a net worth of $1 billion at the time of his death in 1997. Save my name, email, and website in this browser for the next time I comment. The green Versace Dress designed in 2000, was voted as the 5th most Iconic dress in 2008, this dress was worn by Jennifer Lopez during the forty-second Annual Grammy Awards. Its business Logo is the head of the Medusa; his choice was influenced by the fact that the Medusa made people fell in love with her and never left, and so he hoped that the logo would bring the same spirit into his business. The acquisition, which is also backed by Qatar’s sovereign wealth fund, would value the Versace brand at about $5.76 billion, which, at more than 10 times annual sales, seems quite high when compared to other names in the space. Discover how much the famous YouTuber is worth in 2020. Santos’s major source of income is his singing career. Swedish social media star and artist known professionally as Don V; he became famous for his Versace Dos YouTube channel. Gianni Versace was murdered in 1997, Donatella Versace, his sister, and formerly the vice president became the creative director Santo Versace; their older brother became the CEO. Santo Versace was born in Reggio Calabria, Italy in December 1944. Based on a €250 million valuation for a 20% stake, Gianni Versace would be valued at €1.25 billion, or $1.7 billion. Opinions expressed by Forbes Contributors are their own. Santo Versace is an Italian businessman and politician who has a net worth of $400 million. Using the methodology detailed below, the largest shareholder, Allegra, would see her net worth reach $680 million. Donatella Versace Net Worth. Santo Versace was born in Reggio Calabria, Italy in December 1944. In 2018, one hundred percent of Versace and Blackstone were sold to the Michael Kors Limited Group.Â They joined Capri Holdings together with Jimmy Choo and Michael Kors to form a new fashion luxury big group. Romeo Santos Net Worth. If the deal goes through at the reported valuation, which puts Versace's worth at more than 12 times earnings before interest, taxes, depreciation, and amortization (EBITDA), both Allegra, the company’s largest shareholder, and Santo would become billionaires. Discover how much the famous TV Actress is worth in 2020. It produces ready to wear clothes and leather accessories.
Santo Versace was born in Reggio Calabria, Italy in December 1944. Every item on this page was chosen by a Town & Country editor. Donatella Versace would be the only major shareholder not to make the billionaires list - Photo... [+] credit: Wikipedia. Gianni Versace was one of the fashion world's most iconic characters, known for his lavish gold and animal-print designs.
You may opt-out by. How much money is Versace Dos worth at the age of 19 and what’s his real net worth now? They use the same models in their ads and runway. As of November 2020, Versace net worth is around $3 billion. (After the acquisition, Michael Kors Holdings Limited will change its name to Capri Holdings Limited.
Allegra Versace Net Worth: Allegra Versace is an Italian fashion heiress who has a net worth of $900 million.Allegra Versace was born June 30, 1986 in … Before 2009 he was a member of the People of Freedom Party. Versace died at age 50, leaving half his fashion empire to his niece, Allegra. "Looking at other press reports on the Versace sale, particularly at the WSJ, it seems to me like €250 million for a 20% stake makes much more sense," explained Howard Feller, partner at MMG, a banking and consulting firm specialized in fashion.
All Rights Reserved, This is a BETA experience. Past experience suggests a global luxury brand should command a 12 to 14 times ebitda multiple, Feller said. A look into Judy Ann Santos's net worth, money and current earnings. He spent his childhood outside of his hometown with his older sister, Allegra Versace, who works as a director of Gianni Versace S.p.A. Romeo Santos has gained huge popularity in the world of music. From October 2011 to March 2013 he was a member of the Parliamentary Commission for Finance. Their can-do attitude leads to success in pretty much any industry. Forbes reached out to the Financial Times regarding their numbers. This brand is known for its unique designs over the years, the company was acquired by Michael Kors Holdings for $2.12 billion in December 2018, but kept Donatella Versace as the head of creative designs. Italy’s state-owned private equity fund is reportedly in advanced talks to purchase a 20% stake in luxury fashion retailer Gianni Versace, which would result in several members of the designer’s family joining the ranks of the billionaires.
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