The 20 Richest Fashion Designers in the World (Updated 2022)

The world of fashion is not just a realm of glamour and style; it’s also a stage for immense financial success and business acumen.

Summary

The richest fashion designers have not only set trends and defined eras with their creative designs but have also built impressive empires that reflect their status as industry moguls.

These icons of fashion have managed to translate their artistic vision into lucrative brands that resonate with consumers across the globe, earning them spots on the list of the wealthiest individuals in the industry.

In this exclusive list, we unveil the top 20 richest fashion designers, each with a net worth that reaches into the millions and even billions.

These designers have revolutionized the fashion landscape, influencing how we dress and perceive style, all while amassing fortunes that are as impressive as their collections.

From haute couture to ready-to-wear, these individuals have diversified their portfolios, embracing the business side of fashion with the same zest they bring to the runway.

Join us as we explore the financial fabric of the fashion world, shining a light on the designers whose creativity and entrepreneurship have earned them a place among the richest in the industry.

20.Rick OwensRick Net Worth : $5 Million USD

Born on 18 November 1961 in Porterville, California having a worth of $1.7 Million with such great gross she put her name on the list of the 20 richest fashion designers in the world.

Started his brand in 1994 after dropping out of his “College of Art and Design in LA.”. He starts his label selling exclusively to “Charles Gallery”.

This owns an exclusive boutique in West which is known to carry designer first. In 1999 he landed his line in Barneys and never look back to his past. He establishes the company in Paris.

In the year of 2013 Carpenters, Galley is an exhibit in London. Richest Fashion Designers in the World

19.Monique LhuillierMonique Net Worth : $20 Million USD

She is mostly known for her wedding dressing and having a net worth of $20 Million per year.

She starts his design house in 1996 with her husband. With her skills and hard work, her home becomes the top leading fashion house.

She is born on 15 September 1971 in Cebu City, Philippines. She is even internationally recognized as one of the foremost designers.

Her designer house name is “Eponymous”. Celebrity wears her dresses on special occasions. The Council of Fashion that is of America which held in 2003.

In this council, she is invited as a member of it. Philippine President Gloria Macapagal-Arroyo gave her the “Medal of President Merit”. This medal is achieved by her in the year 2006.

18.Zac PosenZac Net Worth : $30 Million USD

An American fashion designer with a gross of $30 Million with such a great total she put her name on the list of the 20 richest fashion designers in the world.

He appeared for his first fashion show held in 2002. Zac is just 21 years old when he presents his first fashion show as a young designer.

He is born on 24 October 1980 in New York City. Zac evening wear is way famous and the mermaid Esque gowns also.

Posen niche to be very adorable clothes for Posen’s beautiful friend. Posen dresses are way pretty on the red carpet that why many celebrities wear them.

17.Betsey JohnsonBetsey Net Worth : $50 Million USD

She is better known for her punk Rainbow Bright design and having a worth of $50 Million. She is born on 10 August 1942 an American fashion designer.

Johnson starts her career by opening a boutique in Soho. She also is best known for her feminine and whimsical design.

A lot of her designs consider being “Over The Top”. Betsey is also famous for doing a cartwheel at the end of her fashion show.

The competing celebrity of the 19th season of the great dancing show of America “Dancing With The Stars”. This is declared on the 4th of September in the year 2014.

16.Alexander WangAlexander Net Worth : $90 Million USD

Appear in 2007 with complete women ready to wear collection in New York. He is born on 26 December 1983 and an American fashion designer and former creative director of “Balenciaga”.

He has 2 labels name “Alexander Wang” and “T by Alexander Wang”. Wang has a massive gross of $90 Million with such great gross he put his name on the list of the 20 richest fashion designers in the world.

He also launched a handbag collection in 2009 for women. In 2009 he received CFDA’s “Swarovski Womenswear Designer of the Year” award.

See More Ri9ch Personalities:

Dan Bilzerian, 20 Richest Host Which Is Highly Paid, Marcus Lemonis, Wilfred Benitez

15.Marc JacobsMarc Net Worth : $100 Million USD

Ahead design for his label “Marc Jacobs” and “Marc By Marc Jacobs” having a gross of $100 Million.

He is an American fashion designer. Both labels are a diffusion line of over 200 stores in 80 countries.

Jacobs is the director or the creator of the “French Design House”. He also appears on Time Magzine “2010 Time 100”. Marc came on the list of the 100 most influential people in the world.

He ranks 14 on OUT magzine4 2012 list of 50 most powerful men in America.

The limit of his worth reaching the height of the sky and putting his name on the list of 20 richest fashion designers on the entire planet.

14.Oscar de la RentaOscar Net Worth : $200 Million USD

His full name is Óscar Arístides Renta Fiallo, but professionally he is known as Oscar de la Renta.

Renta is born on 22 July 1932 in Santo Domingo, having a gross of $200 Million with such great gross she put her name on the list of the 20 richest designers in the world. He is an American fashion designer.

Renta got his training from “Cristobal Balenciaga”. He is better known internationally as one of the designers who design for Jacqueline Kennedy.

He also wins the award for her design and his fashion house make dresses for the leading figures or celebrity of films and royalty.

Such money makes his name on the list of the 20 richest fashion designers in the world.

13.John VarvatosJohn Net Worth : $120 Million USD

Having a label name as “John Varvatos” with a gross of $120 Million. He is a contemporary American designer. He entered the designer field in 2000.

With the step in the designer industry, he introduces edgy, American rock and rolls flair to meet tailor menswear. His main aim to inspire each man and to tell the man not to be afraid of fashion.

Even some of the celebrity love to wear his design clothes. This man receives various awards in which the CFDA award is included.

This award stands for Council of Fashion Designers of America, and this is achieved in the year 2000.

In the same year, he also wins the “Perry Elis” award.

12.Kate Spadekate Net Worth : $200 Million USD

She starts his career when she realizes that there is a massive market for the handbag and it needs to be filled.

Her full name is Katherine Noel Frances Valentine Brosnahan Spad but better known as Kate Spade having a gross of $200 Million.

With such high gross, she put her name on the list of the 20 richest fashion designers in the world.

She born on 24 December 1962, she is an American businesswoman and fashion designer. She is the co-owner of the brand “Kate Spade New York”.

Later on, she launches a new brand in 2016 name “Frances Valentine.”

11.Tom FordTom Net Worth : $500 Million USD

Better known as the successful creative director of Gucci with a gross of $500 Million. His full name is Thomas Carlyle “Tom” Ford born on 27 August 1961.

He is an American film director, designer, film producer, and screenwriter. Tom launched his luxury brand in 2006.

He received a various awards like the Academy Award-nominated from the films “A Single Man” and “Nocturnal Animals”.

This man receives a larger amount of awards in his life these are like as of 2016. This man achieves Satellite Auteur Award at, Venice Film Festival.

In the year 2015, he achieves the Menswear Designer of the Year award.

10.Anna SuiAnna Net Worth : $600 Million USD

One of the top 5 fashion icons of the decade. She is famous for her professional designs and bright use of colors that she says stem of her childhood is having a gross of $600 Million with such great total she put her name on the list of the 20 richest designers in the world.

She born on 4 August 1952 and is a fashion designer from Detroit. In 2009 she earned the Geoffrey Beene lifetime achievement award.

Her fashion line includes various items of footwear, fragrances, eyewear, cosmetics, accessories, jewelry, and home goods.

9.Badgley MischkaBadgley Net Worth : $500 Million USD

An American fashion label designed by “Mark Badgley” and “James Mischka”. Mark Badgley and James Mischka have been developing both together since 1988 and had a gross of $500 Million.

This amount makes its way to the heights of the sky and leads his name came on the list of 20 richest fashion designers on the planet.

The design mostly stylish evening wear that is embellished with luxurious detailing.

Their clients are also some celebrities and on the list of client presidents daughters are also included.

Every woman who wants to look stylish and different wears Badgley Mischka.

8.Donna KaranDonna Net Worth : $500 Million USD

Also known as “DK” an American fashion designer and the creator of the Donna Karan New York has a gross of $500 million. She also the creator of the label “DKNY’ clothing label.

She debuted first in 1985, and she presents the concept of “seven easy peace”. Those designs are portable can be used easily for seven days.

Those designs could mix or match and can be worn differently every day. She did not stop here she also produces jeans for men wear with a label of “DKNY Men”.

With such high gross, she put her name on the list of the 20 richest fashion designers in the world.

7.Vera WangVera Net Worth : $650 Million USD

Full name Vera Ellen Wang born on 27 June 1949 having a gross of $650 Million. This considerable amount makes his name came on the list of the 20 richest fashion designers on the planet.

She is famous for her unique wedding dresses. She made a standard for the Bridals to wear a custom-made, over the top, dress for the wedding for the big and special day.

6.Calvin KleinCalvin Net Worth : $700 Million USD

The America King Of Clothes. He starts his fashion brand back in the early 17th century when he steps into the jeans market and having a gross of $700 Million with such a great total she put her name on the list of the 20 richest fashion designers in the world.

Galvin is an American fashion house founder with his childhood friend “Barry K. Schwartz”.

He is the ultimate in fashion and design of American and giving people what they want.

5.Michael KorsMicheal Net Worth : $1 Billion USD

Full name Michael David Kors born on 9 August 1959 having a gross of $1 Billion. He is an American sportswear fashion designer.

Kors is the Chief executive and chairman of his company “Micheal Kors Holding Limited”. We can tell him a profession because he is educated from “Fashion Institute of Technology”.

A man who came into the industry with all the knowledge of fashion. His company sells men and women and ready-to-wear, accessories, watches, jewelry, footwear, and fragrance.

With massive worth which he has made him put his name on the list of 20 richest fashion designers on the planet.

4.Tory BurchTory Net Worth : $1 Billion USD

One of the top gross designers having $1 Billion in the pockets with such great gross she put her name on the list of the 20 richest fashion designers in the world.

She is the one who turns her marketing skills into a brand. Burch born on 17 June 1966 American businesswoman, fashion designer, and philanthropist.

Her design is a mix of chic and eclectic that found over 1000 department stores and boutiques. She won several fashion awards for her design.

Burch is CEO, Chairman, and Designer of “Tory Burch LLC”. She has listed as 73rd most powerful woman in the world in 2015.

3.Carolina HerreraCarolina Net Worth : $ 1.2 Billion USD

She did not start as a designer, but she was more prominent know for showing up on the best-dressed list as a socialist.

Carolina starts her design in the early 1980s by getting advice from an editor in chief “Vogue”. He told her to start designing her clothes and her having a gross of $1.2 billion.

She is known for her “Exceptional Personal Style”. Herrera also got fame for dressing various First ladies including Jacqueline and many more.

With such high gross, she put her name on the list of the 20 richest fashion designer in the world.

2.Diane von FurstenbergDiane Net Worth : $2.4 Billion USD

Best known for her iconic wrap dress. Her formal name is Princess Diane of Fürstenberg born on 31 December 1946 with a worth of $2.4 Billion.

This money put his name on the list of the 20 richest fashion designers on the planet. She is a Belgian American fashion designer.

An inspired woman with her design to embrace feminine and to feel empowered in a dress. She produces 20,000 wrap dresses in a week.

Her fashion company “Diane Von Furstenberg (DVF)” is a global luxury.

01.Ralph Lauren Ralph Lauren Net Worth : $7.3 Billion USD

The tycoon of the fashion industry has a gross of $7.3 Billion with such great total she put her name on the list of the 20 richest fashion designer in the world.

He born on 14 October 1939 an American fashion designer philanthropist, and business executive. He starts his massive empire in 1968 with a handmade line of men’s wear.

Ralph is best known for the “Ralph Lauren Corporation” a global and substantial multibillion-dollar enterprise.

His brand includes women’s fashion, fragrances, home furnishing, and everything you can imagine.

Finally, here’s a quick recap of The 20 Richest Fashion Designers in the World in 2021: