Michael Kors launched his eponymous brand in 1981, and three years ago the designer, entrepreneur and former Project Runway judge took the company public. This week, when Michael Kors Holdings reported a 59% revenue increase, the stock skyrocketed—and so did Kors’ net worth. Of course, he isn’t the only fashion mogul making bank. Check out a rundown of other fashion business billionaires below:
Domenico Dolce and Stefano Gabbana, Founders of Dolce & Gabanna
Brand Launched: 1985
Billionaire Birthdate: January 2013
Signature Items: Corsets, leopard print
Friends in High Places: Victoria Beckham, Madonna, Silvio Burlusconi
Humble Billionaire Brag: “Three times a week after my workout I get a massage,” Stefano Gabbana tells Harper’s Bazaar
Sara Blakely, Founder of Spanx
Brand Launched: 2000
Billionaire Birthdate: March 2012
Signature Items: Slimming shapewear like “Tight-End Tights” and “Power Panties”
Friends in High Places: Jennifer Garner, Oprah
Humble Billionaire Brag: This line in a Vogue profile: “I’ve always leaned toward a feminine, funky style, even in business settings,” she admits. “I used to paint my nails blue in 1993, before it was mainstream.” So unpretentious is Blakely’s philosophy that she once paired an edible candy necklace with a Dolce & Gabbana evening dress.
Tory Burch, Founder of Tory Burch
Brand Launched: 2004
Billionaire Birthdate: January, 2013
Signature Items: The “Reva” ballet slipper, bright patterned tunics
Friends in High Places: Oprah, Hilary Swank
Humble Billionaire Brag: This helicopter ride
Ralph Lauren, Founder of Ralph Lauren
Brand Launched: 1967
Signature Items: Preppy polo shirts, tweed blazers
Friends in High Places: Nacho Figueras, Sarah Jessica Parker, Gwyneth Paltrow
Humble Billionaire Brag: This Bugatti
Giorgio Armani, Founder of Armani
Brand Launched: 1975
Billionaire Birthdate: 2002
Signature Items: Impeccably tailored trousers and suits
Friends in High Places: Beyoncé, Cate Blanchett, Alicia Keys
Humble Billionaire Brag: His Saint Tropez-docked yacht
Alain and Gerard Wertheimer, Owners of Chanel
Launched: 1909
Signature Items: Quilted leather bags, Chanel No. 5 perfume
Friends in High Places: Keira Knightly, Kate Moss, Brad Pitt
Humble Billionaire Brag: They own a Bordeaux estate.
Tommy Hilfiger, Founder of Tommy Hilfiger
Brand Launched: 1984
Signature Items: Cable-knit sweaters, preppy Americana
Friends in High Places: David Bowie, Bruce Springsteen
Humble Billionaire Brag: His $80 million penthouse at The Plaza
Renzo Rosso, Founder of Diesel
Brand Launched: 1978
Billionaire Birthdate: March 2013
Signature Items: distressed-style denim
Friends in High Places: Nicola Formichetti, Kanye West
Humble Billionaire Brag: This vintage car
Nicolas Puech, Owner of Hermès
Brand Launched: 1837
Billionaire Birthdate: October 2012
Signature Items: Kelly and Birkin handbags, silk scarves
Friends in High Places: Katie Holmes, Kim Kardashian
Humble Billionaire Brag: His gorgeous white horse
Patrizio Bertelli and Miuccia Prada, CEO and Designer of Prada
Brand Launched: 1913
Billionaire Birthdate: 2006
Signature Items: Nylon handbags with a triangular metal tag
Friends in High Places: Carey Mulligan, Nicolas Sarkozy
Humble Billionaire Brag: Their home in the Swiss Alps
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