1st Luciano Benetton & family
Net Worth: $4.6 bil
One of the founders and current Chairman of Benetton Group, one of the largest fashion retailers in the world. Group also has stakes in Autostrade, Italy's largest operator and builder of toll motorways; and Autogrill, a chain of off-highway eateries. Luciano's luxurious office, decked out in 17th-century frescoes, is dubbed Sala dei Giganti (Room of the Giants), thanks to the fresco of four chiseled men whose figures run up the walls and across the curved ceiling.
2nd Giorgio Armani
Net Worth: $4.1 bil
Famed 71-year-old clothing designer not close to retirement. Too busy making deals around the globe. Recently lent Armani moniker to perfume, baby clothes, home decor, $10,000 Prive Borgo watches and hotels going up in the Middle East. Plans to open 20 new AX Armani Exchange stores in China by 2008 through a joint venture. Also on tap: stores in Japan and Central and South America.
3rd Ralph Lauren
Net Worth: $3.6 bil
Russian immigrant parents found refuge in the Bronx; young Ralph worked day jobs at department stores. Left business school to design ties for Beau Brummel. Launched Polo in 1967 with $50,000 loan. Built reputation on classic preppy styles. Today Polo designs everything from socks to sofas. Recent moves: bought back licensing rights from Reebok to sell luxury footwear; became exclusive apparel sponsor for the U.S. Open through 2008. Owns ranch in Colorado, island retreat in Jamaica.
4th Jean-Louis Dumas & family
Net Worth: $1.5 bil
A direct descendant of company founder Thierry Hermès, Jean-Louis Dumas is today the chairman of the Paris-based Hermhs luxury-goods company. He's running a tight ship there, with revenues rising–even during the economic doldrums of 2002–and the stock down only moderately over the past year. A hands-on manager who has personally recruited designers to the firm, Dumas is also an active equestrian in his time off.
5th Prada, Miuccia Bianchi
Net Worth: $1.4 bil
The woman: The youngest granddaughter of Prada founder Mario Prada, she and her husband, Patrizio Bertelli, took over the family-owned luxury goods manufacturer in 1978. Since then, they've turned it into a fashion powerhouse, acquiring Jil Sander, Helmut Lang and shoemaker Church & Co. The fortune: Family owns 100% of the privately held group, which posted revenues of $1.4 billion last year.
Sunday, October 08, 2006
Top5 Richest Fashion Designer
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