Donatella Versace was born on 2 May 1955, in Reggio Calabria, Italy, and is a fashion designer considered to be one of the most successful in the world, and therefore one of the most influential.
So just how rich is Donatella Versace? Sources estimate that Donatella has an impressive net worth of over 200 million dollars, with her main source of wealth coming from the Versace Group, of which she is currently a vice president and holds 20% of the stock. Besides the income Donatella gets as a stockholder, she works as a chief designer in the company and also has her clothing line called “Versus” launched in the 1980s which contributes greatly to Donatella’s net worth.
Donatella Versace Net Worth $200 Million
Donatella had a sense of fashion from an early age, as her father was a dressmaker. It was no surprise that she was more than eager to join her brother Gianni after he established the Versace Group in 1978. Originally Donatella wanted to work in PR, but her brother saw her as a muse and valued her criticism, therefore Donatella joined Gianni as a knitwear designer and became involved in the daily routine of the fashion world. After Gianni was murdered in 1997, Donatella took the company’s wheel, and looking at her net worth today it was the best decision she ever made.
Donatella Versace transformed the company into one of the biggest fashion companies ever to exist. Donatella decided to hire well-known faces to promote Versace, so such celebrities as Demi Moore, Elton John, and Madonna graced the catwalk wearing Donatella’s creations, which created great press coverage, and thus accumulated high sums into Donatella’s net worth. Having friends in high society, Donatella promoted her creations not only on the catwalk but also on the red carpet. Such celebrities as Angelina Jolie, Milla Jovovich, Lady Gaga, and many others have walked the red carpet wearing gorgeous Versace garments. Besides clothing, Versace Group also has launched a successful line of perfume, which adds grandiose sums of money to Donatella’s net worth.
Having unlimited potential, Donatella Versace does not limit herself to only designing clothes and perfume. Donatella, using her PR skills and also her skill as a business lady, manages a successful chain of five-star hotels and has launched her jewelry collection. What is more, in 2005 Donatella tried her designer’s abilities in the car industry. She designed a MINI Cooper Cabrio which was painted in bright yellow and black colors, with seats decorated with the Versace logo. These projects, most certainly, have boosted Donatella Versace’s net worth.
What is more, Donatella Versace has added a great sum to her net worth by appearing on TV and the big screen in such projects as “Ugly Betty” alongside America Ferrera, Vanessa L. Williams, and Eric Mabius, “Zoolander” starring Ben Stiller, Owen Wilson, and Will Ferrell.
In her personal life, tragedy struck when her brother Gianni was murdered in 1997, after which she was known to become drug-reliant. Donatella married American model Paul Beck in 1986, and they have two children but are divorced. As might be expected, Donatella’s mansion in Milan, Italy is anything but simple. Elite furniture in the two-floor apartment could make an emperor jealous.
