Versace is a trademark name in the world of fashion. The CEO of Versace, Donatella Versace is no mystery to fans of art and fashion. With a billion-dollar luxury empire, she is one of the few women who has made her mark in the fashion industry. She has worked not only as a CEO but also as a chief creative officer and artistic director of Versace. The legend has a list of accolades to her name. Continue reading to learn more about Donatella Versace net worth, her famous works, and other significant details.
Donatella Versace Net Worth
Currently, Donatella Versace net worth amounts to $400 million. In 2018, she sold the company to Michael Kors for $2.12 billion. After her beloved brother Gianni Versace, the head of Versace was murdered by a disturbed fan, she took over 20% of the company. This was around $280 million. Her uncle too maintained 30% of the shares. Her daughter, Allegra was given 50% of the control. This amounted to $700 million. As Allegra then, was a minor, the company was handled by Donatella and her uncle.
Donatella’s 15,000-square-foot lakefront mansion in Northern Italy, bought in 2019 accounts for $5,300,000. When it comes to her new company, Capri Holdings Ltd., it is calculated at $177,000,000. Versace’s Luxury retailer is estimated for 20% with a share of $ $921,500,000. The entire value brand of Versace comes at around $5,760,000,000. The assets at the Versace Fashion House amount to $12,350,000. Finally, her own salary from Versace comes to around $8,600,000.
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Donatella Versace’s Popular Works
Her most popular art with Gianni was portrayed in a special exhibition named “Versace at the V&A”. She is famous for her most stunning attire on the performer Jennifer Lopez. In the 2000 Grammy Awards, singer Lopez adorned the deep-cut chiffon dress. In a matter of 24 hours, the Internet went crazy over the dress. The dress’s website image was downloaded 640,000 times. This legendary dress was then worn by several other prominent actors such as Trey Parker. She has been portrayed in several films by many iconic actresses such as Penelope Cruz, Maya Rudolph, and Gina Gershon.
Glamour magazine named her the “Fashion Designer of the Year” in 2012 and 2016. She also received “Woman of the Year” in 2010. Among her other accolades are the 2008 FGI Superstar Award. She bagged the title of first woman to win the Designer of the Year Award at the “GQ” in 2018.
Donatella Versace’s Life and Marriage
The icon was born on May 2, 1955, in Italy, to Francesa and Antonio. Sharing three older siblings, she was the closest to Gianni. She learned the ropes of fashion from her mother, followed the tutelage from her brother, and groomed herself. In 1973, she attended University but would come often to help her brother in his business. In 1983, she married the American model, Paul Beck. They welcomed their daughter Allegra in 1986, and their son Daniel in 1989. They parted ways in 2000. She remarried again in the year 2004 to Manuel Dallori. However, their marriage was short-lived as it only lasted a year. She was most affected by her brother’s demise and also fell ill to drug addiction due to it.
Nevertheless, she did attend rehab later and reconciled with her work. She has been known for her impeccable taste in fashion and for designing popular attires for actors and performers across the globe. She has designed for Madonna, Nicki Minaj, Demi Moore and others.
