Stefano Gabbana net worth

Stefano Gabbana was born on November 14, 1962 in Milan, Lombardy, Italy and is a fashion designer best known as co-founder of the luxury fashion house Dolce & Gabbana alongside Domenico Dolce. He is considered one of the most influential fashion designers of all time and all of his efforts have helped make his fortune what it is today.

How rich is Stefano Gabbana? Sources tell us in mid-2017 they had a net worth of $ 1.7 billion, mainly earned from success in the fashion industry, producing numerous designs, and hosting many fashion shows. He has helped his company expand globally and as he continues his career his fortune is expected to keep growing.

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Stefano Gabbana net worth of $ 1.7 billion

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Stefano attended the Istituto Superiore per le Industrie Artistiche in Rome. In 1980 he met Dolce through the designer Giorgio Correggiari, and three years later the two started working independently, which eventually led to the establishment of Dolce & Gabbana SpA (D&G) in 1985. They made their fashion show debut in Milan Collezionis New Talents. and released their first collection called “Real Women” the following year. The first D&G store was opened in 1987 and a partnership with the production company Dolce Saverio was entered into in the following year. The company’s popularity grew rapidly, and so did its fortune.

They expanded to hold fashion shows in different parts of the world such as Tokyo and New York. They also worked on new collection lines, including beachwear, men’s clothing, and lingerie. In 1990 they opened their showroom in New York City and also released their first fragrance, Dolce & Gabbana Parfum.

In 1993 Dolce & Gabbana found further success after being selected by Madonna for their costumes on the “Girlie Show World Tour”. This has resulted in them attracting more celebrity clients like Angelina Jolie and Monica Belluci, which has certainly helped grow their net worth. They have also expanded to include more products such as sunglasses, belts, shoes and watches, and sell more products in Italy than rivals Gucci, Armani and Versace. In 2009 it was reported that the company operates around 113 stores and 21 factory outlets with annual sales of over 1 billion euros.

Thanks to the success of D&G, Gabbana and Dolce have received numerous awards. Her first fashion award was the International Woolmark Prize in 1991. The Dolce & Gabbana perfume was again the best fragrance of the year in 1993. In 2009 they received the Ambrogino Gold Medal from the City of Milan.

For his personal life it is known that Gabbana and Dolce were a couple for several years. They had several properties together but ended their relationship in 2005. Even so, they still work together at D&G. Stefano is the 27th richest person in Italy, as Forbes reported in 2015. He also had his share of problems as he was convicted of tax evasion but was eventually released on an appeal on her case. In 2015, he also clashed with singer Elton John due to a different point of view on in vitro fertilization.

Stefano Gabbana Net Worth first appeared on Net Worth Post.

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