Donatella Versace Net Worth: Italian fashion designer Donatella Versace has a net worth of $400 million. She is Gianni Versace’s daughter. After the designer Gianni Versace died too soon in 1997, his younger sister Donatella took over the family business, Versace. Donatella is the third and last child. She was the CEO, chief creative officer, and artistic director of Versace before Michael Kors bought it in 2018 for $2.12 billion. She was also the chairman of the board and CEO of the company.
Versace was involved in making both the Palazzo Versace Australia resort and the Palazzo Versace Dubai resort. In 2005, she made a MINI Cooper Cabrio for the Life Ball charity event, which raised money for the American Cancer Society.
After Gianni was killed by a crazy fan in 1997, Donatella’s daughter Allegra got a 50% share of the Versace fashion empire, which she has since grown. Donatella got a 20% stake in the business, and her uncle Santo, who is Gianni’s brother, got a 30% stake in the business. Donatella and Santo took care of Allegra after her uncle was killed. Allegra was only 11 years old when her uncle was killed.
Career of Donatella Versace
Donatella Versace, when she was young, wanted to work in Gianni Versace’s company in the PR department. However, Gianni Versace saw her as an important critic and muse, so when he started his own company, Versace, in 1978, he made her Vice President of the company. During the 1980s, Donatella was a big part of putting together Versace’s fashion shows and ad campaigns. Gianni gave her a fashion label called Versus and made a perfume called Blonde in her honour.
Gianni was diagnosed with cancer in the middle of the 1990s, and Donatella became more involved in the business. After Gianni died in 1997, Donatella was made head of design at Versace. Many famous people, like Madonna, Demi Moore, Courtney Love, Nicki Minaj, and others, have been in advertising campaigns for Donatella Versace. The Victoria and Albert Museum in London put on a special show called “Versace at the V&A” from October 2002 to January 2003. The show featured some of Gianni and Donatella’s best-known designs.
Donatella is best known for the low-cut silk chiffon dress Jennifer Lopez wore to the 2000 Grammy Awards. Within 24 hours of the event, more than 640,000 people had downloaded photos of the dress from the Grammy website. Later that year, the creator of the animated show “South Park,” Trey Parker, wore a copy of the famous dress to the Academy Awards.
“Donatella,” which is on Lady Gaga’s 2013 album “Artpop,” is a song she wrote for Donatella. Maya Rudolph (“Saturday Night Live”), Gina Gershon (“House of Versace”), and Penelope Cruz (“American Crime Story: The Assassination of Gianni Versace,” among others) have all played Donatella in movies and TV shows. “Versace,” Donatella Versace’s autobiography, came out in 2016. It tells about her life and career, as well as the history of the brand.
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Personal Life of Donatella Versace
Before getting divorced in 2000, Donatella had been married to American model Paul Beck since 1983. They had two children together, Allegra Versace in 1986 and Daniel Versace in 1989.
Court records show that Versace married Manuel Dallori in 2004, and that the couple split up the next year. Andrew Cunanan killed Gianni in July 1997, which Donatella was very upset about. She was in a state of shock for a long time after that. After the death of her beloved brother, she became addicted to drugs and went to a rehab centre in 2004 to get help.
Donatella Versace Net Worth
Italian fashion designer Donatella Versace has a net worth of $400 million.
Donatella Versace Property
Donatella Versace paid about 5 million euros ($5.6 million) in 2019 for Villa Mondadori, a 15,000-square-foot mansion in Meina, Italy. The 4-story house has 50 rooms, including 20 bedrooms and 12 bathrooms, and looks out over Lake Maggiore.
Donatella Versace Past
Donatella Francesca Versace was born in Reggio di Calabria, Italy, on May 2, 1955. She grew up with her mother Francesca, a dressmaker, and her father Antonio, a salesman, and her three older brothers and sisters, Gianni, Santo, and Tina. Tina died of tetanus when she was only 12 years old.
Francesca taught Gianni and Donatella how to design clothes, and Gianni made Versace start dying her hair blonde when she was 11 years old. Donatella went to the University of Florence in 1973. She planned to become a teacher, so she majored in foreign languages. She went to Milan a lot while she was in college to help Gianni with his clothing business.
Awards of Donatella Versace
Versace was named Fashion Designer of the Year by “Glamour” magazine in 2012 and 2016. In 2010, “Glamour” magazine also named her Woman of the Year. In 2008, she won the FGI Superstar Award. In 2017, she won the Fashion Icon of the Year Award from the British Fashion Council. She has also won a lot of other awards.
As a result of what she did in 2018, Donatella became the first woman to win Designer of the Year at the “GQ” Men of the Year Awards in both the UK and China. She was also given the Fashion Icon award at the “GQ” Awards in Berlin. In 2018, she was also given the International Award by the Council of Fashion Designers of America. The Green Carpet Fashion Awards gave her the CNMI in Recognition for Sustainability Award, which she accepted.