Fashion’s Wealthiest: Top 10 Richest People of 2016

London - “I think that fashion has become such a big business and with globalisation we are on new territory at this point. We are not just designing for a country we are designing for a world now,” said American fashion designer Anna Sui in an interview with CNN in 2006. Ten years later, and the business of fashion continues to boom. Fashion is big business, and big business means big bucks. But just how big is big? Globally, the fashion industry is currently worth approximately 3 trillion US dollars and is said be the world’s largest employer. So it should come as no surprise that some of the wealthiest people in the world have made their riches in the fashion. For example, the world’s second richest man, Amancio Ortega, managed to transform his first humble store Zara into a multi-million dollar company in a little over 4 decades. But which other entrepreneurs managed to turn their fashion brand into a international conglomerate?


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Amancio Ortega
Bernard Arnault
LVMH
MULTIMEDIA
Rich List