Quick Facts of
- First NameDonatella
- Last NameVersace
- Net Worth$ 400 million
Donatella Versace is regarded as one of the most prominent names in fashion today. Currently, the fashion icon is a Vice-President and chief creative designer of Versace Group, the most successful multinational fashion holding company in the world. She acquired larger roles in the company after her elder brother Gianni’s untimely death in 1997.
Upon his demise, Versace inherited 20% of the company. Spending childhood along with two major fashion influences, her doting mother Francesca Versace was a known dressmaker while her older brother Gianni Versace was a budding designer, Donatella briefly involved in her late brother’s business since the late-1970s.
Versace was designated as the designer for its Versus line in the 1980s and is the public face of the brand since Gianni’s murder in 1997.
What Is Donatella Versace’s Net Worth In 2020?
According to Celebrity Net Worth, Donatella Versace as an estimated net worth of $400 million as of 2020. One of the iconic faces belongs to the world of fashion Versace has collected the majority of her wealth from her family business.
In Dec 2000, Donatella was paid $8.6 million from the company. She spent $20 million on Versace’s spring/summer 2005 ads. The estimated value of the assets of the Versace fashion house was $12.35 million as of Dec 2006.
In Dec 2013, the Versace brand was valued at $5,760,000,000. As per the same data, Versace’s 20% stake value in the company was around $921,500,000.
As of now, Donatella serves as both the company’s chief designer and vice president, the positions she got when her brother Gianni lose his life tragically on 15th July 1997 after he was shot outside the re-constructed Casa Casuarina, in Miami, Florida.
The highly-publicized crime and manhunt also led the Versace family to move to a secluded private resort nestled in the Caribbean for some time.
Versace Was Sold To Capri Holdings For $2.12 Billion
The multinational fashion holding company, Capri Holdings, acquired all outstanding shares in Versace for roughly $2.12 billion on 25th September 2018. But, Donatella’s partnership and shares in the newly created company remain worth is around $177 million as of 2018.
On the other hand, Versace is a popular face on social media with having +5.1 million Instagram followers. She frequently shares promotional posts featuring models like Kylie Jenner, Kendall Jenner, Jennifer Lopez, Kim Kardashian, and more.
Donatella Versace has been a part of a number of charitable foundations. In Sep 2009, Versace met dozens of youngsters after visiting the Art Unites program at the Whitney Museum of American Art in N.Y.C.
She provided art supplies to children and created a kind Versace tote which sold for $250 per piece., with proceeds going to Children’s Foundation and the Jet Li One Foundation. For which, Versace also got a Do Something With Style Award nomination.
The fashion designer also supports the American Foundation for AIDS Research, Elton John AIDS Foundation, and One Foundation as well.
Versace Plunked Down $5.6 Million On Her Italian Lakefront House
In August 2019, Donatella Versace dropped $5.6 million on her vacation villa in northern Italy. As per the real estate agency Engel & Völkers Lago Maggiore, the previous owner of the property was the Italian publishing magnate Arnoldo Mondadori. The house features 20 bedrooms and 12 bathrooms.
The 15,000 sq-feet mansion also has a rich history with having a huge collection of many cultural icons like Walt Disney, Ernest Hemingway, George Simenon, and more.
On the other hand, the former Miami Beach house Gianni sold for $41.5 million at an auction in Sep 2013. President, Donald Trump was the second-highest bidder on the mansion at $41 million.
Versace owns Mini Cabriolet ($20,000).
Short-Bio Of Donatella Versace
Donatella Versace was born on 2nd May 1955 in Reggio di, Calabria, Italy to Antonio Versace, was a salesman, and Francesca Versace was a dressmaker.
Versace had an older brother Gianni Versace. Both Donatella and Gianni first honed their designing skills from their mother, who had a dressmaking business.
Talking to The New Yorker, Donatella said,
I was the baby of the family, I was so spoiled. I was the best-dressed little girl in the city.
Donatella attended a university in Florence but dropped out of college to underpin her brother Gianni’s clothing business.
Married And Children
Donatella Versace married her ex-husband, American model Paul Beck, in 1983. The two have two children, a daughter Allegra Versace Beck, born 30 June 1986 and son Daniel Versace, born in 1989.
After their divorce in 2000, Versace tied the knot with her second husband, Manuel Dallori, in 2004. Their relationship also lasted for just a year, and they divorced a year after their marriage.