Gianni Versace was a fashion designer from Italy who founded the international fashion company “Versace” which produces various fashion products, accessories, make-up, and clothes. He also designed clothes and costumes for movies and theatre. Today, let’s learn more about the career, biography, and net worth of Gianni Versace in 2018.
Early Life & Biography:
Giovanni Maria Versace was born on 2 December 1946, in Reggio Calabria, Italy. He had an elder brother and a younger sister. His mother was a dressmaker. Versace was highly influenced by the ancient Greek history and went to the “Liceo Classico Tommaso Campanella” to study Latin and ancient Greek.
At a very young age, he started working at his mother’s sewing business along with a dozen of other seamstresses. At the age of 26, he moved to Milan to work as a fashion designer.
In 1982, Versace met his partner Antonio D’Amico who was a model and fashion designer. They were together until he was murdered outside his home in the year 1997. Versace was also known for doting on his nieces and nephews.
Career, Awards & Nominations:
Giovanni Versace started his career in the year 1973 as the designer of a successful Genny’s youthful line “Byblos”. A few years later he presented his first signature collection for women. In the same year, he organized his first fashion show. In 1978, he opened his first boutique in Milan’s Via Della Spiga.
Soon after opening his boutique he started gaining popularity in the international fashion scene. He made his brother Santo the President and sister Donatella the Vice-President of the company.
In 1982, he invented a type of super-light chainmail which was known as the “Oroton”. Most of his designs were inspired by the ancient Graeco-Roman art.
In the same year, he started expanding his business into jewelry, designing luxury furnishings, textiles and many more. In 1989, Versace expanded his company into “haute couture”.
He was also a collaborator at the La Scala Theatre Ballet and used to design costumes for various shows. He has also designed costumes for the Béjart Ballet productions. In 1990, he designed for the San Francisco Opera’s production of Capriccio.
Net Worth & Earnings:
He had an estimated net worth of more than $120 million. This huge net worth was the result of his successful fashion company and his 130 boutiques all over the world. In his will, Versace left a lifelong pension of US$26,000 per month to his partner D’Amico. She also has the right to live on any of his houses in Italy or United States. He has also left 50% of his company stake to his niece, Allegra Versace.
Gianni Versace was considered as one of the most renowned fashion designers in the world. He was the first designer to link the music and fashion industry together. More than 2000 people attended his funeral including Diana, Princess of Wales. He also made the guest appearance in many short films and television shows including Catwalk, Look and VH1 Fashion and Music Awards.