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Marc Jacobs Net Worth

Marc Jacobs Net Worth 2020

Marc Jacobs is a famous fashion designer from America who is the owner and head designer of the fashion label, “Marc Jacobs”. He was also creative director of the popular French fashion house “Louis Vuitton”. Jacobs was included in the list of “100 most influential people in the world” by the TIME Magazine in the year 2010.

Early Life & Biography:

Marc Jacobs Net Worth 2020

Marc Jacobs was born in New York, the U.S. on April 9, 1963, in a Jewish family. His father died when he was seven years old.

He was brought up by his paternal grandmother in Manhattan. He went to the High School of Art and Design and later attended the Parsons School of Design which is located in New York.

While he was in college, he won the Design Student of the Year Award. Jacobs also received an award from the “Council of Fashion Designers of America” in the year 1991.

Personal Life:

Marc Jacobs is gay and his dating model Charly Defrancesco for quite some time now. On April 2018, he proposed his boyfriend by organizing a flash mob at the Chipotle restaurant.

Career, Awards & Nominations:

Marc Jacobs started his career very early at the age of 15 when he worked as a stock boy for the clothing boutique, Charivari. He designed his first collection of hand-knit sweaters for Reuben Thomas, Inc.

Along with his business partner Robert Duffy, he founded his own company “Jacobs Duffy Designs” in the mid-1980s.

Jacobs became the youngest designer to win the prestigious Perry Ellis Award in the category of “New Fashion Talent” in 1987.

The following year he joined the designing company Perry Ellis as the creative director of the women’s unit. In 1992, he was given “The Women’s Designer of the Year Award”.

Jacobs founded his own design company “Marc Jacobs International Company” and produced a collection of menswear the following year. He has also worked with many popular artists including Richard Prince, Kanye West, Takashi Murakami, and Stephen Sprouse.

In 2001, Jacobs launched his secondary clothing line “Marc by Marc Jacobs”. In 2011, he was appointed as the creative director of the luxury goods company “Christian Dior”.

Jacobs has received several awards and recognition in his illustrious career including Accessory Designer of the Year (2005), Menswear Designer of the Year(2002), Lifetime Achievement Award (2011),

Net Worth & Earnings:

Marc Jacobs has an estimated net worth of more than $120 million. This huge wealth is the result of his successful career as a fashion designer.

His company has more than 285 retail stores in more than 60 countries. Apart from running several clothing lines of his own, Jacobs is also the creative director of many other luxury goods company including LVMH, Louis Vuitton, and Christian Dior.

Jacobs also owns a body-splash fragrances line which is distributed by the multinational beauty company Coty, Inc.

Marc Jacobs is considered one of the most popular and renowned fashion designers in the world. He started his career very early and had worked hard to achieve his dream. Jacobs was ranked 14 in the list of “50 Most Powerful Gay Men and Women in America” by the LGBT fashion magazine, “Out”.