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Karl Lagerfeld Net worth

Karl Lagerfeld Net worth

Karl Lagerfeld Net worth

Capital: € 400 million
Age: 85
Born: 10.09.1933
Died: February 19, 2019
Country of origin: Germany
Source of wealth: Entrepreneurs
Last updated: 2022

Short introduction

Karl Lagerfeld is one of the most famous German fashion designers and is considered an icon of the fashion world. The trademark is her white pigtails, sunglasses and white shirts with high collars.

The name Lagerfeld is closely related to the fashion channel company, but his artistic work and entrepreneurship far beyond the French fashion label.

Youth

There is a statement that conflicts about the date of birth. As stated in the announcement of birth, Lagerfeld was born on June 10, 1933 in Hamburg. However, he circulated various information about his date of birth, which he said he would be a few years younger.

Lagerfeld grew up with his three -year -old sister Christel and a stepbrother from the father’s side in a rich condition. His father, Otto Lagerfeld, has a Glücksklee condensed milk factory, which makes it a rich hamburg citizen.

In the city of Hanseatic, the family lives in a villa in the Blakeneser Elbhangufer, where the young Karl spends his childhood and young period. His father also had a manor in Bramstedt Bad in Schleswig-Holstein, where the family also lived for years. Karl Muda attended Jürgen Fuhlendorf Realschule there, but left in 1951 without a title.

As a student, Lagerfeld is interested in fashion images and is considered artistically talented. His unconventional mother promoted her talent and moved to Paris with her son in 1952, where she graduated from the famous Lycée Montaigne.

Career

His career as a fashion designer began in Paris in 1954 with a competition from the International Woolmark Secretariat, which he won in the Coats category. Another competition winner was Yves Saint Laurent, who won prizes for the design of his dress, and the judges including Christian Dior and Hubert De Givenchy.

This award opened the door to the Paris fashion scene for Lagerfeld. This was followed by a job as a personal assistant of French fashion entrepreneur Pierre Balmain, where he also completed a sewing internship.

In 1957 Lagerfeld moved to the label fashion Jean Patou as an artistic director. A few years later he went to Italy and began to make a name for himself as a free fashion consultant and stylist. During this time he had designed for famous labels such as Valentino, Charles Jourdan and Chloé, where he became a creative director in 1964.

During this time, Lagerfeld also works for Fendi, whose fur collection will be modernized.

Career spotlight

Lagerfeld reached international fame when he was appointed as the head of French fashion company designer Chanel in 1983. He helped the fashion label, who was devastated at the time, to become famous again and thus became a famous star in the fashion world.

A year later, the 51-year-old designer also opened his own fashion company with a shop in Champs-Elysées with his own name. The label initially only had moderate success and Lagerfeld sold the right to the brand in 1987. Now there are several fashion lines for the label, and although he no longer has it, Lagerfeld himself has repeatedly designed a collection for the brand.

After moving to Chanel, Lagerfeld continued to design collections for other main fashion brands and temporarily continue his work as an artistic director for the Chloé label. In addition to the design for luxury brands, Lagerfeld also offers its own fashion lines in segments at low prices, for example for quelle letters and Swedish H&M fashion groups.

Karl Lagerfeld died on February 19, 2019 on the outskirts of Paris Neuilly-Sur-Seine.

Famous quote

“I hate the word cheap. People are cheap, but clothes are expensive or cheap “.

“Standing in the assembly path is work. What I do is a recreation activity with a professional background “.

“Anyone who deceives me must know that forgiveness is not part of my vocabulary.”

“I also don’t know stress. I only know Rhinestones. I am in the fashion industry “.

“The money must come out of the window so that it can return to the door”.

“Whining the cloth does not move anything. Pity yourself out “.

“Only a boring head believes that success is a permanent condition”.

“I advise people not to see so many things on your iPad, because that way you will lose your imagination! I personally close my eyes and can watch my own film for hours “.

Tips for success

Lagerfeld sees the secret of his own career success in discipline and toughness. When he once revealed in an interview, it was a persistent hard work and an impolite iron determination that made him successful.

On the other hand, he discovered sentimentality and self -estimation as a barrier for success. Also, money never played a major role for him. Calmly, he saw it as a way needed to be able to spend time.

The confidence of his artistic work was never satisfied and always tried to improve. In addition, Lagerfeld also repeatedly emphasizes how important it is not to consider yourself too serious and maintain an attitude of self -irony.

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