Miuccia Prada Net Worth is $2, 8 Billion
Nicknames: Maria Bianchi; Miu-Miu
Date of birth: the 10th of May, 1949
Profession: designer, co-CEO, art collector
Source of wealth: fashion, business, luxury goods
How Much is Miuccia Prada Worth?
It is always interesting to read about lifestyle and career way of billionaires. It becomes twice more interesting, if the billionaire is a woman. Miuccia Prada is just that kind of a woman – incredibly rich, very talented and ambitious. At the same time she is a mother of 2 sons and a good wife to her husband and long-term business partner Patrizio Bertelli.
Miuccia Prada net worth is estimated by Forbes as $2, 8 billion. Miuccia’s wealth comes from her work of co-CEO and chief designer of Prada Fashion House – one of the most reputable fashion brands in the world. She owns 28% stake of the brand. Prada produces different kinds of luxurious goods, starting from haute-couture clothes and ending with various accessories and lavish handbags. Do you remember great movie with Meryl Streep and Anne Hathaway “Devil Wears Prada”? Not only devil, but many celebs too prefer this brand. Thus the supermodel Petra Nemcova is a well-known lover of Prada bags. Her Prada Inside bag costs more than $3, 000.
Prada sells hundreds of such bags all over the world. Just imagine the profit, which Miuccia makes from it.
Alongside Prada, Muiccia developed another brand – Miu Miu. It was named after Miuccia’s home nickname. The brand presents light-minded clothes and accessories, which are aimed for younger clients.
Boutiques and magazines of Prada are situated all over Italy – Miuccia’s home country. In addition there are Prada shops in USA, France, China and many other countries.
No need to say, that Miuccia Prada has collected billions of dollars for her activity of a fashion designer and CEO. But how did she start her career?
Miuccia Prada’s Way On Top
Born Maria Bianchi was brought up in a family of Luigi Bianchi and Luisa Prada. Later Maria took her mother’s maid name and changed her name for Miuccia. Her grandfather, Mario Prada, founded a fashion brand in 1913. It enjoyed local success and then its glory began to faint.
Miuccia hasn’t been interested in fashion in her young days. She was an intellectual serious lady, who dreamed about some complicated serious career. Miuccia got Ph. D. in policy in the University of Milan and decided to become a politician and scientist. But she had to change her plans.
Muiccia’s grandfather died and left his fashion business to Miuccia and her siblings, Marina and Albert. Like a real perfectionist, Miuccia began to study fashion industry, as she knew nothing about this business.
At some official event she met Patrizio Bertelli, the owner of luxury leather brand. Young Prada noticed Patrizio’s talent and persistence and offered him to work for Prada. He agreed, mostly because of his interest to tasteful Muiccia. They got married soon and put all their efforts to development of Prada Fashion House.
Soon the local trade mark was turned into global. Muiccia and Patrizio opened the first boutique in New York and other American cities. Thus gradually Prada has become a global fashion brand
Miuccia Prada House and Car
Miuccia Prada and her husband live in a luxurious Milan palazzo. Miuccia inherited the house from her mother. Muiccia Prada’s family occupies just the part of a huge mansion. Her siblings and other relatives live there too.
Miuccia Prada owns several luxurious cars. She posed in her yellow McLaren F1 (handcrafted copy), while being interviewed by AnOther magazine. Muiccia likes unusual expensive vehicles, but her main passion is art. The famous designer owns a massive art collection.
Miuccia Prada Art Collection
Miuccia Prada is considered as the most intellectual designer in the world. Although the influential lady hates it and tells, that “intellectual” is another word for “boring”, she admits, that she has long-term and complicated relationships with art.
Muiccia Prada takes her inspiration from works of famous artists, so she never regrets her money for pieces of art. Prada is a happy holder of Damien Hirst, Carsten Höller, Francis Picabia works etc. At first she collected art works just for her own pleasure. When her collection grew into 200 pieces, her husband and she founded Prada Foundation. The Foundation has offices in Venice and Milan. Muiccia and Patrizio arrange art exhibitions there.
Miuccia Prada is a great combination of brain, noble taste and ideal business skills. It helped her develop her brand and become one of the most famous designers of the epoch.