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Alessandro Michele Net Worth: How Rich Is The Gucci Genius Who Changed Fashion?

NameAlessandro Michele
Age49 years
OccupationFashion Designer
Source Of IncomeDesigning
Net Worth$10 Million
ResidenceRome

Alessandro Michele is an Italian fashion designer, most famous for being the Creative Director of the luxury brand Gucci. Michele had been a part of Gucci for 20 years now since he started his job back in 2020. He was also promoted to the post of Creative Director in the luxury house.

Alessandro received the most popularity in Gucci for his maximalist, Geek-chic designs. However, after spending two decades in the company, Alessandro Michele has notably resigned from Gucci. The announcement was made on November 23, 2022.

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Also Read: Why Alessandro Michele Is Stepping Down As The Creative Director Of Gucci?

Alessandro Michele Net Worth

As mentioned by Market Realist, Michele’s net worth is estimated to be about $10 million. Michele started his work when he was first hired by Tom Ford. He had been working under Frida Giannini, until 2015, when the CEO of Gucci, Marco Bizzarri promoted him to the post of Creative Director.

Under Michele’s leadership, Gucci saw a lot of growth and profits personally. Between 2015 and 2019, Gucci’s profits tripled and quadrupled, proving Alessandro’s worth to the whole world. As of 2022, Gucci will close with an annual revenue of $10.3 billion.

Also Read: Did Harry Styles Boycott Adidas Because Of The Kanye West Drama?

Why Alessandro Michele Resigned From Luxury Brand Gucci

After 20 years of dedicating his work to the company, Alessandro Michele is has taken leave from the luxury brand Gucci. The announcement was made by the luxury group Kering. Kering is a French luxury group that owns famous brands including Gucci. The 49-year-old had been serving as the Creative Director since 2015.

Kering announced Alessandro’s exit with the statement, “Alessandro Michele has played a fundamental part in making the brand what it is today through his groundbreaking creativity while staying true to the renowned codes of the House.” Being such a high-end designer, we’re sure Michele’s net worth is a well-made fortune.

Also Read: Jared Leto Net Worth 2022: How Rich Is The ‘Morbius’ Actor?

Ponsy Pegu
Ponsy Peguhttps://firstcuriosity.com/
Ponsy Pegu is an ardent supporter of love, and even has a mini tattoo of a heart. She loves everything art, fashion, music, photography. She would love to discuss movies with you over a cup of coffee. Ponsy wants to pursue International Relations in the future and roam around the globe.

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