Name | Alessandro Michele |
Age | 49 years |
Occupation | Fashion Designer |
Source Of Income | Designing |
Net Worth | $10 Million |
Residence | Rome |
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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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.
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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.
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