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After four decades of keeping his well-heeled clients in his iconic red-soled heels, shoe designer Christian Louboutin is now a billionaire. The 61-year-old designer is stepping into the billionaire ranks thanks to his eponymous fashion brand. While still best-known for its towering stilettos and perilous platforms, the Louboutin brand has expanded into sneakers, bags, and beauty products, as well as lines for men and children.<br/><br/>The company was valued at $3.2 billion last year by Exor, the investment company of Italy’s Agnelli family, which bought a 24% stake in 2021 for about $650 million. Louboutin still owns 35%—which Forbes values at $1.1 billion. That stake makes up most of an estimated $1.2 billion fortune that includes other investments such as the Vermelho Hotel, a luxury resort he opened in southern Portugal last year. Representatives for Louboutin didn’t respond to requests for a comment on the valuation.<br/><br/>Read the full story on Forbes:<br/>https://www.forbes.com/sites/giacomotognini/2024/04/01/christian-louboutin-net-worth-billionaire-shoe-designer/<br/><br/>Subscribe to FORBES: https://www.youtube.com/user/Forbes?sub_confirmation=1<br/><br/>Fuel your success with Forbes. Gain unlimited access to premium journalism, including breaking news, groundbreaking in-depth reported stories, daily digests and more. Plus, members get a front-row seat at members-only events with leading thinkers and doers, access to premium video that can help you get ahead, an ad-light experience, early access to select products including NFT drops and more:<br/><br/>https://account.forbes.com/membership/?utm_source=youtube&utm_medium=display&utm_campaign=growth_non-sub_paid_subscribe_ytdescript<br/><br/>Stay Connected<br/>Forbes newsletters: https://newsletters.editorial.forbes.com<br/>Forbes on Facebook: http://fb.com/forbes<br/>Forbes Video on Twitter: http://www.twitter.com/forbes<br/>Forbes Video on Instagram: http://instagram.com/forbes<br/>More From Forbes:http://forbes.com<br/><br/>Forbes covers the intersection of entrepreneurship, wealth, technology, business and lifestyle with a focus on people and success.
⏲ 6:47 👁 380K
Eminem's return to music is confirmed with a brand new album on the way this summer.
⏲ 1:51 👁 45K
FREE Hair Purchasers Guide https://shopeasilocks.com/mobile Training Link: https://shopeasilocks.com/pages/training call us at -LRB-844-RRB- 801-7506. Easilocks hair extensions & devices assist ladies
⏲ 15 sec ✓ 16-Nov-2016
Eminem's return to music is confirmed with a brand new album on the way this summer.
⏲ 1:51 👁 45K
Online reputation management is crucial for businesses in today's digital landscape. Negative Glassdoor reviews can have a significant impact on employer branding and reputation. It is important for companies to approach negative reviews responsibly and use them as an opportunity for improvement rather than attempting to remove them. By actively monitoring reviews, addressing concerns, and implementing strategies to enhance employee satisfaction, businesses can improve their reputation, attract top talent, and build a strong employer brand.
⏲ 0:50 👁 40K
FREE Hair Purchasers Guide https://shopeasilocks.com/mobile Training Link: https://shopeasilocks.com/pages/training call us at -LRB-844-RRB- 801-7506. Easilocks hair extensions & devices help women
⏲ 1 min 27 sec ✓ 16-Nov-2016
A young bodybuilder has revealed how a move to a strict vegan diet ended his painful battle with cystic acne. Brian Turner, from California, transformed from a lanky, skinny, teenager to a buffed bodybuilder, but this impressive transformation included a long battle with cystic acne and severe depression. At 15 years old Brian started weightlifting and, in order to gain weight, would consume large amounts of dairy products. Within six months blackheads appeared on his previously clear skin, and within a year this turned into severe cystic acne. After years of trying different types of supposed remedies, Brian was eventually advised to lay off dairy products. Seeing the benefits to his skin and his bodybuilding, he eventually cut out all animal products and turned completely vegan. And his acne disappeared. With his Team Acne channel on YouTube, Brian wants to help others with their skin problems and insecurities. 27-year old Brian told Truly; “I have changed the way I look at my skin, even if I still have some blemishes or some marks, I feel confident and I love myself. Don’t let acne hold you back from living your life”.<br/><br/>Follow Brian here: https://www.youtube.com/TeamAcne
⏲ 6:35 👁 1.2M
The FTC has sued to block Tapestry's proposed $8.5 billion acquisition of Capri Holdings. The deal would combine Tapestry's Coach, Kate Spade, and Stuart Weitzman brands with Capri's Versace, Jimmy Choo, and Michael Kors under one parent company. Regulators argue the merger would harm competition in the fashion industry and negatively impact consumers and workers. Tapestry and Capri dispute the FTC's claims, saying competition remains robust across different price points and retailers. The acquisition aims to help the companies better compete globally against European luxury brands.
⏲ 0:38 👁 13.3M
FREE Hair Buyers Guide https://shopeasilocks.com/mobile Training Link: https://shopeasilocks.com/pages/training call us at -LRB-844-RRB- 801-7506. Easilocks hair extensions & devices help women
⏲ 85 sec ✓ 16-Nov-2016
Drake Maye confesses which brand he’d like to represent from lrb brand
⏲ 0:33 👁 745K
Rana Pharya Gia (Trailer) 2023 Amjad Rana and Nida Ch with Sonu Butt _ Guddu Kamal _ Pk Stage Drama
⏲ 5:8 👁 20K
FREE Hair Purchasers Guide https://shopeasilocks.com/mobile Training Link: https://shopeasilocks.com/pages/training call us at -LRB-844-RRB- 801-7506. Easilocks hair extensions & accessories help females
⏲ 1 min 27 sec ✓ 16-Nov-2016
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