Donatella Francesca Versace is a fashion designer, businesswoman, socialite, and model from Italy. She is the sister of Gianni Versace, the founder of Versace, with whom she collaborated closely on the brand’s development, particularly its blending of Italian luxury with pop culture and celebrity. Currently, Donatella Versace net worth is estimated to be worth 400 Million USD
Donatella inherited a portion of the Versace brand after Gianni died in 1997 and became its creative director. She is the brand’s current a chief creative officer. She and her brother Gianni are widely credited with launching the supermodel craze in the 1990s by casting editorial models on the runway.
Donatella Versace Net worth
The current Donatella Versace net worth is 400 Million USD. Donatella Versace served as Versace’s CEO, chief creative officer, and artistic director, and she was instrumental in the company’s sale to Michael Kors for $2.12 billion in 2018. Versace designed the Palazzo Versace Australia resort and the Palazzo Versace Dubai, and in 2005, she created a MINI Cooper Cabrio to benefit the Life Ball charity event.
Last five years’ Net Worth
|2023||400 Million USD|
|2022||380 Million USD|
|2021||360 Million USD|
|2020||340 Million USD|
|2019||320 Million USD|
Donatella Versace Net Worth Graph
Donatella Versace was the youngest of four children born in Reggio di Calabria, Italy: Santo, Gianni, and Tina. Her story began on May 2, 1955, when she was born. Antonio, her father, assisted in the family coal mining business, and Francesca, her mother, worked as a seamstress for a fashion company before opening her fashion boutique.
Tina, Donatella’s older sister, died at 12 due to an untreated tetanus infection. Donatella was always close to her brother Gianni, and when she was 11 years old, he persuaded her to dye her hair blonde in honor of the Italian singer Patty Pravo, of whom he was a big fan.
Gianni and Santo, Donatella’s brothers, were 10 and 8 years old when she was born, yet their relationship overcame the age gap. ” I served as both his best friend and doll. From the time I was eleven years old, Gianni dressed me in hip clothes and took me to discos and clubs. I was smitten. My life has never been better,” adds Donatella.
Midway through the 1970s, Donatella moved away to attend university in Florence, where she studied literature and language. Soon she returned and stayed by Gianni’s side for the duration of his 90s heyday, which included Madonna being photographed by Steven Meisel and Mario Testino in 1995 and supermodels singing George Michael’s Freedom on the catwalk in 1991. Her brother Santo managed the company.
Numerous people, not least of whom is Donatella Versace herself, have been proven wrong by her. “99% of people in the world believed I wouldn’t survive after my brother was murdered, and I had all eyes on me at the time. Perhaps first, I had the same thought. The universe had collapsed around me because my brother was the king.”
Donatella Versace now leads a company that has been nurtured back to health after it teetered on the brink of bankruptcy in 2004. This is twenty years after her brother Gianni’s death unexpectedly placed Donatella and her muse at the head of the Versace table.
Jonathan Akeroyd, a British CEO, was brought in by Alexander McQueen. 80% of the company is still owned by the Versace family, with Donatella’s daughter Allegra, now 36 years old, holding most of the shares. Gianni’s art collection, which is now worth far more than the £37 million it was appraised at the time, was left to Allegra’s brother Daniel.
Only a profession in the fashion industry had ever piqued Donatella’s attention. Donatella and Santo moved to Milan in 1976 to live with their brother Gianni. In 1977, the three went on a three-week trip to the United States in search of the media and foreign buyers in preparation for launching the Versace brand.
Donatella was hired as the first vice president when the Versace company was founded in 1978, but she worked closely with Gianni on all initiatives, especially when it came to styling, developing the brand’s image, and designing the brand’s handbags, shoes, and accessories. Gianni sent Donatella to an auction in 1982, when she won the bid for the Milanese house at Via Gesù 12 that would become the Versace headquarters and showroom.
The consensus is that Gianni’s muse and creative collaborator was Donatella. Gianni entrusted Donatella with the Versus diffusion line in 1989 and dedicated the new Blonde scent to her. To celebrate, he gave her a yellow diamond ring. As Gianni Versace recovered from a malignancy of the left ear in 1996 and at the beginning of 1997, Donatella took over the majority of decision-making for the Versace brand.
Gianni Versace, who was frequently credited with creating the Versace aesthetic, said that Donatella’s design process is centered on images: “I don’t look at the garments with my eyes, I look via images, a photograph, or a film.” The Spring-Summer 1980 campaign photography was fashion photographer Richard Avedon’s debut for the company. Donatella would go on to art direct Avedon for the Spring-Summer 1993 campaign.
In July 1997, shortly after Gianni was killed, it was revealed that Donatella would take over as Versace’s creative director. Donatella states that she would encourage her younger self to “be tough and stay true to myself” if she could go back in time. “T there are so many things I want to say. Most importantly, however, trust your gut and don’t strive to be Gianni,” she said. Donatella occasionally appeared to be overburdened in the years right after the tragedy.
On July 15, 1997, Gianni was assassinated in front of the Casa Casuarina, commonly known as the Versace Mansion, in Miami, Florida. Most of the Versace family, including Donatella, briefly relocated to a secluded private resort in the Caribbean following the highly publicized crime and manhunt. Upon Gianni Versace’s passing, her brother, Santo Versace, received 30% of Versace, and her daughter, Allegra Versace Beck, received 50%.
Donatella Versace held her debut haute couture show for the Versace Atelier at the Hôtel Ritz Paris on July 18, 1998, a year after Gianni’s passing. Like her brother had done every season, she constructed her runway above the hotel’s pool, but this time she used sheer glass.
Donatella Versace’s Husband & Family
Donatella married former model Paul Beck in 1986. They were blessed with two children, a daughter Allegra Versace Beck born 1986 and a son Daniel Versace born 1989. Daniel Versace was named after a song by Elton John, a close family friend. Donatella, known for her wild partying lifestyle, battled drug addiction after her brother’s death. “I had to keep my emotions to myself. What better way to hide your emotions than with drugs?” Versace sought treatment in 2004 after battling cocaine addiction for many years.
Taking Control of Versus Line
Donatella primarily designed the company’s Versus collection. When she assumed a more prominent position in the middle of the 1990s while Gianni was battling cancer, she gained even more knowledge of the industry.
Santo and Donatella began putting together a business succession plan as a result of Gianni’s health scare. Gianni triumphed in his battle with cancer, but he, unfortunately, lost his life in 1997 after being shot outside his Miami, Florida, home. Before shooting Versace to death and then murdering himself, the murderer, Andrew Cunanan, had gone on a killing rampage.
|Real Name/Full Name||Donatella Francesca Versace|
|Nick Name/Celebrated Name||Donatella Versace|
|Birth Place||Reggio di Calabria, Italy|
|Date of Birth||May 2, 1955|
|Parents||Father – Antonio
Mother – Francesca
|University||University of Florence|
|Social media Accounts||Instagram and Twitter|
|Husband/Spouse|| Manuel Dallori (m. 2004–2005
Paul Beck (m. 1983–2000)
|Kids||Two: Allegra Versace and Daniel Versace|
|Net Worth||400 Million USD|
1. Who is Donatella Versace?
As a child, Donatella Versace was heavily influenced by her older brother Gianni Versace, a burgeoning designer, and her mother, a dressmaker. In the late 1970s, she started working for her brother, acting as his inspiration and advisor.
In the 1980s, Donatella Versace took over as the company’s Versus line’s designer. She was appointed artistic director of the Versace Group following the 1997 murder of her brother.
2. How old is Max Donatella Versace?
Donatella ws born in May 2, 1955 in Reggio di Calabria, Italy. She is 68 years old.
3. What is Donatella Versace’s net worth?
As of 2023, Donatella Versace has a net worth of 400 Million USD.
4. How many children does Donatella Versace have?
Donatella Versace has two children. Her daughter Allegra Versace Beck is her firstborn child, and Daniel Versace is her younger child.
Donatella Versace is a prolific fashion designer with 400 Million USD current net worth. Donatella was raised in Reggio di Calabria, Italy. She attended the University of Florence. The Versace band is the main source of her riches. Allegri Versace Beck and Daniel Versace are her two children.