Allegra Versace, the niece of iconic fashion designer Gianni Versace and daughter of Donatella Versace, has been a topic of curiosity for many. Despite being born into one of the wealthiest families in the fashion industry, Allegra’s personal wealth has been a point of discussion.
So, how is Allegra Versace so rich? Let’s explore.
Early Life
Allegra Beck Versace was born on June 30, 1986, in Milan, Italy. Her parents are Paul Beck and Donatella Versace. After her parents’ divorce when she was just a child, Allegra moved to New York City with her mother and younger brother.
Inheritance
Gianni Versace was assassinated in 1997, leaving his sister Donatella with the responsibility of running the family business. In his will, Gianni left 50% of his fashion empire to Allegra, who was only 11 years old at that time. This inheritance made Allegra one of the wealthiest teenagers in the world.
The Inheritance Breakdown
The exact value of Allegra’s inheritance is not known. However, it is estimated that she received around $500 million from her uncle’s estate. The inheritance included a stake in the fashion house itself as well as various properties around the world.
Career
Despite inheriting a large fortune at a young age, Allegra has kept a relatively low profile over the years. She attended Brown University and studied French literature before transferring to UCLA to study art history. In 2011, she completed her degree and began working for her family’s company as a director.
Position at Versace
Allegra currently serves as a board member for Gianni Versace S.r.l., which is now owned by Capri Holdings Limited. She also works as a brand ambassador for the company, attending fashion shows and events.
Personal Life
Allegra has mostly kept her personal life out of the public eye. However, she has been known to attend high-profile events, such as the Met Gala and fashion shows.
Charitable Work
In 2013, Allegra donated $500,000 to a children’s charity called “Brave Kids.” The charity helps children with chronic illnesses and disabilities take part in sports activities. This act of kindness demonstrated her commitment to using her wealth for good causes.
Conclusion
In conclusion, Allegra Versace’s wealth primarily comes from her inheritance from her uncle Gianni Versace. While she has inherited a vast fortune, she has also pursued her own interests and career path.
She continues to work for the family business while also supporting charitable causes. Her story reminds us that wealth is not just about money but also about how we choose to use it.