Donatella Versace is a well-known name in the world of fashion. She is the Vice President and Chief Designer of Versace, one of the leading luxury fashion brands in the world. The brand was founded by her late brother Gianni Versace in 1978 and has since become a household name.
One question that often comes up about Donatella is how much she inherited from her brother’s estate when he passed away tragically in 1997. While the exact amount has not been disclosed, it is estimated that she inherited a significant portion of his wealth and assets.
Gianni Versace was worth an estimated $1.4 billion at the time of his death, according to Forbes. His company was valued at around $807 million and he owned several properties including a Miami Beach mansion valued at $33 million.
After his death, Donatella became the creative director of the company and inherited a portion of his estate along with her other siblings, Santo and Allegra. Santo Versace became CEO of the company while Allegra inherited a 50% stake in the company when she turned 18.
Despite inheriting a significant amount, Donatella did not rest on her laurels. She took over as creative director and began to put her own stamp on the brand while still staying true to its roots. Under her leadership, Versace continued to grow and expand into new markets.
Donatella’s contribution to the brand has been immense over the years. She has been responsible for creating some of its most iconic designs, including Jennifer Lopez’s famous green dress at the 2000 Grammy Awards.
In addition to her work with Versace, Donatella is also known for her philanthropic efforts. She has donated millions of dollars to various charities over the years including Amfar and The Elton John AIDS Foundation.
In conclusion, while we may not know exactly how much Donatella inherited from her brother’s estate, we do know that she has made a name for herself in the fashion industry and has continued to build on the legacy of Versace. Her contributions to the brand and to charitable causes have made her a respected figure in both the fashion world and beyond.