Who Is the Owner of Prada Brand?

Prada is one of the world’s top luxury fashion brands, renowned for its iconic handbags, shoes, and clothing. But who is the owner of Prada?

Well, the answer is not straightforward. Prada is a publicly traded company, which means that it has many shareholders who own a portion of the company’s stock. However, the majority shareholder of Prada is Miuccia Prada, the granddaughter of the brand’s founder.

Miuccia Prada is a fashion designer and entrepreneur who took over as the head of her family’s business in 1978. She transformed Prada from a small leather goods company into a global fashion powerhouse with her innovative designs and business savvy.

Today, Miuccia Prada owns approximately 80% of Prada’s shares through her holding company, called I.P.R.I., or Ingegnere Patrizio Bertelli Ricerca e Imprese. Her husband, Patrizio Bertelli, also holds a significant stake in the company and serves as its CEO.

But it’s not just Miuccia and Patrizio who own shares in Prada. The brand has many other shareholders as well, including institutional investors like BlackRock and Vanguard Group.

Despite being a publicly traded company with many shareholders, Miuccia Prada remains firmly in control of the brand’s creative direction. She continues to design collections that push boundaries and challenge conventional ideas of beauty and style.

In conclusion, while there are many shareholders in Prada, the majority owner is Miuccia Prada through her holding company I. She remains an influential force in fashion and continues to shape the brand’s identity with her unique vision.