Karl Lagerfeld Net Worth
Karl Lagerfeld net worth: Karl Lagerfeld is a German fashion designer who has a net worth of $200 million. Born in Hamburg, Germany, Karl Lagerfeld began working in fashion professionally when he was 22 years old. He placed runner-up to Yves Saint Laurent in a design competition and was offered an apprenticeship with Pierre Balmain. After three years with Balmain, he began designing for Jean Patou, but his collections were not critically successful, and he decided to quit and reassess. He returned to the design world two years later, freelancing with multiple design houses, and often designing entire collections. During this time he designed for Tiziani, Chloe, Fendi, Valentino, Repetto, and for multiple film and theatrical productions. In the early 80s, he began to add more and more international design houses to his roster, including, Isetan in Japan, Charles Jourdan, and Ballantyne. In the late 90s and early 2000s, he began designing collections for popular retail companies, including a limited-edition jeans line for Diesel, and an entire collection for H&M. He has recently branched out into designing housewares.