Miuccia Prada Net Worth
Miuccia Prada is an Italian fashion designer and entrepreneur and has a net worth of $11.1 billion. Miuccia Prada earned her net worth by taking over the family-owned luxury goods manufacturer in 1978, which was owned by the Prada brother's. She began making waterproof backpacks out of Pocone. She met her husband and business partner Patrizio Bertelli at the same time she took the helm of the family company. She and her husband, Patrizio Bertelli, took over the family-owned luxury goods manufacturer in 1978. Since then, they've turned it into a fashion powerhouse, acquiring Jil Sander, Helmut Lang and shoemaker Church & Co." Prada has 250 fully owned shops around the world. She is entirely in charge of the companies creative decisions, says she bases her decisions mostly on intuition. She is reported to be overly fussy about each detail of her design. In 1985, she had her first hit when she designed a line of black, finely woven nylon handbags that instantly became a hit. She designed and introduced her first women's ready-to-wear collection that was critically acclaimed in 1989, and then in 1995 she introduced men's wear. Miu Miu was introduced in 1992 as a less expensive women's wear line that was inspired by Miuccia's personal wardrobe and nickname. In 1993 she was honored with the prestigious Council of Fashion Designers of American International Award. Her husband, Patrizio Bertelli, is still the predominant business force in the company who is responsible for the commercial side of products and Prada's retail strategy. She is known for her understated, minimalist, classic, cool, and comfortable luxury. She designs clothes that take account of a woman's curves and at the same time communicating intelligence as well as a sense of fun. She has a Ph.D. in Political Science. Miuccia Prada was born Miuccia Prada Bianchi on May 10th, 1949 in Italy.