Allegra Versace Net Worth
Allegra Versace net worth: Allegra Versace is an Italian heiress who has a net worth of $900 million. Allegra Versace was born June 30, 1986 in Milan, Italy. She is the niece of legendary fashion designer Gianni Versace. Her mother is Donatella Versace (Gianni's sister) and her father is a former fashion model named fashion model named Paul Beck. After Gianni was murdered in 1997 by a deranged fan, Allegra inherited a 50% ownership stake in the world famous Versace fashion empire. Her mother Donatella inherited 20% of the company and her uncle Santo (Gianni's brother) inherited 30%. Allegra was eleven years old at the time of her uncle's tragic murder. Allegra was instantly worth hundreds of millions of dollars, on paper. Because she was only 11 years old, the company has been guided for the last decade by Donatella and the uncle Santo Versace. Allegra has spent much time actively learning the ins and outs of the family businesses and is starting to take a much more authoritative role as she enters her 30s. She currently is a board member of Versace.
Allegra has spent the last 15 years since the murder working as a student and aspiring actress. She attended Brown University and has attempted to keep a low profile. Allegra Versace has publicly battled anorexia at times in the past, which is probably understandable considering the spotlight and world she grew up under. She sought treatment for the condition at least once and has been an outspoken candidate on the subject ever since. Today she splits her time between homes in New York, Milan, and Los Angeles.
In 2014, Versace sold a 20% stake in the firm to private equity firm Blackstone. The investment valued Versace at roughly $1.4 billion. Subsequently, Allegra's 50% stake was worth around $700 million. On September 25, 2018, Michael Kors Holdings announced it had struck a deal to acquire Versace for $2.2 billion. After taxes Allegra won't quite be a billionaire, but with dividends over the years she is very close.