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After four decades of keeping his well-heeled clients in his iconic red-soled heels, shoe designer Christian Louboutin is now a billionaire. The 61-year-old designer is stepping into the billionaire ranks thanks to his eponymous fashion brand. While still best-known for its towering stilettos and perilous platforms, the Louboutin brand has expanded into sneakers, bags, and beauty products, as well as lines for men and children.<br/><br/>The company was valued at $3.2 billion last year by Exor, the investment company of Italy’s Agnelli family, which bought a 24% stake in 2021 for about $650 million. Louboutin still owns 35%—which Forbes values at $1.1 billion. That stake makes up most of an estimated $1.2 billion fortune that includes other investments such as the Vermelho Hotel, a luxury resort he opened in southern Portugal last year. Representatives for Louboutin didn’t respond to requests for a comment on the valuation.<br/><br/>Read the full story on Forbes:<br/>https://www.forbes.com/sites/giacomotognini/2024/04/01/christian-louboutin-net-worth-billionaire-shoe-designer/<br/><br/>Subscribe to FORBES: https://www.youtube.com/user/Forbes?sub_confirmation=1<br/><br/>Fuel your success with Forbes. Gain unlimited access to premium journalism, including breaking news, groundbreaking in-depth reported stories, daily digests and more. Plus, members get a front-row seat at members-only events with leading thinkers and doers, access to premium video that can help you get ahead, an ad-light experience, early access to select products including NFT drops and more:<br/><br/>https://account.forbes.com/membership/?utm_source=youtube&utm_medium=display&utm_campaign=growth_non-sub_paid_subscribe_ytdescript<br/><br/>Stay Connected<br/>Forbes newsletters: https://newsletters.editorial.forbes.com<br/>Forbes on Facebook: http://fb.com/forbes<br/>Forbes Video on Twitter: http://www.twitter.com/forbes<br/>Forbes Video on Instagram: http://instagram.com/forbes<br/>More From Forbes:http://forbes.com<br/><br/>Forbes covers the intersection of entrepreneurship, wealth, technology, business and lifestyle with a focus on people and success.
Shoe Designer Christian Louboutin Is Now A Billionaire
⏲ 6:47 👁 430K
- #TechMahindra’s net profit rose 27% YoY in Q4<br/>- Stock hit a 10% upper circuit in trade today<br/><br/>Get all your stock-related queries answered by our technical and fundamental guests with Alex Mathew and Smriti Chaudhary on Ask Profit. #NDTVProfitLive<br/><br/>
Tech Mahindra In Focus | Ask Profit | NDTV Profit
⏲ 0:0 👁 40K
An Indelible Destiny (2024) Episode 8 English sub
An Indelible Destiny (2024) Episode 8 English sub
⏲ 9:18 👁 110K
KPI Green Q4: Revenue and Net Profit Surge, Margin Jumps | NDTV Profit from vdeos net
KPI Green Q4: Revenue and Net Profit Surge, Margin Jumps | NDTV Profit
⏲ 10:47 👁 480K
An Indelible Destiny (2024) Episode 7 English sub
An Indelible Destiny (2024) Episode 7 English sub
⏲ 8:42 👁 40K
Discover how WWE made Brock Lesnar a multimillionaireExplore his $25M net worth and lavish lifestyle #BrockLesnar #WWE #LuxuryLiving #MoneyMoves #BeastIncarnate
How rich did WWE make Brock Lesnar
⏲ 0:48 👁 15K
An Indelible Destiny (2024) Episode 7 English sub
An Indelible Destiny (2024) Episode 7 English sub
⏲ 8:42 👁 15K
Bukayo Saka made the Tottenham fans eat their words as he watched his corner kick get headed in by one of their players after they had taunted him.<br/><br/>Arsenal claimed a huge victory over Spurs at the Tottenham Hotspur Stadium with the hosts failing to pull off a comeback after going 3-0 down.<br/><br/>It looked to be the most difficult game of Arsenal's run-in but the visitors made the perfect start when Saka's corner was turned into his net by Pierre-Emile Hojbjerg.<br/><br/>The home fans had tried to put Saka off by chanting 'You let your country down' about his penalty miss in the European Championship final.<br/><br/>It had no impact though as the Gunners broke the deadlock and Saka made sure to respond to the Tottenham faithful by cupping his ears.<br/><br/>Saka then went on to double the lead with a classy finish before Kai Havertz made it three from another corner.<br/><br/>Spurs hit back with Cristian Romero capitalizing on a mistake from David Raya before Son Heung-min netted from the penalty spot.<br/><br/>Arsenal managed to hold on and extend their lead at the top of the table before Man City reduced it with their 2-0 win over Nottingham Forest.
Saka' Revenge! Tottenham Fans Sing 'You Let Your Country Down' in a Dig about Euro 2020 Penalty Miss
⏲ 1:0 👁 20K
An Indelible Destiny (2024) ep 9 chinese dramaEnglish Sub
An Indelible Destiny (2024) ep 9 chinese dramaEnglish Sub
⏲ 6:7 👁 15K
Mr beastScheduled Uploaded A Year Ago<br/><br/><br/>SUBSCRIBE OR I TAKE YOUR DOG<br/>╔═╦╗╔╦╗╔═╦═╦╦╦╦╗╔═╗<br/>║╚╣║║║╚╣╚╣╔╣╔╣║╚╣═╣ <br/>╠╗║╚╝║║╠╗║╚╣║║║║║═╣<br/>╚═╩══╩═╩═╩═╩╝╚╩═╩═╝<br/><br/>For any questions or inquiries regarding this video please reach out to chucky@mrbeastbusiness.com
mrbeastScheduled Uploaded A Year Ago
⏲ 1:51 👁 135K
An Indelible Destiny (2024) ep 8 chinese drama eng sub
An Indelible Destiny (2024) ep 8 chinese drama eng sub
⏲ 9:21 👁 35K
An Indelible Destiny (2024) Episode 7 English sub
An Indelible Destiny (2024) Episode 7 English sub
⏲ 8:42 👁 85K
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