Fashion designer Karl Lagerfeld circa 1987 (Picture: Sipa/REX/Shutterstock)Iconic fashion designer and Creative Director of Chanel Karl Otto Lagerfeld has died after weeks of ill health.
Karl Lagerfeld’s best Chanel looks, as the designer passes away age 85After an illustrious career spanning decades, here we take a look at Karl’s time at Chanel and his success at the fashion house.
How long was Karl Lagerfeld the Creative Director at Chanel?
Karl Lagerfeld, born in Germany in 1933, was the Creative Director at the luxury French fashion house of Chanel since 1983, for over 25 years.
Lagerfeld regularly rubbed shoulders with the finest (Picture: Stefanie Keenan/WireImage)He was also the Creative Director of Fendi, a fashion house specialising in Italian fur and leather, in addition to his own fashion label which was named after him.
Karl began his career as a design assistant for Pierre Balmain. After, he moved on to Fendi and Chloe during the 60s.
Karl Lagerfeld with two models, circa 1984. (Picture: Keystone/Hulton Archive/Getty Images)What is Karl Lagerfeld’s net worth?
According to celebritynetworth.com, Lagerfeld was worth $200 million (almost £155 million).
This presumably includes the reported £2.6 million that his cat Choupette earned in modeling fees in 2014.
This staggering net worth figure comes as little surprise after a career as long and as successful as his, however $200 million apparently wasn’t enough even to get him among the top 25 richest people in the fashion industry.
That honour goes to the likes of Ralph Loren and Giorgio Armani, while the person at the top of the list as of last year is Bernard Arnault, the CEO of LVMH (a French company which specialises in luxury goods), with a net worth of $70.7 billion (close to £56 billion) according to Esquire.
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