The famous designer Azzedine Alaia has died at the age of 77. Alaia was a Tunisian designer, making dresses and shoes for several decades. This comes mere weeks after another famous designer, Herve Leger, also died.Image Credit: Flickr: ellenm1
So what was Azzedine Alaia net worth at the time of his death in 2018? What were Azzedine Alaia’s salary/earnings? What will happen to his fortune? Read on…
Azzedine Alaia is originally from Tunisia, where he originally learned design from magazines. He was able to get into the world famous design schoole Ecole des Beaux-Arts, after which he worked in the fashion industry as an assistant.
But low-level work was short-lived for Alaia, and he quickly developed a list of high-end clients who wanted to be personally dressed by him. That allowed him to move to the fashion capital of the world, Paris, where he got jobs for several major fashion designers.
Some of the designers he worked for were Christia Dior, Guy Laroche, and Thierry Mugler. He used those jobs as a jumping off point, and he started his own boutique in the 70s. He again managed to get a bunch of super rich clients, and spent several decades dressing them.
Eventually, Alaia decided to expand and start selling clothing to the public, and he got acclaim in magazines and from famous designers.
Azzedine Alaia earned millions from his clients over the years. But much of his commercial wealth came over the past few decades, as he began selling his clothes and shoes to the public. His designs sell for several thousands of dollars each.
Alia’s company, also named Alaia, does between $50 to $100 million per year in sales, and has 50-200 employees, according to GlassDoor. It also has partnerships with major brands.
In all, we estimate Azzedine Alaia net worth in 2018 at $25-50 million.