Famous Designer Hubert de Givenchy Dies: What Was His Net Worth?

The famous fashion designer Hubert de Givenchy has passed away,  leaving behind a massive estate created by the Givenchy company.

Givenchy built up one of the largest and most successful fashion businesses in history, and headed it until it was sold in the 1980s. Along the way, he built up a major fortune which he leaves behind at death.

Givenchy began his career in the 40s and 50s by opening up his own small fashion design house in Paris.

He had previously worked for designers like Dior, but he found himself to be more controversial and less conservative than others at the company.

But it turned out that Givenchy's designs were very much along the lines of what people were looking for at the time, and he signed on such greats as Audrey Hepburn and Jackie Kennedy to wear his clothes.

Over the decades that followed, Givenchy built up his business into an empire, with perfume, women's clothing lines, and men's clothing lines.

In 1988, the Givenchy brand was eventually sold to LVMH, a luxury brand that owns companies like Moet, Loius Vuitton, and others.

Currently, the Givenchy business makes as much as $1 billion in revenue annually, as part of a conglomerate that earns several billion dollars annually.

The exact details of the sale of Givenchy to LVMH was not disclosed, but the entire merger was valued at $4 billion or more.

According to The SquanderGivenchy's net worth at the time of his death was in excess of $100 million.

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