Net Worth: $4.2 Billion
- Source of Wealth Fashion Designer (Prada, Miu Miu)
- Nationality Italy
About Miuccia Prada
Italian fashion designer and entrepreneur,Maria Bianchi Prada, professionally known as, Miuccia Prada, has an estimated net worth of $4.2 billion as of May 2015 according to Forbes. Miuccia Prada is a woman’s designer. She designs clothes that take account of a woman’s curves and at the same time communicating intelligence as well as a sense of fun.
She has a PhD in Political Science, which she followed with five years studying performing mime. She was also a member of the Communist Party. After her degree, in 1978 she reluctantly took over the luxury leather goods company that her grandfather had founded in Milan in 1913. Born Miuccia Prada Bianchi on May 10, 1949 in Milan, Italy. Prada launched her eponymous ready-to-wear collection in autumn/winter 1989 to critical acclaim. Miuccia met her husband and business partner Patrizio Bertelli at the same time as she took the helm of the family company. While Maria takes care of the creative flow of the company her husband takes charge of the finances of the company.
It was under Bertelli’s sway that the design house grew as a conglomerate adding such labels as Fendi, Helmut Lang, Jil Sander and Azzedine Alaia to its portfolio of brands. By 2007 they began to return to their core concerns. Jil Sander was sold back, Azzedine Alaia had bought back his company and Helmut Lang was sold in 2005.