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_shoe-designer-christian-louboutin-is-now-a-billionaire.webp "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.")
_kate-hudson-found-the-39glee39-set-to-be-a-39very-dramatic39-environment.webp "Hollywood star Kate Hudson has recalled some memories of working on 'Glee' in 2012 and 2013.")
_the-watchers-movie-trailer.webp "THE WATCHERS Movie Trailer - Get ready for a chilling mystery from the mind of M. Night Shyamalan! This June 14th, his daughter Ishana Night Shyamalan makes her directorial debut with \")
_natalie-portman-admits-she-gets-mistaken-for-another-actress-39all-the-time39-and-we-can-totally-see-it.webp "Natalie Portman has had a longstanding film career, and has become a household name from her work in franchises like Star Wars and \")
⏲ 1:8 👁 990K
_kate-hudson-found-the-39glee39-set-to-be-a-39very-dramatic39-environment.webp "Hollywood star Kate Hudson has recalled some memories of working on 'Glee' in 2012 and 2013.")
_natalie-portman-admits-she-gets-mistaken-for-another-actress-39all-the-time39-and-we-can-totally-see-it.webp "Natalie Portman has had a longstanding film career, and has become a household name from her work in franchises like Star Wars and \")
⏲ 1:8 👁 170K
_10-facts-you-never-knew-about-the-shawshank-redemption.webp "\")
_unwoman-2023-movie.webp "Unwoman 2023, Movie in Hindi,<br/>Bhanwar, a simple man, is burdened by the overpowering shadow, of his dominant uncle, Bhairo, who makes decisions on Bhanwar's behalf, To improve their living conditions, his uncle coaxes him to buy a bride,<br/>Director,<br/>Pallavi Roy,<br/>Writers,<br/>Pallavi Roy, Susheel Sharman,<br/>Stars,<br/>Bhagwan Tiwari, Kanak Garg, Sarthak Narula,<br/>")
_the-double-life-of-my-billionaire-husband-uncut-full-movie-kalos-one-es.webp "The Double Life of my billionaire husband - Uncut Full Movie")
_stolen-2024-stld-thriller-movie-in-hindi.webp "Stolen 2024 (Stöld) Thriller Movie in Hindi<br/>Stolen<br/>Original title: Stöld<br/>2024<br/>TV-MA<br/>1h 45m<br/>A young woman's struggle, to defend her indigenous heritage, in a world, where xenophobia is on the rise, climate change is threatening, reindeer herding, and young people choose suicide, in the face of collective desperation,<br/>Director,<br/>Elle Márjá Eira,<br/>Writers,<br/>Peter Birro, Ann-Helen Laestadius,<br/>Stars,<br/>Martin Wallström, Elin Oskal, Dakota Trancher Williams,<br/>")
_the-double-life-of-my-billionaire-husband-uncut-full-movie.webp "The Double Life of my billionaire husband - Uncut Full Movie")
_39cool-runnings39-star-says-he39s-never-forgotten-a-comment-john-candy-made-on-set-before-his-death.webp "Over the years, Disney has made an entire genre out of the inspirational sports movie, but of all the movies about athletes overcoming adversity, there isn’t one quite like \")
⏲ 1:29 👁 1.1M
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