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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.
Shoe Designer Christian Louboutin Is Now A Billionaire
⏲ 6:47 👁 575K
United View Clips
Flex struggles to see a win in Man United’s last 4 games…
⏲ 9 minutes 49 seconds 👁 3K
qHugz
LUNAS HOWL IS MY NEW MAIN (61k) - Into the Light
⏲ 22 minutes 8 seconds 👁 913
Check out the latest Helldivers 2 Warbond trailer. Helldivers 2 is a third-person action co-op shooter developed by Arrowhead Games. Players can soon access the new Polar Patriots Warbond coming fitted with new armor sets, capes, Primary Weapons like the AR-61 Tenderizer and SMG-72 Pummeler, and more for Helldivers to fight the good fight. The Polar Patriots Warbond is launching on May 9 for Helldivers 2, available now for PlayStation 5 (PS5) and PC.
Helldivers 2 | Warbond: Polar Patriots Announcement Trailer
⏲ 1:7 👁 135K
Markiplier
3 SCARY GAMES #63
⏲ 41 minutes 33 seconds 👁 2.8M
YB GAMES
Girl Run 3D: Girl Catch the Thief Level 61 #games #ytshorts #viral
⏲ 1 minute 👁 9.1M
Aired (April 30, 2024): Jeff (Martin del Rosario) looks after Shaira (Liezel Lopez) in her house, but she pushes him away. Would he follow her command to leave? #GMANetwork #GMADrama #Kapuso
Asawa Ng Asawa Ko: Jeff takes care of Shaira! (Full Episode 61 - Part 3\ 3)
⏲ 9:37 👁 3M
Colour Roal 3D
Dop 1 part level 61 #colour #gameplay #dop #gaming #games
⏲ 12 seconds 👁 24
Top Games
#short #games #61
⏲ 13 seconds 👁 2
After making headlines for revealing he had scores of other women at the height of his fame and wasn’t a “saint” in his marriage to 61-year-old karate teacher Dorothea Hurley, Jon Bon Jovi has insisted his life is about maintaining a healthy “family dynamic”.
Jon Bon Jovi says his life is about maintaining a healthy 'family dynamic'
⏲ 1:41 👁 100K
Silent Gamer Yash
level 61 draw 2 save passing #shortvideo #silentgameryash #games #draw2save
⏲ 24 seconds 👁 139
IGN
Helldivers 2 - Official Warbond: Polar Patriots Announcement Trailer
⏲ 1 minute 7 seconds 👁 143.3K
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