• 23/02/2022
  • By binternet
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Haute-couture, fur and tax optimization... The very luxurious fortune of Karl Lagerfeld<

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The incredible fortune of Karl Lagerfeld: a collection worth several million euros?

He said he hated any form of nostalgia, so much so that his actual date of birth has remained a mystery. Karl Lagerfeld, artistic director of Chanel, died on Tuesday February 19, reports Le Monde. And he leaves behind a very substantial heritage...

The fashion Kaiser's fortune is not new: in March 2000, he decided to part with a whole section of his furniture, his paintings, his porcelain, among others. Shortly before it was put up for sale at the inauguration auction of Christie's Parisian headquarters, the collection was estimated at at least 200,000 million francs... That is more than 30 million euros, as Liberation points out.

Such a treasure that he was able to acquire thanks to a flourishing business whose Challenges revealed behind the scenes in March 2013 (subscriber article). At the time, the great couturier launched his chain of stores in Paris, in which it is possible to buy "accessible" luxury. Her own label notably sells bags, perfumes and products designed by her but mass-produced.

But this is not the only activity pursued by the most popular German in France: with numerous contracts with several major brands, such as Coca-Cola, Dior or Fendi (LVMH), he could count on 10 million euros. euros in fees per year. By way of comparison, the salaries of most stylists generally amount to 2 or 3 million euros per year and per brand, recalls Capital.