What Is Vera Wang’s Net Worth?
Vera Wang Net Worth: Vera Ellen Wang is an American style creator situated in New York who is best known for her well-known wedding collections and outfits that are the most observed gowns on red carpets.
Today, Vera Wang’s net worth is estimated to be close to $650 million dollars.
Vera Wang Net Worth:
$650 Million
Net Worth: | $650 Million |
Full Name: | Vera-Ellen Wang |
Age / How Old: | 71 Years Old |
Date of birth: | June 27, 1949 |
Birth Place: | New York City, New York, United States |
Nationality: | American |
Height / How Tall: | 5′ 3″ (1.61 m) |
Profession(s): | Fashion Designer, Editor, Publishing Author, Entrepreneur. |
Last Updated: | 2020 |
Who Is Vera Wang?
Vera Wang was born in the year 1949 in New York City. Her parents were Florence Wu and Cheng Ching Wang. Her mother and father were wealthy immigrants who grew up in Shanghai, China.
Vera Wang’s parents then moved to the United States in the early 1940s, where Ms. Wang was born.
Her mother became a translator for the United Stations and introduced Vera to fashion. Her mother would take her to couture shows hosted at that time by Yves Saint Laurent.
This was Vera’s first introduction to fashion designing, which she fell in love with.
Her father owned a pharmaceutical company called U.S. Summit Corporation, which influenced the business side of her growth. Vera Wang also has a younger brother.
Vera Wang attended Sarah Lawrence College where she studied art history, then she studied art and fashion in France at the University of Paris.
When Vera Wang was six years old, she took figure skating lessons which she stayed with all during high school by entering and winning various skating competitions.
In 1968, skating as a professional, she and her skating partner James Stuart skated in the Figure Skating Championships and she appeared on the cover of Sports Illustrated and in a column entitled “Faces in the Crowd.”
Vera Wang attempted to try out for the U.S. Olympics team, but this endeavor was unsuccessful. Today, she continues to figure skate for her own recreational enjoyment.
Looking at Vera Wang’s love of the sport and her contributions to its fashion, she was inducted into the U.S. Figure Skating Hall of Fame in 2009.
Vera Wang turned to fashion designing after failing to become a figure skater in the Olympics.
In 1970, she got a job with Vogue Magazine as a rover, or temporary assistant, and worked her way up the ladder (16 years), becoming one of the magazine’s youngest ever fashion editors.
After being turned down for the editor-in-chief position, Wang left Vogue and, in 1987, joined Ralph Lauren, who hired her to be a fashion design director.
Ms. Wang’s early beginnings began when she received a start-up fund of $4 million from her father. She rented a two-story showroom and a boutique on Madison Avenue in New York City in March 1990.
In September of 1990, Vera Wang Bridal House Ltd had its grand opening.
Vera Wang’s colleagues at Vogue paid tribute to her by devoting a six-page article to her opening and her career. With this type of high-end marketing, Vera Wang soon received daily regiments of prospective brides to her boutique.
Vera Wang has always pushed the fashion look of bridal wear. She says that she tries to bring an edginess to a traditional business.
Her 2015 collection is a blend of black and white gowns that came after her 2014 collection that included shades of red.
Every season she changes her design, fit, boldness and beauty, which are featured in her boutiques and runway shows. Vera Wang’s net worth is due to her international fame as one of the world’s leading fashion designers.
Ms. Wang is known for her gorgeous collections of bridal wear, clothes for wedding ceremonies and other notable fashion wearing events. Vera Wang is known as a designer who designs clothing lines for global runways.
Vera Wang also designs clothing lines for professional figure skaters, like those worn by Michelle Kwan, Nancy Kerrigan. FYI! Michelle Kwan Net Worth estimated $16 million dollars.
Vera Wang’s worth is also enhanced by her accessory designs that include fashionable eyewear, fragrances, lingerie, shoes, houseware items, and her own mass-market line called “Simply Vera” for chain stores, like Kohls.
Celebrities all over the world have also worn Vera Wang originals. The more recent celebrities include…
- Victoria Beckham,
- Sandra Bullock,
- Mariah Carey,
- Chelsea Clinton,
- Hilary Duff,
- Jennifer Garner,
- Holly Hunter,
- Kim Kardashian,
- Alicia Keys,
- Jennifer Lopez,
- Michelle Obama,
- Uma Thurman,
- Ivanka Trump, and Sofia Vergara.
Ms. Wang has worked with big-name celebrities and has made her brand name known throughout the world which greatly enhances her net worth.
In 1989, Vera Wang married Arthur Becker but divorced him in 2012. They have two adopted daughters. FYI! Arthur Becker Net Worth has estimated $9 million dollars.
As a publisher, in 2001 Vera Wang released a book entitled “Vera Wang on Weddings.” She has bridal boutiques at the fashion capitals of New York, London, Tokyo, and Sydney.
Vera Wang continues her collection line, “White by Vera Wang,” with David’s Bridal brand name, since her association with them in 2011.
She has also allied herself with another bridal wear retailer, Men’s Warehouse who carries her tuxedo line, as well as with the retailer Zales for a collection of engagement and wedding rings.
Continuing her tremendous contributions to fashion, which attributes greatly to Vera Wang’s net worth.
Vera Wang’s clothing is presently showing all over the world in her 2015 – 2016 Spring, Fall, Winter Bridal Collections and her annual RTW (ready to wear) fashion wear.
Vera Wang says “to handle all her different hats as a promoter, as a designer, as a customer of movie stars, celebrities, and a businesswoman, you have to love what you do!”
The Vera Wang clothing and accessory line feature her romanticism, her whimsical side, and her feminine nature.
Ms. Wang is also a history buff, with clothing that stimulates her design ideas to everything from czarist Russia to ancient Rome.
Over the years Vera has made a realm through fabric designs. Her dresses are worn by prominent superstars.
Vera Wang’s agreement with David’s Bridal and Kohl have gigantic influence in her developing riches. Her apparel line, scent, and homeware are the wellspring of her colossal riches.
As of 2024, Vera Wang’s net worth estimates at $650 million dollars.
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Quotes from Vera Wang
“The key is falling in love with something, anything. If your heart’s attached to it, then your mind will be attached to it.”
— Vera Wang
“When you have a passion for something then you tend not only to be better at it, but you work harder at it too.” Vera Wang
— Vera Wang
“Success isn’t about the end result, it’s about what you learn along the way.” Vera Wang
— Vera Wang
“Things that came before, people and things and experiences – that does mean something to me. It doesn’t mean I don’t embrace the new, but I don’t forget the past, either.”
— Vera Wang