_shoe-designer-christian-louboutin-is-now-a-billionaire.jpg "Shoe Designer Christian Louboutin Is Now A Billionaire from yung pinch net worth Video Screenshot Preview")
GalleryPlay Video:
(Note: The default playback of the video is HD VERSION. If your browser is buffering the video slowly, please play the REGULAR MP4 VERSION or Open The Video below for better experience. Thank you!)
⏲ Duration: 6:47
👁 View: 350K times
✓ Published: 26-Apr-2024
👁 View: 350K times
✓ Published: 26-Apr-2024
Description:
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.
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.
Share with your friends:
Whatsapp | Viber | Telegram | Line | SMS
Email | Twitter | Reddit | Tumblr | Pinterest
Related Videos
_yung-pinch-20-years-later-official-music-video-dir-by-nicholasjandora.webp "Yung Pinch")
⏲ 3 minutes 26 seconds 👁 2.8M
_80-year-old-found-rare-d-day-paradummy-and-mistook-it-for-a-scarecrow.webp "An 80-year-old donated a rare original parachute dummy from D-Day to a museum - after mistaking it for a scarecrow.<br/><br/>Robert Bowley was clearing out his late brother's home when he came across the dummy.<br/><br/>His brother Michael Bowley had been fond of French collectors items and got it while on a trip to Normandy in the 1950s or 1960s.<br/><br/>Robert said he had initially mistaken it for a scarecrow before he passed it along to a museum.<br/><br/>That's when he discovered it was in fact a rare surviving D-Day artefact worth thousands.<br/><br/>The 'scarecrow' was one of several hundred from Operation Bodyguard, part of Operation Overlord, on June 6 1944.<br/><br/>Paradummies, made of hessian cloth, straw and sawdust, were dropped to create fake invasions by allied forces to divert enemy attention from the Normandy landing beaches.<br/><br/>Most of the dummies had a self-destroying mechanism to destroy the evidence - making this surviving dummy rare and valuable.<br/><br/>The paradummy is thought to be worth around £10,000 and one of less than 30 still in existence.<br/><br/>It is now on permanent display in the D-Day exhibition at House on the Hill Toy Museum.<br/><br/>Robert, a retired watchmaker and antique collector from Braintree, Essex, said: \")
_warzone-best-loadout-the-guns-you-need-to-win.webp "Picking the best Warzone guns got a lot harder when Cold War added its arsenal to the line up. There were already plenty of guns to choose from but with a second game's worth of options added into the mix there's now much to consider. A lot of options can be subjective, because if a gun works for you, then who cares what other people think. However there's a reason why all the best players tend to turn up with the same weapons, and coming up we'll filter out some top-tier choices for every play style and situation.")
_meet-the-new-billionaire-getting-rich-making-injectors-for-blockbuster-drugs-like-ozempic.webp "The runaway success of weight loss drugs took the markets by storm last year, spurring huge stock gains for drugmakers like Novo Nordisk, which makes Wegovy and Ozempic. Most patients take them at home in weekly injections, using plastic, pen-like devices known as autoinjectors, filled with the liquid medication and fitted with a tiny needle as wide as two human hairs.<br/><br/>As demand for the drugs soars, so does the need for those devices. That growth has now minted a new billionaire: Roger Samuelsson, the 60-year-old Swedish cofounder of Switzerland-based SHL Medical, one of the world’s largest manufacturers of autoinjectors. Forbes estimates he’s worth $3 billion, largely thanks to his 69% stake in the company he cofounded in 1989. The remaining 31% is held by Swedish private equity firm EQT—which has minted seven billionaires over the years—and Athos, the family office of the billionaire Struengmann brothers. Press-shy Samuelsson, who declined multiple requests for an interview, also enjoys fast cars (he raced in the 2016 Ferrari Challenge series) and owns the 414-foot megayacht Octopus, which he bought in 2021; the yacht was built for its first owner, Microsoft cofounder Paul Allen (d. 2018).<br/><br/>0:00 Introduction<br/>0:20 Who Is Roger Samuelsson?<br/>3:32 The Growing Market For Injectors<br/>5:50 Who Is The Competition In The Space<br/>8:50 What's Next For SHL Medical<br/>10:45 What's Next For Roger Samuelsson<br/><br/>Read the full story on Forbes: https://www.forbes.com/sites/giacomotognini/2024/04/12/meet-the-billionaire-owned-company-making-injectors-for-blockbuster-drugs-like-ozempic/?sh=5ba1ce857607<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.")
⏲ 11:59 👁 2.9M
_tyreek-hill-talks-nil-leaving-kansas-city-and-more-in-his-hometown-of-pearson-ga.webp "Gillie Da King | Million Dollaz Worth of Game")
_heartbreaking-video-shows-turtle-choking-on-a-piece-of-plastic.webp "This is the heartbreaking moment a turtle chocked on a piece of plastic. <br/><br/>Video shows the turtle approaching the camera and gagging before spitting out a piece of clear plastic. <br/><br/>Diver Brittany Ziegler, 34, capture the moment on camera during a livestream about a plastic clear-up in Oahu, Hawaii, USA, to celebrate Earth Day.<br/><br/>Brittany, a content creator from Maui, Hawaii, USA said: \")
_an-indelible-destiny-2024-episode-7-english-sub.webp "An Indelible Destiny (2024) Episode 7 English sub")
_i-built-a-hypercar-in-my-shed.webp "A TALENTED mechanic has built Australia’s first 'hyper car' – in his shed. The Quantum GP700 was born out of the seven-year passion project of its creator, Jeff David. Aimed at producing breathtaking performance in a road legal car – the Quantum can reach 0-60mph in a staggering 2.6 seconds. Jeff, who resides in Victoria, Australia, worked for around 1,800 hours to develop his masterpiece that is now worth approximately $700,000.")
_yung-pinch-20-years-later-official-music-video-dir-by-nicholasjandora.jpg)
_80-year-old-found-rare-d-day-paradummy-and-mistook-it-for-a-scarecrow.jpg)
_warzone-best-loadout-the-guns-you-need-to-win.jpg)
_meet-the-new-billionaire-getting-rich-making-injectors-for-blockbuster-drugs-like-ozempic.jpg)
_tyreek-hill-talks-nil-leaving-kansas-city-and-more-in-his-hometown-of-pearson-ga.jpg)
_heartbreaking-video-shows-turtle-choking-on-a-piece-of-plastic.jpg)
_an-indelible-destiny-2024-episode-7-english-sub.jpg)
_i-built-a-hypercar-in-my-shed.jpg)
![[+]](/images/menu.gif){kind=small}