_shoe-designer-christian-louboutin-is-now-a-billionaire.jpg "Shoe Designer Christian Louboutin Is Now A Billionaire from the brand new testament watch online 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: 430K times
✓ Published: 26-Apr-2024
👁 View: 430K 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
_samson-and-the-philistines-the-old-testament-ep-24-en.webp "SAMSON AND THE PHILISTINES - The Old Testament ep. 24 - EN from the brand new testament watch online")
_nourishment-of-the-word-the-old-testament-ep-39-en-2.webp "NOURISHMENT OF THE WORD - The Old Testament ep. 39 - EN (2) from the brand new testament watch online")
_so-much-more-hd-1080p.webp "Brand New Online Bible Study by Gretchen Leech beginning March 17, 2020.Stories of the heroes of the Old Testament. Watch video every Tuesday then join the discussion group on Monday nights on Zoom.nnOrder Study Guide from somuchmore.myprintdesk.net")
_the-story-of-maria-turning-adversity-into-opportunity.webp "Description:<br/>Join us on an inspiring journey with Maria as she defies the odds and turns adversity into opportunity. Born into challenging circumstances, Maria faced poverty and loss at a young age. But instead of letting her circumstances define her, she chose to rise above them.<br/><br/>Through determination and hard work, Maria pursued education despite the obstacles. From studying by the dim light of a kerosene lamp to working multiple jobs to support her family, she never lost sight of her goals.<br/><br/>Tragedy struck when Maria lost her parents, but she didn't let grief hold her back. Instead, she became the rock for her younger siblings, taking on the responsibility of their care while continuing her education.<br/><br/>Maria's perseverance paid off when she earned a scholarship to a prestigious university. There, she excelled academically and socially, seizing every opportunity that came her way.<br/><br/>After graduating, Maria embarked on a remarkable career journey, breaking barriers and giving back to her community along the way. Her story is a testament to the power of resilience and the transformative potential of turning challenges into opportunities.<br/><br/>Watch Maria's inspiring journey unfold as she proves that with determination and perseverance, anything is possible.<br/><br/>")
_what-does-the-bible-say-about-the-end-times-part-4-week-1-of-2.webp "“What Does The Bible Say About End Times?”This is part 4 (week 1 of 2) from 06-08–22 of a Wednesday night series that I am guest teaching at Bridgewood Church in Clarkston MI (Note: The lesson begins at the 33:20 mark following current events). Jesus along with the New Testament writers always pointed back to the Old Testament while reminding the church and instructing them what they must do in order be caught up in the rapture and spend eternity with Jesus.nnJesus said, I am the same ye")
_eminem-reveals-brand-new-album-and-declares-39the-death-of-slim-shady39.webp "Eminem's return to music is confirmed with a brand new album on the way this summer.")
_online-reputation-manage-analyzing-the-effects-of-glassdoor-review-removal-on-employer-branding.webp "Online reputation management is crucial for businesses in today's digital landscape. Negative Glassdoor reviews can have a significant impact on employer branding and reputation. It is important for companies to approach negative reviews responsibly and use them as an opportunity for improvement rather than attempting to remove them. By actively monitoring reviews, addressing concerns, and implementing strategies to enhance employee satisfaction, businesses can improve their reputation, attract top talent, and build a strong employer brand.")
⏲ 0:50 👁 40K
_what-does-the-bible-say-about-the-end-times-part-2.webp "“What Does The Bible Say About End Times?”This is part 2 of a 5 Part Wednesday night series that I am guest teaching at Bridgewood Church in Clarkston MI (05-18-22). In Part 2: Jesus tells us in God’s Word what it would be like “as in the days of Noah and Lot” when He would return…so, what was it like? What was taking place in the days of Noah that is happening right now? We look at the life of Noah, his obedience, his reward after being judged and being found habitually righteous.")
_samson-and-the-philistines-the-old-testament-ep-24-en.jpg)
_nourishment-of-the-word-the-old-testament-ep-39-en-2.jpg)
_so-much-more-hd-1080p.jpg)
_the-story-of-maria-turning-adversity-into-opportunity.jpg)
_what-does-the-bible-say-about-the-end-times-part-4-week-1-of-2.jpg)
_eminem-reveals-brand-new-album-and-declares-39the-death-of-slim-shady39.jpg)
_online-reputation-manage-analyzing-the-effects-of-glassdoor-review-removal-on-employer-branding.jpg)
_what-does-the-bible-say-about-the-end-times-part-2.jpg)
![[+]](/images/menu.gif){kind=small}