André Courrèges Highest-Paid Fashion designer in the World

André Courrèges
André Courrèges led People With Money’s annual list of the “100 highest paid fashion designers” released on Saturday.

It's been a rough year for the fashion designer, but at least he has his millions of dollars to ease the pain. 97-year-old André Courrèges has taken the No. 1 spot on People With Money’s top 10 highest-paid fashion designers for 2020 with an estimated $82 million in combined earnings.

UPDATE 29/11/2020 : This story seems to be false. (read more)

André Courrèges tops annual list of highest-paid fashion designers

In 2018 it looked like the fashion designer’s spectacular career was winding down. Suddenly, he was back on top. People With Money reports on Saturday (November 28) that Courrèges is the highest-paid fashion designer in the world, pulling in an astonishing $82 million between October 2019 and October 2020, a nearly $50 million lead over his closest competition.

People With Money’s factors

In compiling this yearly list, the magazine considers factors such as upfront pay, profit participation, residuals, endorsements and advertising work.

The French fashion designer has an estimated net worth of $245 million. He owes his fortune to smart stock investments, substantial property holdings, lucrative endorsement deals with CoverGirl cosmetics. He also owns several restaurants (the “Fat Courrèges Burger” chain) in Paris, a Football Team (the “Pau Angels”), has launched his own brand of Vodka (Pure Wondercourrèges - France), and is tackling the juniors market with a top-selling perfume (With Love from André) and a fashion line called “André Courrèges Seduction”.

The ranking is significant for many André fans, who have been waiting for his triumphant return to the glory days for what seems like a lifetime.

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