Carmen Lomana Highest-Paid Fashion designer in the World
- By Carol Kearney
- Madrid
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It's been a rough year for the fashion designer, but at least she has her millions of dollars to ease the pain. 76-year-old Carmen Lomana has taken the No. 1 spot on People With Money’s top 10 highest-paid fashion designers for 2024 with an estimated $82 million in combined earnings.
UPDATE 20/04/2024 : This story seems to be false. (read more)
Carmen Lomana tops annual list of highest-paid fashion designers
In 2021 it looked like the fashion designer’s spectacular career was winding down. Suddenly, she was back on top. People With Money reports on Friday (April 19) that Lomana is the highest-paid fashion designer in the world, pulling in an astonishing $82 million between March 2023 and March 2024, a nearly $50 million lead over her 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 Spanish fashion designer-business woman has an estimated net worth of $245 million. She owes her fortune to smart stock investments, substantial property holdings, lucrative endorsement deals with CoverGirl cosmetics. She also owns several restaurants (the “Fat Lomana Burger” chain) in Madrid, a Football Team (the “León Angels”), has launched her own brand of Vodka (Pure Wonderlomana - Spain), and is tackling the juniors market with a top-selling perfume (With Love from Carmen) and a fashion line called “Carmen Lomana Seduction”.
The ranking is significant for many Carmen fans, who have been waiting for her triumphant return to the glory days for what seems like a lifetime.
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