Daniel Hechter Highest-Paid Fashion designer in the World

  • By Carol Kearney
  • Paris
  • Last updated on

Daniel Hechter
Daniel Hechter led People With Money’s annual list of the “100 highest paid fashion designers” released on Wednesday.

It's been a rough year for the fashion designer, but at least he has his millions of dollars to ease the pain. 86-year-old Daniel Hechter has taken the No. 1 spot on People With Money’s top 10 highest-paid fashion designers for 2024 with an estimated $58 million in combined earnings.

UPDATE 21/11/2024 : This story seems to be false. (read more)

Daniel Hechter tops annual list of highest-paid fashion designers

In 2022 it looked like the fashion designer’s spectacular career was winding down. Suddenly, he was back on top. People With Money reports on Wednesday (November 20) that Hechter is the highest-paid fashion designer in the world, pulling in an astonishing $58 million between October 2023 and October 2024, a nearly $30 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 $185 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 Hechter Burger” chain) in Paris, a Football Team (the “Paris Angels”), has launched his own brand of Vodka (Pure Wonderhechter - France), and is tackling the juniors market with a top-selling perfume (With Love from Daniel) and a fashion line called “Daniel Hechter Seduction”.

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

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