It's been a rough year for the fashion designer, but at least she has her millions of dollars to ease the pain. 47-year-old Stella McCartney has taken the No. 1 spot on People With Money’s top 10 highest-paid fashion designers for 2018 with an estimated $75 million in combined earnings.
UPDATE 21/10/2018 : This story seems to be false. (read more)
Stella McCartney tops annual list of highest-paid fashion designers
In 2016 it looked like the fashion designer’s spectacular career was winding down. Suddenly, she was back on top. People With Money reports on Saturday (October 20) that McCartney is the highest-paid fashion designer in the world, pulling in an astonishing $75 million between September 2017 and September 2018, a nearly $40 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 British fashion designer has an estimated net worth of $215 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 McCartney Burger” chain) in London, a Football Team (the “London Angels”), has launched her own brand of Vodka (Pure WondermcCartney - UK), and is tackling the juniors market with a top-selling perfume (With Love from Stella) and a fashion line called “Stella McCartney Seduction”.
The ranking is significant for many Stella fans, who have been waiting for her triumphant return to the glory days for what seems like a lifetime.
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