The founders of Dolce & Gabbana, Domenico Dolce, 54, and Stefano Gabbana, 50, are bona fide billionaires. The men have been added to the Bloomberg Billionaires Index, according to Bloomberg News as reported by the Russian Times.
What is in a name anyway? The Milan, Italy-based fashion house started their partnership in 1985 and opened its first store in 1986. The brand, which is spelled Dolce&Gabbanna, differs from the company’s name of Dolce & Gabbana. It shows that it really doesn’t matter if people love what you do, does it?
According to the data compiled by Bloomberg, growing demand for luxury goods also pushed several other fashion industry players to the top of rich lists. Among such is Sandro Veronesi, the owner of Calzedonia Group which sells fashion underwear, beachwear and hosiery; Spain’s Sandra Ortega-Mera, the daughter of Zara chain founder and the Europe’s richest man Amancio Ortega; American Tory Burch, the co-founder of New York-based shoe and handbag-maker Tory Burch LLC; and Prada executives Marina Prada and Alberto Prada Bianchi.