According to Forbes, Miuccia Prada’s net worth stood at $4.8 billion as of October 2021. Her net worth was assessed by Bloomberg to be $6.62 billion in June 2021, placing her 464th in the world.
Miuccia Prada, the youngest granddaughter of Mario Prada, took over the luxury goods company in 1978. Since then, the business has bought Jil Sander, Helmut Lang, and the Church & Co. shoe brand. In 2002, Prada opened her own modern art museum. Prada was listed by Forbes in March 2013 as one of the fifty best−dressed over−50s. The magazine ranked her as the 75th most powerful woman in the world in 2014, when her net worth was estimated to be $11.1 billion.
A prime example of the earlier−mentioned type of cultural export is Prada, which has about 250 outlets distributed throughout 65 nations. Additionally, you can buy Prada goods online. Prada keeps making significant progress in the realm of fashion and style with its formal ballroom gowns, purses, menswear, kids’ clothes, and other endeavors like cell phones. Design is about heart, observation, and daring, as Miuccia herself makes very evident. There are signs of this aficionado’s attention to detail, from small details like a coat’s buttons to the areas where she works. She has a highly open mind and welcomes criticism since it helps her grow.
She was given the name Miuccia Prada in the 1980s after being adopted by an aunt. Maria Bianchi was born on May 10, 1949, in Milan. Luigi Bianchi and Luisa Prada were her parents through biological descent. Albert and Marina are her two older brothers and sisters. Prada graduated from the University of Milan with a Ph.D. in political science after attending the Liceo Classico Berchet high school in Milan.
Five years of miming were practiced by Prada, who received his training at the Teatro Piccolo. She was a member of the Italian Communist Party when she became a Milan−based activist for women’s rights in the 1970s
By the middle of the 1970s, Prada joined the luxury leather bag manufacturing firm started by her grandfather in 1913. She was initially in charge of accessory design. She first met Patrizio Bertelli, who would become her husband and business partner, in 1978. In 1985, Prada released its first successful handbag design. It was a collection of handbags made of sleek, black nylon. She created and unveiled her first line of women’s ready−to−wear in 1989. She debuted her first menswear collection in 1995. A less costly womenswear collection called Miu Miu was first released in 1992 and was inspired by the designer’s own wardrobe. She gave it the moniker Miu Miu after herself.
Prada presented her lines during the 1994 New York and London fashion weeks. She had previously participated in Milan Fashion Week. The business side of items and Prada’s retail strategy are handled by Prada’s husband, Bertelli. With the addition of brands like Helmut Lang, Jil Sander, and Azzedine Alaa, the design firm has developed into a conglomerate. The business now offers leather items, footwear, colognes, and clothing for both men and women. In 2014, Prada and her husband co−founded the fashion brand Prada. Due to the COVID−19 epidemic, Prada debuted her farewell collection in 2020. It was showcased in a series of short films that were directed by artists including Martine Syms and Juergen Teller.
For the 2010 New York City Metropolitan Opera House production of Verdi’s opera “Attila,” Prada created the costumes.
Prada says it intentionally stays away from fusing high art with fashion. “Ideas and a vision can be expressed through art. It’s my duty to sell. “
It includes −
In 1993 and 2004, the Council of Fashion Designers of America bestowed its International Award (CFDA).
In 1995, 1996, and 1998, she won the VH1 Fashion Award for Womenswear Designer of the Year.
Time’s 100 Most Influential People of 2005
An official of the Order of the Arts and Letters, given by the French Ministry of Culture in 2006,
The British Fashion Awards’ 2013 International Designer of the Year award
2014−75th most influential woman, according to Forbes.
2015−WSJ Magazine’s Fashion Innovator of the Year award
2015−Knight of the Grand Cross, Italian Republic Order of Merit
Glamour USA’s 2016 Woman of the Year Award
The Outstanding Achievement Award for 2018 was presented by the British Fashion Council.
In 2012, the Metropolitan Museum of Art’s “Impossible Conversations” exhibition featured Prada alongside the fashion designer Elsa Schiaparelli.
Prada and Patrizio Bertelli were placed under investigation by Milan prosecutors in the early months of 2014 as part of a tax avoidance inquiry. By 2016, each had paid $429 million ($429 million) to resolve their tax disputes.
Patrizio Bertelli, a businessman, is the husband of Prada. The older of their two sons, rally driver Lorenzo Bertelli, was born in 1988, and the other in 1990. She was born at the apartment where the couple now reside. Young British artists’ works can be found in Prada’s collection of modern art. Cindy Sherman and Francesco Vezzoli, two artists, are her pals. Nine different Luna Rossa boats were blessed by Prada over the course of several years.
The work of this dissident is eagerly anticipated by the fashion industry. To demonstrate that it is indeed all in the mind, she has disregarded both the accepted norms and the standard fashion yardstick. Although she loves fashion, she implies that it should only be used to liven up people’s lives rather than dictate them. She pursues the idea that being extremely seductive without being overt is possible. Each endeavor is exciting and hard for her because she is working against her preferences and with what she perceives as being wrong and bad. A strait−laced approach to clothing borders on pure anarchy. She can only move up the ladder farther, blazing a path that her contemporaries can hardly imagine.
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