|Net Worth:||$300 Million|
|Date of Birth:||February 16, 1978 (45 years old)|
What is Philipp Plein’s Net Worth?
Philipp Plein is a German fashion designer who has a net worth of $300 million. He is the creator of the clothing line Philipp Plein, which is perhaps not surprising. He began creating furniture while he was a law student, and in 1998 he established his business.
Plein created bags and accessories out of exotic leathers, and today his company has dozens of boutiques selling designer apparel, accessories, shoes, and furniture all over the world. Rita Ora, Naomi Campbell, Iggy Azalea, Mischa Barton, and Lindsay Lohan are just a few of the famous people that have been photographed for Philipp Plein.
Both the 2008 New Faces Award and the 2007 GQ Awards National Brand of the Year went to Plein. The 2014 International Fashion Brand Award went to him as well. 2016 GQ Germany Man of the Year in Fashion winner. The company now produces designer clothing, shoes, accessories, and even furniture.
Plein was born on February 16, 1978, in Munich, West Germany. Both of his parents were doctors. They sent Plein to Schule Schloss Salem, a prestigious boarding school in Switzerland.
Plein started frequenting nightclubs and hanging out with models around this time, and he also became quite involved in the party scene. But because he was interested in entrepreneurship, he realized he had to take his academics seriously.
Plein started studying law after graduating from high school. He studied in Germany at the Erlangen-Nuremberg University. But before finishing his legal education, he made the decision that he was more eager to start working.
He started a business making expensive dog beds that he sold for close to $900 each after getting a loan from his grandmother.
As a 20-year-old in Munich, Germany, Plein established the Philipp Plein International Group. Through this club, he began to sell his dog beds, and he found great success. He had already made his first million dollars by the time he was 23 years old.
His firm prospered more and more as he soon started producing different types of furniture and home goods. It was something of an accident that he chose to go into the fashion industry.
He came to the realization that he wanted to incorporate some apparel into the design of his trade show booth while attending the renowned Maison et Objet trade exhibition in Paris. He began to embellish several vintage army surplus coats with Swarovski crystals after buying them.
It was a logical progression for him to include crystals in fashion as he was already well renowned for employing them in his interior designs. The jackets he had acquired for roughly $10 each were subsequently able to be sold to him for over $180.
In addition to his at the time modest clothing brand, by 2006 he had started developing a line of accessories. During the 2007 GQ Awards, he was given the National Brand of the Year Award. He debuted his Couture line in 2008, the same year he also took home the New Faces Award.
Plein has the opportunity to reach a larger audience after opening his first store in Monte Carlo. He quickly launched a showroom in Milan after that. In 2010, boutiques were then opened in Vienna, Moscow, St. Tropez, Cannes, and Kitzbuhel. 2010 also saw the staging of his first major fashion show.
He hired a DJ and spent enormous amounts of money on vodka to create a party atmosphere during the show, which defied every rule of the fashion industry. The fashion show was a success, though, and it paved the way for a ton of others to take place at New York Fashion Week, Paris Fashion Week, and Milan Fashion Week.
In 2012, he also opened a showroom in Hong Kong and ten new stores. He also promised to dress the players for the 2012–2013 season when he accepted a contract with the soccer team AS Roma in 2012.
He kept doing it for the following four seasons in a row. He introduced the Sport line of clothing in 2016 and created a number of boutiques that were solely devoted to it. Plein oversaw the opening of even more shops and businesses around the globe over the course of the following few years.
He was named the 2016 GQ Germany Man of the Year in Fashion Award winner. He received the GQ British Man of the Year award in 2018. In 2019, he commemorated the 20th anniversary of his company by hosting a number of special fashion events all over the world.
The backing Plein has gotten from a wide range of celebrities has been one factor that has been crucial to the development of his brand over time. A few famous people who have sported his creations include Mischa Barton, Lindsay Lohan, Snoop Dogg, Rita Ora, Naomi Campbell, Iggy Azalea, Grace Jones, Fergie, Chris Brown, Paris Hilton, and Floyd Mayweather.
Fernanda Rigon and Plein were romantically involved. 2013 saw the birth of the couple’s kid. Plein was not highly involved in his first son’s early years of childhood because Rigon moved the child to her native Brazil after their breakup.
According to reports, he was unable to see him for four years. But ever since, he has been able to interact with his son and have regular contact with him.
Following his connection with Rigon, he became acquainted with women including Justyna Gradek, an Instagram model, Andreea Susu, a model, and Osman, a participant in the reality series “Bad Girls Club” on the Oxygen channel.
Plein currently has a girlfriend named Lucia Bartoli. They started dating in 2019, and in 2021 they revealed they were expecting their first child together. In addition to having a townhouse in New York City, Plein also has a French estate in Cannes, as well as real estate in Bel Air.
He is well known for living a lavish lifestyle and owns several expensive vehicles, including two Rolls Royce, a Lamborghini, a Range Rover, and a Bentley.
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