Hubert de Givenchy's net worth: The fashion designer leaves behind a fortune

Lula Sharp
March 12, 2018

Although claim to the invention of the little black dress is more often attributed to Coco Chanel, who had already popularized the look, or to the many designers who had made black dresses before her, the style instantly became associated with Hubert de Givenchy.

"It is with huge sadness that we inform you that Hubert Taffin de Givenchy has died", Venet said.

The French fashion tour de force is credited for popularizing the classic LBD. The designer, who styled British actress Audrey Hepburn and Jackie Kennedy, was 91.

Givenchy is survived by his partner Philippe Venet and his family has asked that instead of flowers, mourned donate to Unicef in his name.

Born into an aristocratic family in the provincial city of Beauvais on February 21, 1927, Givenchy struck out for Paris in his late teens, in the wake of World War II. But his first job was in 1945 when he worked for Jacques Fath in Paris.

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Last year, he opened his "Hubert de Givenchy" exhibition at the Museum of Lace and Fashion in Calais, where, according to WWD, he said: "Mine is one of the most lovely professions in fashion: making others happy with an idea". "His work remains as relevant today as it was then".

"The 6'6" designer cast an impressive shadow in the fashion world in more ways than one. In 1958, he created the iconic Ballon coat and the Baby Doll dress.

In 1988, he sold the house to French luxury conglomerate LVMH, the parent company of a stable of top fashion labels that now includes Dior, Celine, Marc Jacobs, Pucci and Kenzo.

According to The Squander, Givenchy's net worth at the time of his death was in excess of $100 million. Fashion mogul Bernard Arnault, the chief executive officer of the LVMH group, led the tributes.

Givenchy lived in a Renaissance chateau near Paris.

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