Virgil Abloh Net Worth: Impact of a Fashion Visionary

May 15, 2024

Virgil Abloh's remarkable career and extensive influence have left a lasting mark on the fashion industry and beyond. At the time of his death in November 2021, Abloh had a net worth of $100 million.

Career Achievements

Fashion Director and Brand Founder

Virgil Abloh was the founder of the luxury streetwear brand Off-White and became the Artistic Director of Louis Vuitton in 2018, making him the first African-American to lead a French luxury brand's menswear line.

Collaboration with Kanye West

Abloh's collaboration with Kanye West significantly impacted his career. He served as the Creative Director for Kanye West and played a crucial role in Kanye and Jay-Z's collaborative album "Watch the Throne."

Influence and Recognition

In 2018, Abloh was named one of the 100 most influential people in the world by Time magazine. The following year, he was appointed to the board of directors of the Council of Fashion Designers of America.

Noteworthy Business Moves

"Virgil Abloh Paris Fashion Week Autumn Winter 2019" by Myles Kalus Anak Jihem is licensed under CC BY-SA 4.0. To view a copy of this license, visit https://creativecommons.org/licenses/by-sa/4.0/.

LVMH Acquisition

In July 2021, LVMH acquired a 60% stake in Off-White. With this acquisition, Abloh was promoted to work across various LVMH product categories, including Hennessy, Dom Perignon, and hotels.

Salary

"Virgil Abloh — Men’s Artistic Director of LVMH" by jurvetson is licensed under CC BY 2.0. To view a copy of this license, visit https://creativecommons.org/licenses/by/2.0/.

Base Salary at LVMH

Virgil Abloh's base salary at LVMH was $10 million per year.

Early Life and Education

Background

Abloh was born in Rockford, Illinois, to Ghanaian immigrant parents. He learned sewing from his mother, a seamstress, and his father managed a paint company.

Educational Background

He graduated with a civil engineering degree from the University of Wisconsin-Madison in 2002 and earned a Master of Architecture from the Illinois Institute of Technology (IIT) in 2006.

Early Career

Abloh launched a fashion blog called The Brilliance and began designing t-shirts while at IIT. He interned at Fendi's Rome headquarters, where he met Kanye West.

Entrepreneurship and Brand Development

RSVP Gallery

In 2010, Abloh co-founded a retail store in Chicago called RSVP Gallery.

Off-White

Founded Off-White in 2013, focusing on unique fashion elements like quotation marks and zip-tie imagery. The brand launched a women's wear line in 2014, showcasing it at Paris Fashion Week.

Collaborations and Partnerships

Abloh collaborated with Nike in 2017 for "The Ten," partnered with IKEA to design furniture and tote bags, and launched a luggage line with Rimowa in 2018.

Impact at Louis Vuitton

Artistic Director of Menswear

Virgil Abloh was named Artistic Director of Louis Vuitton's menswear line in March 2018.

Expansion under LVMH

By July 2021, Off-White had 56 retail locations worldwide in 40 countries.

Personal Life

Family

Abloh married his high school sweetheart in 2009 and had two children.

Virgil Abloh's multifaceted career and dedication have solidified his legacy as a visionary in fashion. His story is a testament to his remarkable talent and the impact of his work on future generations.

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JJ Sterling
As the co-founder of Urban Splatter and an architecture graduate from Chicago, I thrive on crafting a digital nexus where architectural innovation intersects with boundless digital opportunity. My academic roots in the Windy City's rich architectural tapestry inspire a unique vision for Urban Splatter's journey into the ever-evolving digital frontier of design. Join us as we navigate the exciting confluence of structure, style, and technology.

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