Shoe Designer Christian Louboutin Is Now A Billionaire

After four decades of keeping his well-heeled clients in his iconic red-soled heels, shoe designer Christian Louboutin is now a billionaire. The 61-year-old designer is stepping into the billionaire ranks thanks to his eponymous fashion brand. While still best-known for its towering stilettos and perilous platforms, the Louboutin brand has expanded into sneakers, bags, and beauty products, as well as lines for men and children.
The company was valued at $3.2 billion last year by Exor, the investment company of Italy’s Agnelli family, which bought a 24% stake in 2021 for about $650 million. Louboutin still owns 35%-which Forbes values at $1.1 billion. That stake makes up most of an estimated $1.2 billion fortune that includes other investments such as the Vermelho Hotel, a luxury resort he opened in southern Portugal last year. Representatives for Louboutin didn’t respond to requests for a comment on the valuation.
Read the full story on Forbes:
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0:00 Introduction
1:21 Christian Louboutin's Background In Fashion
3:25 How Did Christian Take Over The Fashion World?
5:37 Where Louboutin Stands Today In Pop Culture And Popularity
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Пікірлер: 88

  • @GlamGetawayz
    @GlamGetawayzАй бұрын

    Feels like he's been deserving of this title 🎉🫶❤👏

  • @charletfoster8917
    @charletfoster8917Ай бұрын

    Absolutely ❤his fashion n his perfumes are 🤩🤩🤩🤩🤩🤩

  • @sutats
    @sutats4 күн бұрын

    Lovely. That's the power of passion.

  • @omarileedelegance
    @omarileedeleganceАй бұрын

    KING KEEP SHINING BRIGHT #perfection

  • @w.urlitzer1869
    @w.urlitzer1869Ай бұрын

    this commentator could make anything boring.

  • @mohammadal-drees3106

    @mohammadal-drees3106

    Ай бұрын

    Right!!! He’s a snooze!

  • @nahhhbruhhh

    @nahhhbruhhh

    5 күн бұрын

    Lmao so why are yall hereeee? Lol

  • @user-sn2oq4qt7b
    @user-sn2oq4qt7bАй бұрын

    still my favorite heels of all time😂

  • @TheoHuxtible
    @TheoHuxtible2 күн бұрын

    He needs to thank hip-hop culture for putting him over the edge

  • @eddedream8586
    @eddedream85868 күн бұрын

    Deserved! Congrats to him!

  • @hanssolos3699
    @hanssolos3699Ай бұрын

    darth vader and baby yoda are wearing laboutins in space

  • @13ikea
    @13ikea16 күн бұрын

    5:22 curios to know his reasoning behind choosing those places

  • @mariamariner23
    @mariamariner23Ай бұрын

    They're super cute !!!

  • @codylim1
    @codylim1Ай бұрын

    Finished watching 6:47

  • @lvbadboy
    @lvbadboyАй бұрын

    is it cash or valuation ?

  • @NotKimiRaikkonen

    @NotKimiRaikkonen

    Ай бұрын

    Valuation. Its not cash, unless you sell.

  • @lvbadboy

    @lvbadboy

    Ай бұрын

    @@NotKimiRaikkonen thanks thats what I thought. I feel a lot this financial news is “ clickbait” fueled by investors. In the last 29 years so many alleged “billionaires”

  • @NotKimiRaikkonen

    @NotKimiRaikkonen

    Ай бұрын

    ​@@lvbadboyI mean, net worth is just assets minus debt. If you own a company, it's part of your net worth.

  • @ikexbankai

    @ikexbankai

    Ай бұрын

    @@NotKimiRaikkonenyeah but when most people hear someone is a billionaire they think they have a billionaire dollar in cash. Which he does not

  • @NotKimiRaikkonen

    @NotKimiRaikkonen

    Ай бұрын

    @@ikexbankai sound like most people are misinformed. That's never been the definition of net worth...

  • @nourzakiofficial
    @nourzakiofficial2 ай бұрын

    You can mention that he has Egyptian roots…

  • @ryosaeba5693

    @ryosaeba5693

    2 ай бұрын

    Actually Cameroon

  • @themarquis336

    @themarquis336

    Ай бұрын

    Completely irrelevant to the video

  • @w.urlitzer1869

    @w.urlitzer1869

    Ай бұрын

    @@ryosaeba5693 from wiki: He discovered that he had Egyptian heritage from his biological father

  • @Hejzizzjzjz

    @Hejzizzjzjz

    Ай бұрын

    They would never because it doesn’t fit the French brand image…

  • @nahhhbruhhh

    @nahhhbruhhh

    5 күн бұрын

    @@themarquis336why would it be irrelevant lol it’s about him

  • @Adovian_
    @Adovian_5 күн бұрын

    Just now?

  • @islandpersuasion4690
    @islandpersuasion46904 күн бұрын

    I prefer Giuseppe Zanottis.

  • @danarobinson6156
    @danarobinson6156Ай бұрын

    Cool 😎

  • @perryrice4149
    @perryrice4149Ай бұрын

    They're very hard to walk in so I had to create my own by purchasing walk on red shoe paint. You wouldn't know they wasn't real. Red bottoms. 🤔😏😔☺️

  • @LEGACY59CONTINUES
    @LEGACY59CONTINUESАй бұрын

    Time stamp 2:03 ........OMG yesssssss🌹🌹🌹🌹🌹🌹🌹

  • @orex
    @orexАй бұрын

    He looks sleepy

  • @milospanic89
    @milospanic89Ай бұрын

    Wow

  • @mclkaraboulad
    @mclkarabouladАй бұрын

    Dude That's christian louboutin Not louis vuiton Damnnnnnn

  • @KuwaitiHabibi
    @KuwaitiHabibi6 күн бұрын

    His classic designs in the mid 2000s were beautiful. Now his designs are just plain tacky. I prefer the designs of Manolo Blahnik. Not the Hangisi pumps but his other more seasonal designs. I don’t find Louboutin’s red sole in particular tacky, it’s just the studs and beading and shiny materials they use that make them look very cheap imo.

  • @kmtaylor88
    @kmtaylor882 ай бұрын

    Your description writer is a plagiarist!

  • @bobbymunyavi5357
    @bobbymunyavi5357Ай бұрын

    they look like $20 shoes

  • @VIVIHESS

    @VIVIHESS

    Ай бұрын

    You look broke.

  • @BleuBelair

    @BleuBelair

    3 күн бұрын

    They look like a piece of Art. Which has a costly price.

  • @TobeyMontona
    @TobeyMontona6 күн бұрын

    I dont know how. Every pair I've seen are stolen or fake.

  • @edwinchehe1893
    @edwinchehe18932 ай бұрын

    😊

  • @user-df1lb1sg7p
    @user-df1lb1sg7pАй бұрын

    🎉🎉🎉❤❤❤❤

  • @marika8642
    @marika8642Ай бұрын

    Why can't he make more flats?

  • @Ki_Thi
    @Ki_Thi3 күн бұрын

    Your historical stock images are a mess 'in the 80s' shows a black and white pic of a 1960s at most shoe maker. All these picture make it seem Louboutin is like the WW generation while he's a contemporary designer, he's only 60

  • @TrueWalker88
    @TrueWalker88Ай бұрын

    I've always found high heels sort of cartoonish. It makes women look silly, teetering around like some geisha. You can't run if you need to, can't walk very far, they hurt and are all around impractical. Obviously millions of people like them but I just don't get it.

  • @Jackpolee
    @Jackpolee9 күн бұрын

    That’s how much overpriced the product is, $80 shoe for $1000 No one should become billionaire by selling shoes.

  • @SidewaysInTraffic
    @SidewaysInTraffic2 ай бұрын

    Seems like the designer shoes are dying down again. Without EDD or stimulus money, it's a lot harder to pay $1K on shoes when you have to work for it.

  • @peacebewithyou9785

    @peacebewithyou9785

    Ай бұрын

    That’s because it’s not meant for people that has Edd or stimulus. I get the poor, unfunny joke you were trying to insinuate ,but that was just tacky.

  • @KYLETISZAI

    @KYLETISZAI

    Ай бұрын

    No sht??

  • @ColombianLNP
    @ColombianLNPАй бұрын

    This video looks and sounds like "ai" Also goes to show you that money doesnt mean good taste. These are gaudy looking imo.

  • @Omari3333
    @Omari3333Ай бұрын

    Christian Louboutin don't have to explain yourself. 👠

  • @Aitkenova_Gulmira
    @Aitkenova_Gulmira2 ай бұрын

    😇🤗

  • @patty4709
    @patty47093 күн бұрын

    The point toe shoe, while beautiful and sexy, will and do create havoc with your feet as you age. I speak from experience. I wore pointed toe school for 65 years. Now, I have nerve paint and toe problems with my feet. My sneakers must now have a wide toe and higher arch. Be careful what you wish for ladies.

  • @user-db8kq8te5z
    @user-db8kq8te5zАй бұрын

    But is he a GIGILONAIRE?

  • @KYLETISZAI

    @KYLETISZAI

    Ай бұрын

    No

  • @Camilliamahal
    @Camilliamahal26 күн бұрын

    Sad face …… 😔 something within is lost though the outer is a billionaire

  • @TLBxFinds
    @TLBxFinds16 күн бұрын

    Most uncomfortable luxury item

  • @lv5949
    @lv59492 ай бұрын

    Over priced

  • @nicolemudekereza6653
    @nicolemudekereza66532 ай бұрын

    I made him a billionnaire😅🥹

  • @mikedc
    @mikedc2 ай бұрын

    How when people dont wear red bottoms no more lol

  • @rrsee-zk3zu

    @rrsee-zk3zu

    Ай бұрын

    Quiet luxury trend. Yes. Plus it’s still the go to shoes of the upper middle to the 1%

  • @mikedc

    @mikedc

    Ай бұрын

    @@rrsee-zk3zu I own 2 pairs of his shoes and his shoes suck. So I'm upper class? Lol

  • @mikedc

    @mikedc

    Ай бұрын

    @@rrsee-zk3zu I haven't purchased his shoes since 2017 tbh. I wear more dior lvmh than CLs. A lot of women stopped wearing red bottoms and wear dior hermes etc. CL red bottoms are dated. Not even 1% wear them

  • @mikedc

    @mikedc

    Ай бұрын

    @@rrsee-zk3zu also red bottoms aren't considered quiet luxury. Quiet luxury are brands without logos

  • @mikedc

    @mikedc

    Ай бұрын

    @@rrsee-zk3zu btw fun fact I also have 2 suits from savile row. Lol. Maybe I am 1% upper middle class. You own any savile row suits?

  • @annaelisavettavonnedozza9607
    @annaelisavettavonnedozza9607Ай бұрын

    I helped make him that rich 😂😂😂

  • @fred2k112
    @fred2k1124 күн бұрын

    Is he black?