Virgil Abloh was a fashion designer, artist, and DJ from the United States who died in November 2021 with a net worth of $100 million. Virgil was a well-known fashion director and the creator of the luxury streetwear label Off-White.
In 2018, he was appointed as artistic director of Louis Vuitton. He used to be one of Kanye West’s creative directors. Abloh was the first African-American artist to lead a French luxury fashion brand.
Who is Virgil Abloh?
Virgil Abloh was born in Rockford, Illinois on September 30, 1980. His parents are Ghanaians who immigrated to the United States.
Virgil earned a Master of Architecture from the Illinois Institute of Technology (IIT) after graduating from the University of Wisconsin Madison in 2002 with a degree in civil engineering. During his time at IIT, he started a fashion blog called The Brilliance and started designing t-shirts.
How much does Virgil Abloh make per year?
Virgil Abloh’s annual base compensation at LVMH was $10 million.’
What investments does Virgil Abloh have?
The fashion designer has invested in several brands like Off whites and Louis Vuitton
How many Endorsement deals does Virgil Abloh have?
The late fashion designer was a brand Ambassador of his own brands like Off whites and Louis Vuitton.
How many Philanthropy works has Virgil Abloh supported?
He launched the Virgil Abloh “Post-Modern” Scholarship Fund in 2020. Abloh donated $1 million to the Fashion Scholarship Fund, which will oversee the scholarships for Black students. Off-White, Abloh’s brand, launched a fundraising program called “I Support Young Black Businesses” in July 2020, selling Hoodies and T-Shirts with the phrase “I Support Young Black Businesses” inscribed on them.
All of the earnings went to a group called Chicago CRED, which works to reduce gun violence. He also completed the redesign and improvements of the Boys and Girls Club facility in East Garfield Park, Chicago, with Nike the same year. Abloh devoted substantial time to mentoring and providing mentoring materials to budding designers.
How many businesses does Virgil Abloh own?
Virgil launched the Milan-based fashion label Off-White in 2013. The brand debuted a women’s wear line in 2014, which debuted at Paris Fashion Week the following year. The brand became well-known for its unconventional use of quotation marks, uppercase letters, zip ties, and barricade tape images.
Off-White released “The Ten,” a Nike shoe collaboration, in 2017. He has also collaborated with Ikea to design furniture and tote bags.
Similarly, Virgil was named artistic director of Louis Vuitton’s menswear ready-to-wear brand in March 2018.
LVMH announced in July 2021 that it has acquired a 60% share in Off-White for an undisclosed sum. Off-White had 56 retail locations in 40 countries at the time of the transaction.
Source: www.ghgossip.com
