H&M net worth $18.92 billion

The Swedish retail fashion label is a high-street favorite sold in 53 countries that made billions selling “disposable fashion,” that is, it continuously updates its designs to project a trend-setter look. If you haven’t known yet, the ‘H’ stands for Hennes, Swedish “for her” and the ‘M’ means Mauritz, the name of the brand’s first retailer. H&M appeals to both haute-couture and off-the-rack markets so well that it made it to our number two place of the richest fashion labels ever.