Vera Wang Net Worth $650 Million
Wang was hired to be an editor at Vogue immediately upon graduation from Sarah Lawrence College, making her the youngest editor at that magazine. She stayed at Vogue for 17 years, leaving in 1987 to join Ralph Lauren, for whom she worked for 2 years. At 40 she resigned and became an independent bridal wear designer. Vera Wang Spring-Summer 2014 runway show at New York Fashion Week
Wang has made wedding gowns for public figures such as Hayley Williams, Ariana Grande, Chelsea Clinton, Karenna Gore, Ivanka Trump, Campbell Brown, Alicia Keys, Mariah Carey, Victoria Beckham, Sarah Michelle Gellar, Avril Lavigne, Hilary Duff, Khloe Kardashian, and Kim Kardashian. Wang’s evening wear has also been worn by Michelle Obama.
She has designed costumes for figure skaters, including Nancy Kerrigan, Michelle Kwan, Evan Lysacek, and Nathan Chen. Kerrigan wore a Wang piece for the 1992 and 1994 Winter Olympics, Kwan for the 1998 and 2002 Winter Olympics, Lysacek for the 2010 Winter Olympics, and Chen for the 2018 Winter Olympics. Wang was inducted into the U.S. Figure Skating Hall of Fame in 2009 for her contribution to the sport as a costume designer. She designed the uniforms worn by the Philadelphia Eagles Cheerleaders.
On October 23, 2001, her book, Vera Wang on Weddings, was released. In June 2005, she won the Council of Fashion Designers of America (CFDA) Womenswear Designer of the Year. On May 27, 2006, Wang was awarded the André Leon Talley Lifetime Achievement Award from the Savannah College of Art and Design.
Wang’s evening wear has been worn by stars at many red carpet events, including Viola Davis at the 2012 Academy Awards, and Sofia Vergara at the 65th Emmy Awards. She was awarded the Council of Fashion Designers of America Lifetime Achievement Award in 2013.
In 2006, Wang reached a deal with Kohl’s, a chain of department stores, to produce a less expensive line of ready-to-wear clothing exclusively for them called Simply Vera.
Forbes placed her the 34th in the list America’s Richest Self-Made Women 2018, her revenues rising to $630 million in that year.
On September 10, 2019, after a sabbatical of 2 years during which she had presented her collections only via films, Vera Wang returned to the New York Fashion Week runway for her Spring/Summer 2020 fashion show, which celebrated the 30th anniversary of her brand. The show received very positive reviews, with Godfrey Deeny describing it as a “notable collection by one of the few New York designers with a truly distinctive fashion DNA”, while Bridget Foley presented Vera’s creations as “Beautiful, seriously designed clothes, presented with gutsy panache”. However, the show was marred by several major footwear malfunctions, especially during the finale when four models fell down, including Fei Fei Sun, who fell twice in a row, leading chief fashion critic Vanessa Friedman to state that “In 2019, no woman should be tortured by what she wears”.