Rich and famous people like to wear luxury brands, allowing them to enjoy a sense of style and affluence. Luxury brands sell high-quality and most sought designer apparel. As a result, luxury brand apparel tends to attract high prices.
Luckily, the rich are always willing to pay the price to have luxury labels. It is because luxury brands are selective and exclusive, making them scarce and sophisticated. This then gives millionaires confidence to wear what common people cannot afford.
List of Luxury Brands Billionaires Wear
What brands do rich people wear? The following is a list of luxury brands that rich people wear.
1. Louis Vuitton
Louis Vuitton is possibly the most luxurious brands billionaires wear. Its CEO and Chairman is Bernard Arnault, one of the richest people in the world. It was founded in 1854 in France. Louis Vuitton is the largest luxury fashion brand in the world.
Louis Vuitton specializes in all shoes and bags including handbags. They have all kinds of luxury wear including the Urban Satchel luxury bags that cost £112,000. They also have a collection of both women's and men's wear. They have stores in countries like France, the U.S, Japan, China, and Canada.
Dior is one of rich people brands. It was started by Christian Dior in 1946 in Paris, France. It is controlled and chaired by French Billionaire Bernard Arnault. Dior through its creative Director Maria Grazia Chiuri has revolutionized the women’s fashion industry.
Dior deals with both women's and men’s wear. They also deal with handbags, fashion, accessories, and different kinds of bags.
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Balenciaga was founded by Cristobal Balenciaga in 1919 in Spain. However, it became successful in 1950 in Paris, France. Balenciaga is a luxury brand for sneakers, shoes, and coats. It became famous after releasing Speed Sock which attracted much attention from fashionistas and influencers.
Balenciaga has established itself in the market for its new forms of footwear such as sock sneakers. It has some of the best designers in the world like Demna Gvasalia, a Georgian designer.
Gucci is also among rich clothes brands for wealthy people. It was started by Guccio Gucci in 1921 in Florence, Italy. The word Gucci is used in slang to mean fancy or fashionable.
Gucci started as a leather shop and even up to date, it is still deals with leather products. They sell handbags and belts like the most famous one being the double-G motif. They also deal with other products like loafers for men and ankle boots for women.
5. Saint Laurent
Saint Laurent was started by French fashion designer Yves Saint-Laurent, together with his partner Pierre Berge in 1936. This luxury brand has revolutionized women’s fashion with fashionable looks.
Saint Laurent is famous for its classy Tuxedo and exquisite suit jackets for women. They also have a wide selection of women’s wear.
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Prada is also a fashion house and luxury brand for billionaires. It was founded in 1913 in Milan Italy. It was founded by Mario Prada, an Italian fashion designer. It started as a shop that sold animal goods and imported handbags.
They deal with both women and men ready to wear clothes, shoes, bags, and accessories. It was the first one to hold womenswear and menswear show in Milan.
Versace was started in 1978 by Gianni Versace in Milan, Italy. It is well known for its boldness and glamor for celebrities like Naomi Campbell. Some of their major dealings include tinny latex dresses, men’s gabardine blazers, and a collection of bags with Versace’s Medusa logo.
8. Dolce & Gabbana
Dolce & Gabbana was started in 1985 by Domenico Dolce and Stefano Gabbana in Italy. Dolce & Gabbana is a fashion store that deals with accessories and clothing for men and women. It also deals with shoes, bags, and all kinds of apparel like bodysuits and bikinis.
9. Bottega Veneta
Bottega Veneta was started by Michele Taddei and Renzo Zengario in 1966 in Vincenzo, Italy. This fashion brand for the rich deal with apparel and accessories. It also deals with bags, shoes, and wallets.
Armani luxury brand was started by Giorgio Armani, a fashion designer in Milan, Italy in 1975. It is one of the most respected brands in the world.
Some of the luxurious products they sell include wool coats, suede trousers, and cashmere-gauze dresses. They deal with both men's, women's collections and clothes for children.
Read also: Where do rich people shop online?
What Brands Do Millionaires Wear?
What brands do rich wear? There are 5 major luxury brands for millionaires and billionaires. They include Louis Vuitton, Dior, Versace, Gucci, and Saint Laurent. These brands are worn by the rich and world’s famous people. It is because they are expensive and exclusive and only them can afford them.
Summary of List of Luxury Brands Billionaires Wear
What is your fashion luxury brand? The above are some of the luxury brands for the rich. Rich and famous people like to wear exclusive brands that are not common, giving them a sense of style and fashion. Besides, these brands are of high quality and they are durable.