DOMENICO DOLCE and Stefano Gabbana have been named billionaires for the first time, according to Bloomberg’s Billionaires Index. Their eponymous label is valued at $5.3 billion (£3.3 billion), taking into account the €1.1 billion (£910,000,000), the firm made before tax and interest in 2011. Dolce, who owns a 41.8 per cent stake in the brand, is thought to have a net worth of $2.2 billion (£1.3 billion), Gabbana controls a 40 per cent stake – accumulating in an estimated wealth of $2.1 billion (£1.3 billion). The designer […]

Categories: Fashion • Tags: Bernard Arnault, Bill Gates, Carlos Slim, Dolce & Gabbana, LVMH, Microsoft, Net worth, Sandro Veronesi