Today it is been reported that the founder of the famous Herve Leger brand, Herve Leroux died at the age of 60. Herve Leroux was an extremely wealthy designer, having worked at Fendi and Chanel before starting his own company.
Eventually, Herve Leroux sold his brand and got into other areas of style and fashion.
So what was Herve L. Leroux net worth when he died? How much did the Herve Leger brand earn him?
Herve Leroux studied art in Paris before he got tired of the art world and moved into hairdressing. He became a full-fledged hairstylist, and became well known, doing shows and presenting his work worldwide.
He became very interested in fashion and decided to devote his career to it. After working at different companies, he got a job at Chanel, where her was involved in designing their new fashions.
Leroux decided to quit Chanel to start Herve Leger in 1985. He opened up a store in Paris and began selling his clothes. At the same time, he contracted to do work for other designers like DVF. Leroux is best known for creating the famous bandage dress.
In 1999, Leroux sold Herve Leger to BCBG Max Azaria.
He then went on to start his own new company called Herve L. Leroux. He worked there in the 2000s, as well as doing other work like working on fragrances and candle designs.
So what was Herve L. Leroux net worth when he died?
The terms of the BCBG/Herve Leger deal were never disclosed, however, the company did go bankrupt and the combined company was recently sold for just $100 million.
The number $87 million is batted around the Internet for Leroux’s net worth; however, it doesn’t appear that he was that wealthy, given the performance of his investments, and the value of his most recent business.
We estimate Herve Leger founder Herve L. Leroux net worth at $50 million.