Marc Jacobs Net Worth
$100 million
Name | Marc Jacobs |
Date of Birth | April 9, 1963 |
Age | 59 years old |
Height | 5 ft 7 inch (1.75m) |
Profession | Fashion Designer |
Nationality | American |
Religion | Judaism |
Net Worth | $100 million |
Marc Jacobs Introduction
Marc Jacobs is a well-recognized fashion designer from the United States. He is the creative director of his own clothing brand, Marc Jacobs, as well as Marc by Marc Jacobs, a diffusion brand that was manufactured for around 15 years before being terminated after the 2015 fall/winter collection.
Marc Jacobs Early Life
Jacobs was born in New York City to a non-observant Jewish household. His dad, a William Morris Organization director, perished when he was seven years old. His mom, who married three times, was “mentally unwell,” according to Jacobs, and “didn’t really take care of her kids.”
As a youngster, he moved to the Upper West Side to reside with his paternal grandmother in an apartment at the Majestic on Central Park West.
Jacobs was raised in Teaneck, New Jersey, and graduated from Teaneck High School. He went to the High School of Art and Design as well as the Parsons School of Design in New York.
In 1984, he received the Perry Ellis & Chester Weinberg Gold Thimble Award and was named Designing Student of the Year for Parsons.
In 1987, he received the Society of Clothing Designers of America’s Perry Ellis Medal for New Fashion Talent’s youngest recipient. In 1993, he was named Women’s Designer of the Year by the Association of Clothing Designers of America.
Marc Jacobs Personal Life
In April 2018, Jacobs offered his then-boyfriend Charly Defrancesco a flash mob. The flash mob performance was to Prince’s tune “Kiss,” and it did take place at a Chipotle restaurant.
Far from the gloss and glamour of the fashion industry. On April 7, 2019, the pair married in a grandiose wedding in New York City.
Marc Jacobs Age, Height, & Weight
Being born in 1963, on the 9th, of April “Marc Jacobs” age is 59 years old as of today date and his height is 5 feet 7 inches tall, (1.75 m), and his weight is 72 kilograms and (152 lbs) in pounds as of 2022.
Marc Jacobs Career
Jacobs produced his first collections for the brand Sketchbook for Reuben Thomas at the age of 21, citing the movies Amadeus as well as Purple Rain as inspirations for the brand. He was the youngest designer to receive the Society of Clothing Designers of America’s Perry Ellis Prize for New Fashion Talent in 1987.
Jacobs takes over as women’s clothing designer at Perry Ellis, where he earned the coveted Womenswear Manufacturer of the Year accolade in 1992. (and took the award again in 1997). During that year, he was fired after designing a “grunge” appearance for Perry Ellis.
That same year, under the industry’s demands, Jacobs’ personal life was upended by a period of intense drug usage, involving frequent binge episodes of cocaine, heroin, and alcohol.
Jacobs Duffy Designs Inc established its own licensing and design firm, Marc Jacobs Worldwide Company, L.P., in 1993. Jacobs’ first full menswear collection was released in 1994. In 1997, Jacobs was named creative director of Louis Vuitton, and he went on to establish the company’s first ready-to-wear clothing line.
Jacobs has collaborated with numerous well-known artists through his Louis Vuitton partnerships, including Takashi Murakami, Stephen Sprouse, Richard Prince, and Kanye West.
Jacobs sought treatment for substance addiction difficulties in 1999. While continuing to successfully build his own label, a clean and sober Jacobs debuted his secondary brand, Marc by Marc Jacobs, in the summer of 2001. He also had his name licensed for fragrances and accessories. The look was the Marc, his earlier ready-to-wear license in Japan, with a market cost of 50 million euros in 2005.
Jacobs debuted a new range of body-splash scents in ten-ounce bottles marketed by Coty in 2006. While they were first exclusively available in perfume shops, they have since grown more mainstream and popular. “Marc Jacobs as well as Louis Vuitton,” a new documentary on Jacobs, was released in 2007 by director Loc Prigent.
Jacobs was accused of stealing a scarf design produced in the 1950s by a Swedish designer called Gösta Olofsson in 2008. Jacobs settled the dispute financially by paying Olofsson’s son compensation. The next year, Jacobs offered a shirt demanding the legalization of homosexual marriage at his stores.
Jacobs co-hosted a “model plus muse” event for the New York City Metropolitan Museum of Art’s Costume Institute in May 2009. In February 2010, Jacobs sued Ed Hardy for infringing on the patterns of one of Jacobs’ embroidered handbags.
During Mercedes-Benz Berlin Fashion Week in 2011. Jacobs was a supporter of the “Designer for Tomorrow by Peek & Cloppenburg” young talent award. Five finalists were chosen by Jacob and the panel members and got personal coaching from Jacobs.
During the DfT award event, the jury and Jacobs selected the 2011 winner. Jacobs was expected to succeed John Galliano as artistic director of Christian Dior in 2011, however, Jacobs put those speculations to bed in January 2012. Jacobs was designated Diet Coke’s new creative director in February 2013. In celebration of Diet Coke’s anniversary celebration, Jacobs devoted a year to redesign the brand.
Marc Jacobs announced his departure from Louis Vuitton in October 2013, following the Spring/Summer 2014 fashion show, to focus on his own label. In January 2014, it was revealed that Miley Cyrus will star in Jacobs’ upcoming Spring/Summer collection, which would be shot by David Sims. On February 26, 2014, actress Jessica Lange was revealed as the fresh image of Marc Jacobs Cosmetics.
Jacobs opted to use social networking sites to cast models for Marc by Marc Jacobs’ Autumn/Winter 2014 campaign, and after its success, he did so again for Summertime 2015, which was also photography by his go-to, David Sims. In February 2018, it was announced that Baja East co-founder John Targon will join Marc Jacobs as modern artistic director. Jacobs received MTV’s inaugural Fashion Trailblazer Award during the VMAs in August 2019.
Marc Jacobs Net Worth
Jacobs’ amount of net worth is $100 million according to our reports. Jacobs was named creative director of Louis Vuitton in 1997, and he went on to design the company’s first ready-to-wear apparel collection.
Since then, he has collaborated with numerous well-known artists, including Takashi Murakami, Stephen Sprouse, Richard Prince, as well as Kanye West. Jacobs debuted his new perfume brand in 2006, which was supplied by Coty. Jacobs was chosen as Diet Coke’s new creative director in February 2013, and in honor of the beverage’s anniversary celebration, he devoted a year to revamp the brand.
Marc spent $9.2 million in April 2019 for a Frank Lloyd Wright-designed property in Rye, New York. Marc leased a New York City home for $10.5 million in March 2020.
Conclusion
Marc Jacobs has an approximate net worth is estimated to be around $100 million as of 2022.
Jacobs is the founder and creative director of his own fashion company, Marc Jacobs, previously Marc by Marc Jacobs. Marc established his fashion business in 1984. He sold a majority share in the business to luxury goods behemoth LVMH in 1997.
The Association of Clothing Designers of America recognized him as Menswear Manufacturer of the Year in 2002 and Accessories Manufacturer of the Year in 1998/99, 2003, and 2005.