Italian fashion designer and entrepreneur Domenico Dolce is one half of the luxury fashion house, Dolce & Gabbana (D&G), along with Stefano Gabbana. The duo, who founded the brand in 1985, has become an industry icon and is also the world’s most influential fashion designer. Do you know, they were even an open couple?
Domenico Dolce’s Net Worth In 2020
The fashion designer Domenico Dolce, who is one half of powerful fashion designers duo, Dolce & Gabbana, founded the company back in 1985. Their company skyrocketed when Madonna chose them to design the customs for her Girlie tour. Now, he has collected a hefty worth.
As of 2020, Domenico Dolce’s net worth is reported to be around $2.2 billion, according to Forbes. The 61 years old fashion designer is in the position of 1851 in the billionaires’ 2020 list. Back in October 2015, his worth was $1.74 billion. During the time, he was the 17th wealthiest person in Italy.
As per Bloomberg, the value of their company is around $5.3 billion. Dolce owns a 41.8% stake in the company, whereas his partner, Gabbana, has a 40% stake. Gabbana is also a billionaire and has a net worth of $2.1 billion.
Domenico and Stefano first met back in 1980, via his employer designer Giorgio Correggiari. Three years later, they left Giorgio to work on their own, and in 1985, they launched Dolce & Gabbana.
They made their brand debut at Milano Collezioni’s Nuovi Talenti. In the following year, they released the brand’s first collection and even held the show, Real Women.
Two years later, in 1987, they opened the first D&G store in Milan. The company continued expanding, firstly releasing lingerie and beachwear line, and then menswear line. In October 1991, the brand released its first fragrance, Dolce & Gabbana Parfum.
As mentioned above, D&G grabbed huge attention after Madonna chose the brand to design costumes for her Girlie Show World Tour. Now, they have designed for Kylie Minogue, Isabella Rossellini, Monica Bellucci, and Angelina Jolie.
The brand later attended lines, including belts, ties, sunglasses, footwear, handbags, and watches.
Domenico and Stefano Gabbana Were a Couple
Many people might not know besides being a business partner, Domenico and Stefano were a couple. They were an open couple and were in a relationship for many years. After the success, they lived in Milan and even purchased many properties on French Riviera.
Sadly, even after being in a relationship for long, the gay couple could not hold their relationship long. As per sources, they started dating in 1982 and later separated in 2003. However, even after separation, they still work together at D&G.
Now, after separation from Stefano, it is not clear if he is dating or already moved. He currently lives a low-key profile.