What was Virgil Abloh’s net worth?
DESIGNER and fashion guru, Virgil Abloh made a name for himself in the highbrow world of fashion.
Virgil Abloh made his millions through his entrepreneurial mindset and became one of the most prominent men in fashion.
What was Virgil Abloh's net worth and legacy?
Abloh passed away on November 28, 2021, after he lost his three-year battle with cancer.
At the time of his death, Abloh was estimated to have a net worth of $20million.
He was celebrated for his unique vision and style but he credited Kanye West for his upward career trajectory.
After he attended Paris Fashion Week with West in 2010, Abloh was hired to take over the creator director position at Kanye West's company DONDA.
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His time at the company made him a household name in the fashion world, and in 2013 he launched his own company, Off-White.
He showed his worth and skillset while simultaneously holding the creative director position for Louis Vuitton's menswear.
What was Virgil Abloh's claim to fashion fame?
Abloh took the spot as the first Black man to hold the top position for the largest luxury fashion conglomerate in the world, Louis Vuitton in 2018.
That year he was named as one of Time Magazine's 100 most influential people alive.
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Abloh was known as a pioneer in the fashion industry, creating luxury streetwear that blended what he called "the gray area between black and white."
When he passed away, Abloh was still creating fashion to revolutionize the industry.
What did he think of his contribution to fashion?
In an interview with in April 2020, Abloh and rapper Alvin Worthy, known as Westside Gunn, spoke about the support they received over the years.
They discussed their contributions to the music industry and Abloh said, "In the timeline of hip hop and rap, what we're talking about is black culture and black art being comfortable in its own skin, not being like, “We have something to prove.'"
"... What I think makes this story important in 2020 is that we no longer have this element within black culture that’s about competition."
Speaking during the Covid-19 pandemic, Abloh was silently battling cancer, but during the interview, his positive nature showed through.
"In 2020 we all realize how we all stand on our own ground. Any competition is more for the health of the ecosystem. This is the way forward," he said.
"In the whole ecosystem of black art, it's like, “Oh, cats are collaborating and this is what I want to see.'”