Alexander Wang is a fashion designer based in America. He has been the creative director of some very influential and popular fashion brands. He has been a very successful entrepreneur as well in terms of running his own fashion line. In order to know more about Alexander Wang’s net worth in 2019, continue reading this article.
Alexander Wang was born on the 26th of December, 1980 to a Taiwanese-American couple in San Francisco, California. For his elementary and middle schooling, he went to the Harker School in San Francisco but left it in ninth grade to attend a boarding school, Stevenson School at Pebble Beach, CA. Alexander Wang didn’t like it there and returned to San Francisco to spend the rest of his high school years at the Drew School.
He had always had an interest in designing. In fact, when he was 15 years old, he got to do a summer designing program at Central Saint Martins. At the age of eighteen, he went to study designing at the Parsons School of Design, New York.
Alexander Wang after two years at the design school wanted to start his business, that is, his own fashion label. His first line of products was a knitwear collection. His first large-scale showcasing of the products occurred at the New York Catwalk in the year 2007 with his women’s wear collection.
His work received much praise and acclaim. The next year, Alexander Wang won the CFDA/Vogue fashion fund. The award includes a $20,000 cash prize. The prize intends to help young designers and entrepreneurs expand their business. Soon, followed the launch of Alexander’s handbag collection and later he launched the Women’s T and the Men’s T by Alexander Wang. The hugely successful launches made him a popular name across the fashion scene.
Alexander Wang’s women’s wear collection from 2007 became very popular, and in fact, it is now sold at over 700 stores worldwide. His brand now has 16 stores across 7 countries. Alexander Wang’s first store opened in Soho in Lower Manhattan. His Resort 2012 collection is also very popular, which he claims to have created having been inspired by female sports personalities. This brightly colored collection is known to be inspired by his admiration for the technology that goes into sports clothing.
These track pants and windbreakers along with the sports accessories, like sneakers are likely to be popular among his urban clientele. By the end of 2012, Alexander Wang was reported to have joined the Balenciaga, the French Fashion House, as their creative director taking over from the late Nicolas Ghesquiere.
His first Balenciaga collection was launched at the famous Balenciaga salon in Paris and became a big hit. However, he left the brand in 2015. He also designed a collection for the Swedish brand H&M that consisted of garments and accessories for both men and women available at all the H&M retail stores.
Awards and Achievements
Alexander Wang not only received the Vogue Fashion Fund Award in 2008 but also was named the Swarovski Women’s wear designer of the year, 2009. He also received the Swiss Textiles Award that same year. In 2011, GQ US recognized Alexander Wang as the Best Men’s Wear Designer of the year. In 2011, he won the award for the best accessory designer of the year from CFDA and received the fashion star from Fashion Group International in 2013.
Net Worth of Alexander Wang
Alexander Wang’s net worth is a total of $90 million. A massive fortune that he has rightfully acquired with his knack for fashion and hard work.
Alexander Wang is a relatively young fashion designer. Despite being on the fashion scene for a short time, he has made a name for himself and has gained wide popularity. Of course, this has not come without controversies, like the one regarding his workshops in China Town. However, Alexander Wang has been able to come out of these without much harm to his reputation.