Virgil Abloh Net Worth
|Net Worth:||$100 Million|
|Salary:||$10 Million Per Year|
|Real Name:||Virgil Abloh|
|Date of Birth:||31st August 1980|
|Died:||28th November 2021|
|Cause of Death:||Cancer|
|Age:||41 years old|
|Height:||5 ft 2 in (1.57 m)|
|Profession:||Fashion Designer, DJ, Musician, Visual ARtist|
|Updated:||23rd June 2022|
Virgil Abloh made remarkable strides in the fashion industry since starting his career in 2009. Since then, he has managed to increase his value and has a net worth of an incredible $100 million.
While his yearly salary has been estimated at $10 million a year, you should learn more about his other ventures. Let’s learn more about Virgil Abloh.
Early Life Virgil Abloh
Virgil Abloh was born on 31 August 1980. His parents were migrant Ghanaians who lived in Rockford, Illinois. His father was a painter while his mother worked as a seamstress.
Virgil didn’t grow up in Ghana, but he spent his early childhood in Chicago, Illinois. Abloh went to school in Chicago and graduated from Boylan Catholic High School. This is where his keen interest in fashion started. Abloh would design t-shirts for his teen peers that could be worn for everyday activities.
Virgil Abloh Education
After graduating from Boylan Catholic High in 1998, Virgil Abloh decided to enroll for a Civil and Engineering Bachelor’s degree. He graduated from Wisconsin-Madison University after he had earned his degree in 2002. But, this wasn’t what he wanted to do.
He decided to study further instead of finding a job. By 2006, Virgil Abloh was a Master of Architecture graduate at the Illinois Institute of Technology.
When he was pursuing his Master’s, Virgil’s fashion interest was piqued by one of the buildings on his campus. This is when he decided to launch his fashion blog, The Brilliance, while he continued to design trendy t-shirts.
Career Summary Virgil Abloh
Soon after graduating with his Master’s degree, Virgil Abloh landed his first internship at Fendi. He was stationed at the company’s Rome head office. This is where he met his friend and fellow intern, rapper, and entrepreneur, Kanye West.
They not only became friends, but they soon started to collaborate on creative efforts. In fact, in 2010, Kanye West appointed Virgil Abloh to be the Creative Director for DONDA. Other notable creative collaboration relationship work includes Virgil Abloh as the Creative Director on Watch the Throne, a collaborative album that rappers Jay-Z and Kanye West put together.
In 2013, Virgil decided to embark on a new journey when he launched his brand, Off White. The Milan-based fashion brand showcased its first women’s collection at Paris Fashion Week that same year.
The fashion label became widely known for its unique use of imagery from using barricade tape, punctuation marks, and zip-ties.
In 2017, Off-White had grown so much that it launched a shoe that it had collaborated with Nike. The shoe was called “The Ten” and made considerable fashion waves. In the same year, Virgil Abloh’s fashion label partnered up with furniture designing label, IKEA.
Abloh also focused on tote bags and went on to launch a spectacular luggage line with Rimowa. He was also doing well in the fashion industry.
In 2018, Virgil Abloh made fashion industry news when he was announced as the Artistic Director for French luxury fashion house, Louis Vuitton menswear. Three years later, Louis Vuitton made a groundbreaking announcement that it had acquired 60% of Off-White. By this time, Off-White had grown so much that it had a footprint in over 40 countries with a total of 56 retail stores.
Virgil Abloh’s Personal Life
In 2009, Virgil met his wife, Shanon Sundberg Abloh. The two got married and had two children together. They lived in Chicago with their children.
In 2019, Virgil was diagnosed with a type of cancer that he kept private. Unfortunately, he succumbed to his death in November 2021.
Virgil Abloh Assest
Virgil Abloh loved his cars and this showed in his superb collection. One of his prized cars in his garage is a Bentley Continental GT. Even though he spends most of his time flying in private jets, his ownership of one is inconclusive.
When Virgil wasn’t buying luxury cars he was focused on obtaining the finest electronic products. His electronic gadgets include state-of-the-art DJ equipment. As a fashion lover, it comes as no surprise that Virgil had a huge collection of luxury clothing brands in his closet.
Virgil Abloh was a man of many talents, a jack who mastered all of his trades. One of his remarkable and documented art shows includes a solo art show that he exhibited in an art gallery in Tokyo, Japan.
This is when he worked with Takashi Mukarami, a famous Japanese artist. After that, the duo worked on numerous art shows. Some of their work has been showcased at the Museum of Contemporary Art in Chicago, Gagosian Gallery in London, and Qatar Museums.
Some of Abloh’s work hasn’t been exhibited and is still going to be showcased.
Abloh was a dynamic creative who made sure that he tried out different things. One of his interests was in music. He started working as a DJ when he was in his teens, where he would work at different house parties and college parties.
In his later years, Abloh gained a lot of international recognition as a DJ and played at widely recognized shows such as Hi Ibiza and the Tomorrowland Festival. In 2018, he released his debut single Orvange and scored himself a DJ residency at XS Nightclub in LAs Vegas.
Awards and Honors
Virgil Abloh has been a phenomenal creative for many years. As young as he was when he passed away, he had a lot of awards to honor his contribution to the fashion industry in particular. His first major award was when he worked on Watch the Throne.
In 2015, Abloh represented Off-White and won the LVMH prize for that year. At the British Fashion Awards, he received the Urban Luxe Award. Abloh has also been listed as the 100 Most Influential People by Time Magazine. In 2019, Virgil Abloh was nominated as the Menswear Designer of the Year.
Virgil Abloh Net Worth
Virgil Abloh’s net worth is estimated to be $100 million. It is estimated that at the time of his passing, Abloh was earning a yearly salary of $10 million. Abloh’s net worth has been improved by his career advancement more than anything.
Selling 60% of his Off-White stake to the LVMH group also helped to improve his net worth by a margin.