Net Worth $125 Million USD
Karl Lagerfeld born Karl Otto Lagerfeldt on September 10, 1933 in Hamburg is a German fashion designer, artist and photographer based in Paris, France. He has collaborated on a variety of fashion and art related projects, most notably as head designer and creative director for the fashion house Chanel. Lagerfeld helms his own label fashion house, as well as the Italian house Fendi.
Lagerfeld was born in Hamburg, Germany. He has claimed he was born in 1938; however it has been reported that he was actually born in 1933 indeed the German newspaper Bild am Sonntag has quoted his former teacher and classmates as confirming the earlier date. Lagerfeld also has an older half-sister, Thea, from his father's first marriage.