Donatella Versace Net Worth

Gianni Versace’s younger sister Donatella gained ownership of his company, Versace, after his sad death in 1997. She worked as Versace’s CEO, chief creative officer, and artistic director, and was pivotal in 2018’s $2.12 billion sale of the brand to Michael Kors.

Donatella inherited 20% of the business, while her uncle Santo (Gianni’s brother) inherited 30%. Due to Allegra’s young age of eleven at the time of her uncle’s terrible murder, Donatella and Santo assumed authority.

Donatella Francesca Versace was born on May 2, 1955 in Reggio di Calabria, Italy as Donatella Francesca Versace. She grew up with her mother Francesca (a seamstress), her father Antonio (a businessman), and her three older siblings, Gianni, Santo, and Tina; Tina tragically died at the age of 12 from a tetanus infection.

Versace initially intended to work in the public relations department of Gianni’s company, but he admired her as a critic and muse, and when he launched Versace in 1978, he appointed Donatella Versace as Vice President.

Donatella Versace acquired a 15,000-square-foot villa in Meina, Italy, known as Villa Mondadori, for around 5 million euros ($5.6 million) in 2019. The four-story residence with 50 rooms, including 20 bedrooms and 12 baths, overlooks Lake Maggiore.