Chances are if you're a fan of streetwear or high fashion you're aware of the name Virgil Abloh. He's a man of many talents, but is mostly known for being the creative director of Italian fashion house and tremendously famous label Off-White. Since the launch of his first brand Pyrex Vision in 2012, the Rockford, Illinois born creative has amassed some serious names on his resumé, with Artistic Director of French luxury fashion house Louis Vuitton being one of the most recent.
For the unfamiliar, Virgil Abloh is an American designer, entrepreneur and DJ. He gained a prominent following and reputation within the streetwear and high fashion world due to his participation in the "post streetwear" movement and his direct involvement with the likes of Kanye West. Abloh has been mentioned in Time Magazine as one of their '100 Most Influential People in the World'.
How Much Is Virgil Abloh Worth?
Between Off-White, Louis Vuitton, LVMH involvement and DJing, it would be fair to say the American 41 year old fashion designer likely has a few dollars in the bank. As of 2021, it is estimated Virgil Abloh's net worth is around $20 Million USD thanks to his various fashion industry endeavours. Large portions of this net worth come from his huge $3 million dollar Louis Vuitton salary in addition to a 60% sale of a majority stake in high-end streetwear brand Off-White purchase by LVMH earlier this year.
Furthermore, the American fashion designer will likely command a large fee from his extremely limited and sought after Nike x Off-White collaborations, and with the average Nike designer making between $64,019 – $130,587, we're willing to bet its going to be a lot more than that. His first Nike collection, "The Ten" was showcased in 2017 and helped Abloh win the award of 'International Menswear Designer of the Year' at the GQ Awards.
Where Did His Success Start? - A Timeline
Virgil Abloh was born on September 30th 1980 in Rockford, Illinois to Ghanian immigrant parents. Growing up as a child, Virgil's mother was a seamstress so she taught him all the tricks and tips of the trade, instilling an interest in fashion from an early age in Virgil.
In 2002, Virgil completed an undergraduate degree in civil engineering but apparently skipped his graduation to instead attend a meeting with rapper Kanye West's then-manager, John Monopoly. He later went on to receive a Masters in Architecture from the Illinois Institute of Technology, however decided to build a fashion empire rather than any buildings.
The choice meeting with John Monopoly would pay off as the two eventually went on to work together and in 2009 both became interns at Fendi in Rome. The duo's friendship would flourish through their joint love of fashion, with Abloh eventually assuming the role of creative director of Kanye's agency Donda in 2011. Kanye West and Jay-Z later choose Virgil to be art director their 2011 album Watch the Throne which eventually earned the designer a Grammy nomination for his efforts.
In 2012, Virgil Abloh launched his first label Pyrex Vision. His first offerings came in the form of small collection consisting of Champion blanks and featuring varsity prints and Renaissance artworks with a highly inflated high fashion price tag. Just over a year later in 2013, Pyrex Vision was eventually dissolved to help form the creation of Off-White, a move that would eventually launch the designer into stardom. With Off-White combining the ideas of streetwear, luxury fashion, art and music Virgil defined the brand as "the gray area between black and white".
While still in its infancy, Virgil Abloh expanded Off-White to the next level in 2014 when he launched the women's collection in addition to the regular men's wear collection pieces at Paris Fashion Week. Off-White was beginning to grow at a rapid rate and Virgil's name began spreading around the world of fashion in just as fast. The use of in your face logos, air quotes and classic art inspired prints all sent hypebeasts into overdrive, further pushing the brand into the spotlight within the fashion world.
2015 saw Off-White nominated for its first LVMH prize, a prize which celebrates designers under 40 years old that have previously sold at least two collections of menswear, womenswear or unisex clothing. Though Virgil's brand fell short of the grand prize to both Marques’ Almeida and Jacquemus, Abloh could hold his head high at the fact his works were continuing to be recognised on a grander scale.
The following year, Virgil Abloh opened a concept store in the Aoyama area of Tokyo. While minimal in design, the store boasted a range of Off-White's latest products as well as branded cups customers were free to take from the watercooler. In the same year Virgil would also be inducted into the BoF500 for Business of Fashion's the people shaping the $2.4 trillion fashion industry." His place on the list would cement him amongst the likes of Gucci's Alessandro Michele and former Burberry Creative Director, Christopher Bailey.
2017 gave way to one of Off-White's more mainstream moments when the brand collaborated with Swedish furniture and homeware favourite IKEA. The duo worked closely to release an affordable collection that sent hypebeasts into a scramble on release day. Featured in the collection were rugs, clocks, general storage and other general household items. In the same year, Virgil began his partnership with sportswear pioneers Nike to re-imagine 10 classic silhouettes which have since gone on to be highly sought after even still to this day. In addition, Virgil also tested his hand in a new field, directing the video for Lil Uzi Vert's song - XO Tour Llif3.
2018 saw one of the more monumental moments in Virgil Abloh's career when he was named Artistic Director of Louis Vuitton’s menswear collections when friend Kim Jones stepped away from the role. In June of 2018 Virgil Abloh would present his first collection with Louis Vuitton at Paris Fashion Week to rave reviews from both the streetwear and fashion industry.
In 2019, Virgil Abloh again entered a new industry, as his artworks became subject of an exhibition at the Museum of Contemporary Art in Chicago. The collection offered a pulled back look into the man's process along with finished pieces, prototype looks and inspirational ideas.
Early last year saw Virgil debuted a Louis Vuitton x Virgil Abloh x NIGO Collection made up of crisply tailored pieces alongside retro silhouettes. Alongside this he released a range of more Nike collaborations including several Off-White x Nike Dunks.
2021 so far has been quite the fruitful year for Virgil Abloh. At the beginning of the year he released his "ICONS" book that does a deep dive into the Nike x Off-White sneaker collaborations and he has since gone on to release a collection of 50 different Nike Dunk colourways as well as releasing a second Louis Vuitton x Virgil Abloh x NIGO collection.
It seems that Abloh shows no signs of slowing down. His efforts within fashion are continuously praised by critics and consumers alike and he continues to enter new disciplines with great success. Who knows what the future hold for Virgil Abloh, but we're sure his net worth is only going to grow over the coming years.
Virgil Abloh FAQs
How much money is Off-White worth?
Off-White is Abloh's streetwear label. Earlier this year 40% of the brand was sold to LVMH however this was for an undisclosed amount so it is hard to put a number to the brand's worth.
Is Virgil Abloh still with Louis Vuitton?
Yes! As of 2021 Abloh is still currently working with Louis Vuitton to produce collections for the high-fashion label.