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Hubert de Givenchy's net worth: The fashion designer leaves behind a fortune

12 March 2018

The famous fashion designer Hubert de Givenchy has passed away, leaving behind a massive estate created by the Givenchy company.

"The House of Givenchy is sad to report the passing of its founder Hubert de Givenchy, a major personality of the world of French Haute Couture and a gentleman who symbolized Parisian chic and elegance for more than half a century".

The French fashion tour de force is credited for popularizing the classic LBD.

"The 6'6" French designer was perhaps best known for the wardrobes he created for his longtime muse, Audrey Hepburn - kitting her out in films such as Breakfast at Tiffany's and Funny Face.

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Givenchy lived in a Renaissance chateau near Paris. "His work remains as relevant today as it was then".

In a statement, the fashion icon's family said: "It is with huge sadness that we inform you that Hubert Taffin de Givenchy has died".

Born into an aristocratic family in the provincial city of Beauvais on February 21, 1927, Givenchy struck out for Paris in his late teens, in the wake of World War II.

Aiming to reach a wider market, Givenchy launched a line of upscale ready-to-wear and accessories in the 1960s.

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He sold his label in 1988 for $45 million to the LVMH group, but remained as head of creative design for seven years before retiring in 1995.

Alexander McQueen, John Galliano, Julien McDonald and Riccardo Tisci have taken control of Givenchy's output.

Meanwhile, tributes poured in after the news of Givenchy's death was confirmed.

He was quoted by AFP as saying: "He was one of the creators who put Paris at the summit of world fashion in the 1950s".

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Hubert de Givenchy's net worth: The fashion designer leaves behind a fortune