Breaking Down Chiara Ferragni's Net Worth: A Trailblazing Journey in Fashion and Entrepreneurship

Chiara Ferragni is an Italian blogger, businesswoman, fashion designer, and model. The 36-year-old blogger has established collaborations with various fashion and beauty brands through her renowned blog, "The Blonde Salad."

How Rich is Chiara Ferragni?

Chiara Ferragni, an Italian blogger and fashion designer, has accumulated a net worth of $10 million. Alongside her role as a model and spokesperson for Guess, she is recognized as "The Blonde Salad," the namesake of her blog and her debut book. 

Commencing her fashion blog in 2009, Ferragni earned acclaim, being dubbed "One of the biggest breakout street-style stars of the year" by New York magazine in 2011. While at Bocconi University, Teen Vogue featured her as the Blogger of the Moment. 

Chiara Ferragni Wiki/Bio

Born in the northern city of Cremona in 1987, Chiara Ferragni is the eldest of three daughters to a dentist father and an Italian writer, Marina Di Guardo. Marina has served as the deputy director of the Blumarine fashion house. 

At the age of 16, Ferragni began her modeling career with the Beatrice model agency in Milan, Italy, which she pursued for a few years before redirecting her focus to other life goals.

Chiara Ferragni Career Highlights

In October 2009, Chiara Ferragni co-founded the fashion blog "The Blonde Salad" with her ex-boyfriend, Riccardo Pozzoli. During her time as a law student at Bocconi University, Teen Vogue recognized her as the Blogger of the Moment in December 2011. 

Despite not obtaining her university degree as of 2016, Ferragni embarked on various ventures that showcased her multifaceted talents. In December 2013, she authored an Italian language eBook, "The Blonde Salad" and collaborated with Steve Madden for a nine-shoe collection in Spring 2014. 

Chiara's business endeavors, particularly her Chiara Ferragni Collection footwear, grossed around $8 million in 2014. Her diverse career includes television appearances, such as presenting at the Italian TRL Awards and guesting on the variety show Chiambretti Night. She also served as a guest judge on Project Runway during its 13th season in August 2014.  

Ferragni's blog and shoe line, Chiara Ferragni Collection, became a case study at Harvard Business School in January 2015. The following March, she made history by becoming the first fashion blogger to grace the cover of Vogue España. This achievement marked a significant milestone in her career.  

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Continuing to expand her influence, Chiara became Pantene's global ambassador in January 2016. In September 2016, Mattel honored her with a Barbie version, featuring iconic looks from her Chiara Ferragni Collection.  

With a substantial Instagram following of 29.4 million, Ferragni leveraged her social media presence for both sponsored posts and advocacy. She actively campaigned against the far-right party in Italy, using her platform to address social and political issues.  

In 2017, Chiara ventured into costume design for the 4th edition of Intimissimi on Ice. Later that year, she opened her first Chiara Ferragni Collection store in Milan, marking a significant milestone in her entrepreneurial journey.  

Amid the COVID-19 pandemic in June 2020, Ferragni collaborated with Italian rapper Baby K on the summer hit "Non mi basta più" and successfully raised €3 million in 24 hours for the San Raffaele Hospital in Milan through a fundraiser.  

Chiara's involvement continued to diversify as she joined the Board of Directors of Tod's Group in April 2021. In May 2021, Ferragni unveiled the Nespresso × Chiara Ferragni collection, celebrated with a temporary pop-up cafe. 

Looking ahead, Ferragni announced the launch of her line of fragrances in 2022, further solidifying her presence in the world of fashion and entrepreneurship. 

Chiara Ferragni Legal Troubles

In December 2023, Chiara Ferragni and her companies got in trouble with the Italian authorities. They were told to pay a fine of 1.075 million euros because they were investigated for doing unfair and tricky business practices. 

The problem started in 2022 when Ferragni worked with an Italian food company, Balocco, to sell a special cake called Ferragni-branded Balocco pandoro. This cake is popular in Italy during Christmas. 

They claimed that if people bought this cake, the money would go to support bone cancer research at a hospital in Turin called Regina Margherita. However, the authorities found out that this wasn't true. 

People who bought the Ferragni-branded cake were led to believe that they were helping with charity. Especially because the price was much higher (over 9 euros) compared to a similar Balocco pandoro (which costs under 4 euros). 

The regulators confirmed that none of the money from selling the cakes went to charity. Even though Balocco had given some money to the hospital before, the funds from the customers' purchases or sales didn't go to charity. 

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Despite Chiara being paid over 1 million euros for this project, neither she nor the companies under her control gave any money to the hospital. After the authorities took action against Ferragni, Italian Prime Minister Giorgia Meloni criticized people who make money by misleading others about charity. 

Meloni said that real role models are not influencers who earn a lot by showing off clothes and bags. They are also not those who promote expensive cakes that make people believe they are helping with charity.

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