• Business Insider has compiled a list of the richest people in the fashion industry, based on Forbes' Real Time Billionaires ranking.
  • The list includes designers, founders, CEOs, and heiresses who have made their fortunes in fashion, from haute couture to fast fashion.
  • Fashion's richest billionaires are behind luxury brands such as Louis Vuitton, Gucci , and Chanel, and fast fashion retailers including Uniqlo and Zara .
  • The 15 richest people in the fashion industry are worth a combined $395.6 billion.
  • The richest person in fashion is French businessman Bernard Arnault, the chairman of LVMH , who's worth $105.7 billion.

Fashion is a $2.5 trillion global industry that has made its leading players, from designers and CEOs to founders and heiresses, very rich.

Business Insider has compiled a list of the richest people in the fashion industry, based on Forbes' Real Time Billionaires ranking and the top 15 are worth a combined $395.6 billion.

The wealthiest person in fashion is Bernard Arnault, the chairman of LVMH , the world's largest maker of luxury goods that's behind brands such as Louis Vuitton, Dom Perignon, Christian Dior, and as of November 2019, Tiffany & Co. Arnault is the world's third-richest person with an estimated net worth of $105.7 billion.

Others on the list include Giorgio Armani, Ralph Lauren, the Japanese billionaire behind Uniqlo, and the Spanish retail mogul who owns Zara.

Read on for the 15 richest people in the fashion industry, ranked in ascending order.

Bobbie Edsor contributed to an earlier version of this story.

See the rest of the story at Business Insider

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