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After four decades of keeping his well-heeled clients in his iconic red-soled heels, shoe designer Christian Louboutin is now a billionaire. The 61-year-old designer is stepping into the billionaire ranks thanks to his eponymous fashion brand. While still best-known for its towering stilettos and perilous platforms, the Louboutin brand has expanded into sneakers, bags, and beauty products, as well as lines for men and children.<br/><br/>The company was valued at $3.2 billion last year by Exor, the investment company of Italy’s Agnelli family, which bought a 24% stake in 2021 for about $650 million. Louboutin still owns 35%—which Forbes values at $1.1 billion. That stake makes up most of an estimated $1.2 billion fortune that includes other investments such as the Vermelho Hotel, a luxury resort he opened in southern Portugal last year. Representatives for Louboutin didn’t respond to requests for a comment on the valuation.<br/><br/>Read the full story on Forbes:<br/>https://www.forbes.com/sites/giacomotognini/2024/04/01/christian-louboutin-net-worth-billionaire-shoe-designer/<br/><br/>Subscribe to FORBES: https://www.youtube.com/user/Forbes?sub_confirmation=1<br/><br/>Fuel your success with Forbes. Gain unlimited access to premium journalism, including breaking news, groundbreaking in-depth reported stories, daily digests and more. Plus, members get a front-row seat at members-only events with leading thinkers and doers, access to premium video that can help you get ahead, an ad-light experience, early access to select products including NFT drops and more:<br/><br/>https://account.forbes.com/membership/?utm_source=youtube&utm_medium=display&utm_campaign=growth_non-sub_paid_subscribe_ytdescript<br/><br/>Stay Connected<br/>Forbes newsletters: https://newsletters.editorial.forbes.com<br/>Forbes on Facebook: http://fb.com/forbes<br/>Forbes Video on Twitter: http://www.twitter.com/forbes<br/>Forbes Video on Instagram: http://instagram.com/forbes<br/>More From Forbes:http://forbes.com<br/><br/>Forbes covers the intersection of entrepreneurship, wealth, technology, business and lifestyle with a focus on people and success.
Shoe Designer Christian Louboutin Is Now A Billionaire
⏲ 6:47 👁 330K
The runaway success of weight loss drugs took the markets by storm last year, spurring huge stock gains for drugmakers like Novo Nordisk, which makes Wegovy and Ozempic. Most patients take them at home in weekly injections, using plastic, pen-like devices known as autoinjectors, filled with the liquid medication and fitted with a tiny needle as wide as two human hairs.<br/><br/>As demand for the drugs soars, so does the need for those devices. That growth has now minted a new billionaire: Roger Samuelsson, the 60-year-old Swedish cofounder of Switzerland-based SHL Medical, one of the world’s largest manufacturers of autoinjectors. Forbes estimates he’s worth $3 billion, largely thanks to his 69% stake in the company he cofounded in 1989. The remaining 31% is held by Swedish private equity firm EQT—which has minted seven billionaires over the years—and Athos, the family office of the billionaire Struengmann brothers. Press-shy Samuelsson, who declined multiple requests for an interview, also enjoys fast cars (he raced in the 2016 Ferrari Challenge series) and owns the 414-foot megayacht Octopus, which he bought in 2021; the yacht was built for its first owner, Microsoft cofounder Paul Allen (d. 2018).<br/><br/>0:00 Introduction<br/>0:20 Who Is Roger Samuelsson?<br/>3:32 The Growing Market For Injectors<br/>5:50 Who Is The Competition In The Space<br/>8:50 What's Next For SHL Medical<br/>10:45 What's Next For Roger Samuelsson<br/><br/>Read the full story on Forbes: https://www.forbes.com/sites/giacomotognini/2024/04/12/meet-the-billionaire-owned-company-making-injectors-for-blockbuster-drugs-like-ozempic/?sh=5ba1ce857607<br/><br/>Subscribe to FORBES: https://www.youtube.com/user/Forbes?sub_confirmation=1<br/><br/>Fuel your success with Forbes. Gain unlimited access to premium journalism, including breaking news, groundbreaking in-depth reported stories, daily digests and more. Plus, members get a front-row seat at members-only events with leading thinkers and doers, access to premium video that can help you get ahead, an ad-light experience, early access to select products including NFT drops and more:<br/><br/>https://account.forbes.com/membership/?utm_source=youtube&utm_medium=display&utm_campaign=growth_non-sub_paid_subscribe_ytdescript<br/><br/>Stay Connected<br/>Forbes newsletters: https://newsletters.editorial.forbes.com<br/>Forbes on Facebook: http://fb.com/forbes<br/>Forbes Video on Twitter: http://www.twitter.com/forbes<br/>Forbes Video on Instagram: http://instagram.com/forbes<br/>More From Forbes:http://forbes.com<br/><br/>Forbes covers the intersection of entrepreneurship, wealth, technology, business and lifestyle with a focus on people and success.
Meet The New Billionaire Getting Rich Making Injectors For Blockbuster Drugs Like Ozempic
⏲ 11:59 👁 2.9M
When this elegant Roquebrune-Cap-Martin villa was built in the 1920s, the French Riviera was already a coveted destination for the world’s wealthy and artistic.<br/><br/>The Belle Epoque had fueled tastes for opulence and lavishness. Clear blue Mediterranean waters, hillside landscapes and the mild climate drew inspiration-seeking writers, artists and intellectuals. Roquebrune-Cap-Martin’s grand hotel was a summer holiday destination for the likes of Winston Churchill and Queen Victoria.<br/><br/>This villa along the French Riviera consists of the multistory main house and a quaint staff residence set on nearly an acre of landscaped and manicured grounds. Ornate detailed windows, a balcony-topped portico and decks give the private residence the aura of a sophisticated boutique hotel. With more than 6,100 square feet of living space, the property contains 12 bedrooms and 11 bathrooms.<br/><br/>Read the full story on Forbes:<br/>https://www.forbes.com/sites/forbes-global-properties/2023/09/13/belle-epoque-villa-along-the-french-riviera-revels-in-its-glamorous-past/<br/><br/>Subscribe to FORBES: https://www.youtube.com/user/Forbes?sub_confirmation=1<br/><br/>Fuel your success with Forbes. Gain unlimited access to premium journalism, including breaking news, groundbreaking in-depth reported stories, daily digests and more. Plus, members get a front-row seat at members-only events with leading thinkers and doers, access to premium video that can help you get ahead, an ad-light experience, early access to select products including NFT drops and more:<br/><br/>https://account.forbes.com/membership/?utm_source=youtube&utm_medium=display&utm_campaign=growth_non-sub_paid_subscribe_ytdescript<br/><br/>Stay Connected<br/>Forbes newsletters: https://newsletters.editorial.forbes.com<br/>Forbes on Facebook: http://fb.com/forbes<br/>Forbes Video on Twitter: http://www.twitter.com/forbes<br/>Forbes Video on Instagram: http://instagram.com/forbes<br/>More From Forbes:http://forbes.com<br/><br/>Forbes covers the intersection of entrepreneurship, wealth, technology, business and lifestyle with a focus on people and success.
This $10.2M Villa Along The French Riviera Revels In Its Glamorous Past | Real Estate | Forbes
⏲ 1:58 👁 5.3M
Trump Media & Technology Group, the parent company of Truth Social, celebrated its success with a party at Trump’s tony Palm Beach club Mar-a-Lago on Thursday night. The event kicked off shortly after Trump Media closed at $32.41, down nearly 60% from its high of $79.38 on March 26, the day the company went public. Forbes staff writer Zach Everson joins Brittany Lewis on \
Why Truth Social Hosted A Party At Donald Trump’s Mar-A-Lago
⏲ 8:2 👁 7.3M
YouTube creator and former Forbes Under 30 lister Sean McLoughlin \
YouTube Creator Jacksepticeye Came Close To Retiring This Year—Here's Why He's Staying Online
⏲ 24:46 👁 175K
Don't Deport My Luna | Full Movie 2024 #drama #drama2024 #dramamovies #dramafilm #Trending #Viral from my personal weatherman ep 8
Don't Deport My Luna | Full Movie 2024 #drama #drama2024 #dramamovies #dramafilm #Trending #Viral
⏲ 1:28:53 👁 1.1M
Billie Eilish recalls \
Billie Eilish reveals her 'safety was compromised' in 'scary' moments in her personal life
⏲ 1:49 👁 160K
Tanya Van Court, the CEO of financial technology startup Goalsetter, joins Forbes senior writer Jabari Young at the Nasdaq MarketSite to discuss the startup’s $9.6 Series A extension raise. Van Court founded Goalsetter in 2016 and lured investors, including billionaire Robert Smith, NBA stars Chris Paul and Kevin Durant, and former New York Yankees pitcher C.C. Sabathia.<br/><br/>Subscribe to FORBES: https://www.youtube.com/user/Forbes?sub_confirmation=1<br/><br/>Fuel your success with Forbes. Gain unlimited access to premium journalism, including breaking news, groundbreaking in-depth reported stories, daily digests and more. Plus, members get a front-row seat at members-only events with leading thinkers and doers, access to premium video that can help you get ahead, an ad-light experience, early access to select products including NFT drops and more:<br/><br/>https://account.forbes.com/membership/?utm_source=youtube&utm_medium=display&utm_campaign=growth_non-sub_paid_subscribe_ytdescript<br/><br/>Stay Connected<br/>Forbes newsletters: https://newsletters.editorial.forbes.com<br/>Forbes on Facebook: http://fb.com/forbes<br/>Forbes Video on Twitter: http://www.twitter.com/forbes<br/>Forbes Video on Instagram: http://instagram.com/forbes<br/>More From Forbes:http://forbes.com<br/><br/>Forbes covers the intersection of entrepreneurship, wealth, technology, business and lifestyle with a focus on people and success.
Here's How To Lure A Billionaire Investor: Have Vision
⏲ 23:40 👁 135K
In the second-most populated metropolis in Switzerland, this chalet-style house dating to the early 1900s offers a quiet refuge from the commotion of city life. Within the Conches residential neighborhood on the outskirts of Geneva, the nearly 2.5-acre forested property is located just five minutes from the city center. This 1910 chalet was built in the traditional style by the Spring Frères company for the original owner, who was inspired by the Swiss National Exhibitions.<br/><br/>The home, officially recognized by the city for its national significance, underwent a renovation about a decade ago with the addition of a contemporary extension and subterranean garage. The historical section of the house, kitchen ceiling beams and staircase are preserved, while everything else is renovated and new. The four levels contain more than 7,500 square feet of living space, and feature breathtaking views of Mont Salève.<br/><br/>Read the full story:<br/>https://www.forbes.com/sites/forbes-global-properties/2024/02/15/historic-chalet-in-geneva-is-a-hushed-retreat-for-modern-living/<br/><br/>Subscribe to FORBES: https://www.youtube.com/user/Forbes?sub_confirmation=1<br/><br/>Fuel your success with Forbes. Gain unlimited access to premium journalism, including breaking news, groundbreaking in-depth reported stories, daily digests and more. Plus, members get a front-row seat at members-only events with leading thinkers and doers, access to premium video that can help you get ahead, an ad-light experience, early access to select products including NFT drops and more:<br/><br/>https://account.forbes.com/membership/?utm_source=youtube&utm_medium=display&utm_campaign=growth_non-sub_paid_subscribe_ytdescript<br/><br/>Stay Connected<br/>Forbes newsletters: https://newsletters.editorial.forbes.com<br/>Forbes on Facebook: http://fb.com/forbes<br/>Forbes Video on Twitter: http://www.twitter.com/forbes<br/>Forbes Video on Instagram: http://instagram.com/forbes<br/>More From Forbes:http://forbes.com<br/><br/>Forbes covers the intersection of entrepreneurship, wealth, technology, business and lifestyle with a focus on people and success.
This $18.5M Swiss Chalet Preserves History And Embraces Modern Luxury | Real Estate | Forbes
⏲ 1:34 👁 1.6M
Whether you’re getting married or just moving in together, every couple needs to come to an understanding about how they will handle money and learn what benefits their coupledom may afford them.
Understanding Finances As A New Couple
⏲ 2:5 👁 240K
First, put all major decisions on hold. A financial planner can help you come up with a plan that addresses your goals, dreams and needs.
Advice On Large Money Inheritance
⏲ 2:25 👁 140K
Saksi is GMA Network's late-night newscast hosted by Arnold Clavio and Pia Arcangel. It airs Mondays to Fridays at 11:00 PM (PHL Time) on GMA-7. For more videos from Saksi, visit http://www.gmanews.tv/saksi.<br/><br/>News updates on COVID-19 (coronavirus disease 2019) and the COVID-19 vaccine: https://www.gmanetwork.com/news/covid-19/<br/><br/>#Nakatutok24Oras<br/><br/>Breaking news and stories from the Philippines and abroad:<br/>GMA News and Public Affairs Portal: http://www.gmanews.tv<br/>Facebook: http://www.facebook.com/gmanews<br/><br/>Twitter: http://www.twitter.com/gmanews<br/>Instagram: http://www.instagram.com/gmanews<br/><br/>GMA Network Kapuso programs on GMA Pinoy TV: https://gmapinoytv.com/subscribe<br/><br/><br/>
Pinsala ng El Niño sa agrikultura, halos P900M na; PBBM, personal na nagdala ng tulong sa lalawigan | Saksi
⏲ 4:23 👁 690K
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