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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.
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The Leo Frank case was convened in a temporary Atlanta courtroom on July 28, 1913, with 250 seats and 20 officers guarding the courtroom. The jurors, all white men and Atlanta residents, were chosen within 3 hours of the first morning of the trial. The defense used 18 of its 20 strikes without a cause while the prosecution used seven of the ten allowed. The twelve jurors were C.J. Bashard Pressman, I Hensley, Buggy Company, J. F. Higdon Building Contractor, Jefferies - Real Estate, Johenning Shipping Clerk, WF Medcalf Mailer, J.T. Osborne, Optician, Frederick V. L. Smith paying teller, D. Townsend paying teller, F.A. Windburn Railroad Claims agent, Al Weizby Cashier, M. S. Woodward - Cashier, King - Hardware. The Chief prosecutor, solicitor General Hugh A. Dorsey, was handsome and forceful, assisted by Frank Arthur Hooper and Edward A. Stevens. The defense was defended by Atlanta's two well known trial lawyers Special Assistant Solicitor Hooper described the State's case against Leo Frank, who was accused of premeditated rape of Mary Phagan. He alleged that Frank had seduced and taken liberties with other young factory girls and had made unsuccessful advances to Mary Phagan. Several surviving family members have said that Frank harassed Mary Phagan and that she went home and told her mother several former National Pencil Company employees have also alleged that they heard Frank sexually harass Mary Phagan.<br/><br/>The state argued that Frank was alone in the office, gave Mary Phagan her pay envelope, then followed Mary to the medal room and made sexual overtures to her. He then strangled her and gave Conley $2.50 and then $200, but later had Conley return the money. Hooper singled out the expected testimony of Monteen Stover, who he claimed would contradict Frank's contention that he had been in his office continuously from 12:00 p.m. Mrs. J. W. Coleman, the mother of Mary Phagan, testified that she last saw her daughter alive on April 26, 1913. A court officer drew forth a suitcase and lifted out the dress and shoes that Mary Phagan had worn when she last saw her.<br/><br/>Fanny Phagan Coleman identified the clothing of her murdered daughter by covering her eyes with a palm fan and sobbing. At that time, few women attended court trials except for those related to the victim or the defendant. Fanny Phagan Coleman and Ali May Phagan attended the trial, as well as Lucille Selig Frank, Frank's wife, and Mrs. Ray Frank, his mother. When asked for her thoughts by a reporter for the Atlanta Journal, Fanny Phagan Coleman said she would rather not talk about it. This silence caused the rest of the Phagan family not to speak of the trial for the next 70 years.<br/><br/>⁣The narrator went out of the door and stayed until four minutes to six. When he returned, the doors were unlocked and the narrator went to Mr. Frank to change the slip. It took him twice as long as the other times he saw him fix it.<br/><br/>
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