Salvatore Ferragamo Web Value: Salvatore Ferragamo was an Italian shoe designer who had a net worth of $50 million. Salvatore Ferragamo earned his net price designing footwear. He was born in Bonito, Italy and died on the age of sixty two in 1960. Ferragamo was born in Bonito, close to Avellino, as the eleventh child in a family of fourteen. Having made his first pair of shoes at the age of nine, the young Italian had realized shoe-making was his calling at an early age. Thus, he spent a yr finding out the craft in Naples, after which he emigrated to Boston in 1914. In the USA, he labored with such Hollywood stars as Audrey Hepburn, Marilyn Monroe, Sophia Loren, and even created Judy Garland’s iconic crimson heels for The Wizard of Oz. That is how Salvatore Ferragamo grew to become recognized because the “shoemaker to the stars” in Hollywood in the course of the twenties. In 1927, he returned to Italy where he based his own eponymous company. Thanks to the scientific and artistic strategy that he employed in shoe-making, he spawned many innovations such as the wedge heel and cage heel, as properly as the invisible sandal. It is the Palazzo Spini Feroni in Florence that has been house to the company’s flagship retailer and headquarters since 1938. Immediately, it is also the location of the Ferragamo Museum, which accommodates over 13,000 fashions. After Salvatore’s death in 1960, his widow took over the enterprise and later their six youngsters ran the corporate. Over time, the Salvatore Ferragamo brand noticed the launch of men’s and ladies’s ready-to-put on collections, in addition to eyewear, perfume, and equipment. In 2008, the Ferragamo family hosted a 3-day 80th-anniversary bash in Shanghai to celebrate the success of the brand, which presently boasts greater than 500 stores across the globe. Most popular to be called a shoemaker, Salvatore Ferragamo was an artist and entrepreneur who revolutionized the shoe-making craft by utilizing a perfect combo of magnificence and consolation.