Salvatore Ferragamo Net Value: Salvatore Ferragamo was an Italian shoe designer who had a net value of $50 million. Salvatore Ferragamo earned his net worth designing sneakers. He was born in Bonito, Italy and died on the age of 62 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 younger Italian had realized shoe-making was his calling at an early age. Thus, he spent a 12 months studying the craft in Naples, after which he emigrated to Boston in 1914. In the USA, he worked with such Hollywood stars as Audrey Hepburn, Marilyn Monroe, Sophia Loren, and even created Judy Garland’s iconic red heels for The Wizard of Oz. This is how Salvatore Ferragamo grew to become known as the “shoemaker to the stars” in Hollywood throughout the twenties. In 1927, he returned to Italy where he based his personal eponymous firm. Thanks to the scientific and artistic strategy that he employed in shoe-making, he spawned many improvements such as the wedge heel and cage heel, as well as the invisible sandal. It’s the Palazzo Spini Feroni in Florence that has been home to the company’s flagship store and headquarters since 1938. Right this moment, it’s also the placement of the Ferragamo Museum, which comprises over 13,000 models. After Salvatore’s dying in 1960, his widow took over the enterprise and later their six children ran the company. Over time, the Salvatore Ferragamo brand noticed the launch of men’s and ladies’s prepared-to-wear collections, in addition to eyewear, perfume, and equipment. In 2008, the Ferragamo household hosted a 3-day 80th-anniversary bash in Shanghai to rejoice the success of the brand, which at the moment boasts more than 500 stores throughout the globe. Preferred to be known as a shoemaker, Salvatore Ferragamo was an artist and entrepreneur who revolutionized the shoe-making craft through the use of a perfect combo of magnificence and consolation.