Demna Gvasalia Net Worth (Updated 2026).

Demna Gvasalia, a name now synonymous with high fashion, began his career in the industry in an unconventional way. Born in Soviet Georgia, Gvasalia moved to Belgium with his family as a refugee in the early 1990s. He initially studied at the Royal Academy of Fine Arts in Ghent, but dropped out to pursue a career in fashion, starting as an intern at Martin Margiela.

Gvasalia’s big break came in 2009 when he joined the design team at Margiela, working his way up to become the head of the label’s womenswear line. It was here that he honed his unique aesthetic, characterized by deconstructed silhouettes and a focus on functionality. However, it was his appointment as creative director of Vetements in 2014 that truly propelled him into the spotlight.

**Demna Gvasalia’s Current Net Worth (2025)**

As of 2025, Demna Gvasalia’s net worth is estimated to be around $50 million. This significant wealth accumulation is primarily attributed to his successful career in the fashion industry.

**Career**

Demna Gvasalia, born in 1981 in Soviet Georgia, is a renowned fashion designer. He co-founded the luxury streetwear label, Vetements, in 2014, which gained critical acclaim for its deconstructed designs and high-end streetwear. In 2015, he was appointed creative director of Balenciaga, where he continues to push boundaries in fashion, blending couture and streetwear aesthetics.

**Other Ventures**

In addition to his work at Balenciaga, Gvasalia has also ventured into other projects. He has collaborated with several brands, including Nike, on successful footwear and apparel collections. In 2020, he launched his own label, Demna, which focuses on affordable, high-quality clothing.

**Assets**

Gvasalia’s assets include multiple properties in Paris, where he resides, and his native Georgia. He owns a luxurious apartment in the French capital and a countryside estate in Georgia. His collection of vintage cars, including a rare Mercedes-Benz G-Wagen and a Porsche 911, is also a notable part of his assets.

**Annual Income**

Gvasalia’s annual income is primarily derived from his role as creative director at Balenciaga and his stake in Vetements. His exact salary is not publicly disclosed, but industry estimates suggest it’s in the millions. Additionally, his collaborations and the success of his own label, Demna, contribute to his substantial annual earnings.

Frequently Asked Questions about  Demna Gvasalia

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Frequently Asked Questions: Demna Gvasalia Net Worth

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1. What is Demna Gvasalia’s net worth?

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Demna Gvasalia’s net worth is estimated to be around $50 million.

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2. How old is Demna Gvasalia?

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Demna Gvasalia was born on March 27, 1981, making him 41 years old.

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3. Where was Demna Gvasalia born?

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Demna Gvasalia was born in Soviet Georgia (now Georgia).

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4. What is Demna Gvasalia’s background?

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Gvasalia studied fashion design at the Royal Academy of Fine Arts in Antwerp.

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5. When did Demna Gvasalia start his fashion career?

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Gvasalia started his fashion career in 2009 when he launched his first label, Vetements.

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6. What is Vetements?

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Vetements is a luxury fashion house founded by Demna Gvasalia in 2009. It’s known for its deconstructed, oversized designs.

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7. When did Demna Gvasalia join Balenciaga?

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Gvasalia was appointed creative director of Balenciaga in 2015.

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8. What are some of Demna Gvasalia’s notable achievements?

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Gvasalia has been named International Designer of the Year at the Fashion Awards and has also been awarded the CFDA International Award.

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9. What is Demna Gvasalia’s approach to fashion?

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Gvasalia is known for his minimalist, deconstructed designs that challenge traditional notions of luxury and high fashion.

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10. What is Demna Gvasalia’s nationality?

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Demna Gvasalia is Georgian, but he currently resides in Paris, France.