After several years of battling the tax authorities, the heirs of the great couturier Karl Lagerfeld, who will die in 2019, have decided to wipe the slate clean of past financial troubles. They have reportedly stopped disputing the designer’s debts in order to receive their share of his immense fortune.
On 19 February 2019, Karl Lagerfeld died, leaving behind an impressive and unique career in fashion design. While his fashion legacy has been celebrated by the world, another legacy has not failed to make news: his colossal fortune, estimated at over €200 million. Childless, the Kaiser bequeathed his bank account and assets, divided between Paris, Monaco and Louveciennes, to eight close relatives, as stated in his will.
They include the designer’s beloved model, Baptiste Giabiconi, who will receive 30% of the fortune; his bodyguard, Sébastien Jondeau; Sophie de Langlade and Caroline Lebar, two of his most loyal collaborators; the model and father of his godson, Brad Koenig; Amanda Harlech, a fashion author; and Virginie Viard, former artistic director of Chanel and the designer’s right-hand woman for many years. And let’s not forget Françoise Caçotte, the former governess of Karl Lagerfeld’s cat Choupette, who inherits a house and a certain sum to look after the animal until his death.
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