Alexander Wang's Net Worth: Bags and Heels Made Him Famous

Scroll down to see celebrities wearing bags, dresses, and footwear by Alexander Wang, an American fashion designer who is synonymous with minimalistic designs and urban chic.

He rose to fame after his eponymous brand won the CFDA/Vogue Fashion Fund award in 2008 after its launch in 2005. Alexander Wang has an estimated net worth of $50 million.

As well as running his own label, Wang served as Creative Director for Balenciaga from 2010 to 2015.

Alexander Wang and Janet Jackson arrive at The Recording Academy And Clive Davis’ 2020 Pre-GRAMMY Gala held at The Beverly Hilton Hotel on January 25, 2020, in Beverly Hills, Los Angeles, California (Credit: Avalon / WENN)

Recognized as one of the most talented young designers in the country, Alexander Wang is a leader in American fashion.

His fashion brand became successful as a result of the early streetwear trends and his contemporary designs.

Considered a Vogue staple, Alexander Wang is a designer that every designer shoe lover will be familiar with.

We’re rounding up everything that you need to know about Alexander Wang, from the brand’s headquarters to their best-known products and where you can purchase their shoes.

Why is Alexander Wang famous?

After growing up in San Francisco and attending school in California, Alexander Wang moved to New York City at the age of 18 to enroll in the prestigious Parsons School of Design.

The designer dropped out after two years to begin his professional design career and did not graduate.

Wang dropped out of Parsons School of Design to pursue his eponymous fashion brand, beginning with a focus on knitwear.

Within two years, his first complete womenswear ready-to-wear appeared at New York Fashion Week to instant acclaim.

Alexander Wang and French fashion editor Carine Roitfeld attend the Barneys New York Fete In Honor Of Carine Roitfeld at The Westway on September 10, 2011, in New York City (Credit: Ivan Nikolov / WENN)

The following year, Wang won the CFDA/Vogue Fashion Fund 2008 award, the same year as the launch of his original handbag collection.

In 2011, Wang launched his diffusion brand ‘T by Alexander Wang’, an early industry leader in athleisure.

After the opening of his first flagship store, Wang was announced as the Creative Director of the French fashion house, Balenciaga.

With responsibility for womenswear, menswear, and accessories, Wang’s debut collection was the Fall/Winter 2013 show.

In 2014, Wang oversaw a collaboration with Swedish fashion retailer H&M that included menswear, womenswear, and accessories.

He left his role at Balenciaga the following year in a move that was described as a mutual decision between Wang and the fashion house.

Alexander Wang and Dree Hemingway attend CFDA AWARDS 2009 – INSIDE at Alice Tully Hall on June 15, 2009, in New York City (Credit: Andres Otero / WENN)

The following year, he became CEO and chairman of the Alexander Wang label and hosted a show at New York Fashion Week.

Wang has not showcased a fashion show since assault allegations were made against him in 2020.

Wang collaborated with Trojan in 2018 to launch a limited-edition capsule collection, ‘Protect Your Wang’, to support the LGBTQ community and celebrate Pride.

What Alexander Wang is best known for

Alexander Wang is best known for his urban-inspired designs and focus on muted black color palettes.

His fall 2008 collection that won him the CFDA/Vogue Fashion Fund focused predominantly on black.

Although he experimented with bold hues in his Spring 2009 collection, Wang quickly returned to his signature color palette.

Mathangi “Maya” Arulpragasam MBE, known by her stage name M.I.A., Ryan McGinley, and American fashion designer Alexander Wang attend the Alexander Wang Spring 2011 fashion show during Mercedes-Benz Fashion Week at Pier 94 on September 11, 2010, in New York City (Credit: Flashpoint / WENN)

Wang is amongst the most acclaimed contemporary American designers. He was the 2009 winner of the Swarovski Womenswear Designer of the Year award and the Swiss Textiles Award.

He once again won the Swarovski Designer of the Year Away in 2010 but within the accessories category.

In 2011, Wang was named the Best Menswear Designer of the Year by GQ US and the GFDA’s Best Accessory Designer.

2013 saw Wang being honored with a ‘fashion star’ by Fashion Group International, which was presented by the European Editor-at-Large for Vogue US, Hamish Bowles.

Fashion designer Alexander Wang looking excited on the runway at the Alexander Wang x H&M Collection Launch at the Armory on the Hudson on October 16, 2014, in New York City (Credit: Alberto Reyes / WENN)

Considered a fashion icon in his own right, Alexander Wang was named as one of the top 100 influencers in the fashion industry on the HypeBeast HB100 list for consecutive years from 2013 to 2017.

Alexander Wang’s designs are a favorite amongst a-list celebrities, such as Kanye West, Rihanna, and the Kardashian sisters.

With a reputation of his own within the streetwear community, Wang has become an integral part of American fashion and pop culture.

Where are Alexander Wang products manufactured?

Although famous for being an American brand, Alexander Wang’s eponymous fashion brand has most of its manufacturing located in Asia and Europe.

In 2014, the brand had 90% of its manufacturing in Asia. By 2016, 30% of its total manufacturing had relocated to Europe, with a focus on using factories in Spain, Portugal, Italy, and Turkey.

The move from Asia to Europe came at a time when Alexander Wang was climbing the ranks from contemporary designer to a fully-fledged ‘designer’ brand.

Designer Alexander Wang gets kissed by model Bella Hadid at the Magnum VIP Party during the 71st annual Cannes Film Festival at Magnum Beach on May 10, 2018, in Cannes, France (Credit: Euan Cherry / WENN)

With the synonymous luxury that comes from a ‘made in Europe’ design, it’s no surprise that Europe was prioritized as the new base for their product manufacturing.

Alexander Wang’s accessories and its T by Alexander range are being manufactured in Europe, along with its tailored items coming from Italy.

The focus on their manufacturing in Asia remains the brand’s knitwear, particularly silk.

Where is the Alexander Wang headquarters?

Alexander Wang’s flagship store opened in Lower Manhattan’s SoHo area in February 2011, with Wang credited for helping restore the fashion credentials of Lower Manhattan.

The Alexander Wang headquarters are located in New York on Broadway.

The best places to buy Alexander Wang

You’ll find Alexander Wang products anywhere that offer contemporary luxury brands.

As a contemporary designer brand with a presence internationally, you’ll find Alexander Wang at some of the most famous department stores in the world, including Nordstrom and Saks Fifth Avenue. Alexander Wang is also a staple of e-commerce luxury stores.

You’ll find the brand – and its T by Alexander sister brand – available at Net-A-Porter, Farfetch, and Ssense. You can also purchase Alexander Wang through the brand’s official website.

Alexander Wang and Anna Ewers attend the 2015 CFDA Awards at Alice Tully Hall at Lincoln Center on June 1, 2015, in New York City (Credit: Andres Otero / WENN)

Alexander Wang has a number of standalone stores throughout the world, including two in the United States and over 30 in Asia. They have five stores in Europe, including the London flagship store.

As one of the most popular American designers, it’s not unusual to find staple Alexander Wang pieces for sale pre-loved.

Websites like Vestiaire Collective have an extensive collection of pre-owned Alexander Wang clothing and accessories, including the famous Rockie bag.

What do you think of Alexander Wang and his synonymous black designs?

Alexander Wang Facts

Celebrities Wearing Alexander Wang Bags, Dresses, and Shoes