Bijan Pakzad Net Worth: As you all must be aware Bijan Pakzad is a widely recognised Iranian designer of men’s clothing. In addition to this he is also a well-known designer of perfumes. His store in Beverly Hills is known as the most expensive store in the world. He is known as a connoisseur of quality and perfection. However Pakzad suffered a stroke in 2011 and ultimately passed away at the age of 71. In this article we will discuss everything we know about Bijan Pakzad Net Worth.
Bijan Pakzad Net Worth
Bijan Pakzad was an Iranian designer of menswear and perfumes who had a net worth of $50 million at the time of his death in 2011. The public knew Bijan Pakzad simply as “Bijan” because of his Beverly Hills store, which has been called “the most expensive store in the world.” With his multibillion-dollar men’s couture, Haute, and luxury brand, Bijan was known as a connoisseur of quality, perfection, and universal design excellence. The unfortunate passing of Pakzad, who had suffered a stroke on April 16, 2011, occurred at the age of 71.
Early Life
On April 4, 1940, Bijan Pakzad was born in Tehran, Iran. He came from a wealthy family; his father was a steel industry industrialist. Bijan studied design in both Italy and Switzerland, where he also attended the prestigious Institut Le Rosey boarding school. His first job out of college was at the Pink Panther Boutique in Tehran.
Rodeo Drive
In 1973, Bijan moved to Los Angeles, and in 1976, he opened a store on Rodeo Drive in Beverly Hills. With just three words — “By Appointment Only” — he was granted unprecedented access to some of the world’s wealthiest people on Rodeo Drive. In 1984, Pakzad opened a store in New York City; it was no longer in operation by 2000. Midway through the 1980s, Bijan had over 15,000 clients and $150 million in annual sales. You can also check Anderson Cooper Net Worth.
The likes of President Obama, Cary Grant, Michael Jordan, Stevie Wonder, and Frank Sinatra were among his clients at the Italian textile factory he owned. In 2000, Pakzad caused a stir with ads that featured a naked “rotund model named Bella.” Several New York magazines initially passed on the ads, but after Tina Brown’s “Talk” published them, the rest of the city’s publications changed their minds.
A Michael Jordan perfume by Bijan was introduced in 1996. The “Los Angeles Times Calendar Section” reported in 2001 that the Bijan Perfume and Fashion Business had made over $3 billion in sales. The tagline “the costliest men’s wear in the world” was used by the Bijan company. You can also check Richard Sherman Net Worth.
Personal Life
Bijan has been married and divorced twice. After meeting in Europe in the 1960s, he married Sigi Pakzad and they had a daughter named Daniela. From 1986 until 1995, Pakzad was married to model and interior designer Tracy Hayakawa; the couple had two children, Nicolas and Alexandra. The Bijan Bugatti Veyron was just one of the 23 cars in Bijan’s garage full of customised high-end vehicles.
In addition to the yellow Ferrari 430 Spider and the yellow Rolls-Royce Phantom Drophead Coupé, you could regularly find the black Bentley Azure with the yellow interior, the black Mercedes-Benz SLR McLaren with a custom paint scheme, and the yellow Bentley Azure parked outside his Rodeo Drive boutique. You can also read Cole Hauser Net Worth.
Death
Pakzad had brain surgery at Cedars-Sinai Medical Center in Los Angeles on April 14, 2011, after suffering a stroke on April 14. At the age of 71, he passed away two days later. After being purchased by LVMH for $122 million in 2016, Bijan’s Rodeo Drive boutique moved across the street four years later.
Awards and Accolades
The Otis College of Art and Design presented Bijan with the Otis Design Legend Award in 2010, following his 1995 Ig Nobel Chemistry Prize. It was in 2011 that he received the “Entrepreneur of the Year” award from Oxford University. In addition, Pakzad has been honoured with four FiFi Awards: Best Women’s Fragrance Package (1988), Most Successful Men’s Fragrance (1988), Best National Advertising Campaign – Men’s (1997), and Men’s Fragrance Star of the Year Specialty/Department Stores (1997). Bijan Pakzad net worth increased due to such awards and accolades.
Iranian designer Bijan Pakzad worked directly with the Rolls-Royce factory to create this fully bespoke ‘Bijan Yellow’ Phantom Drophead. 📷: Ryan Merrill for RM Sotheby's #hsdrive pic.twitter.com/ooBm1q9c22
— highsnobiety (@highsnobiety) March 28, 2019
Properties Owned
In his later years, Bijan lived in a large, suitably ostentatious mansion on Sunset Boulevard in Los Angeles. Singer Luis Miguel sold him the mansion, and he purchased it for $6 million (with no mortgage in 2002). You can also read Christina Hall Net Worth.
The mansion had more than one hundred terra cotta flowerpots lining the property and boasted six bedrooms and nine bathrooms across its more than 12,000 square feet. After Pakzad passed away, the estate estimated that the home was worth $5 million. The estate of Bijan was able to sell the mansion for $9.4 million just two years later, in 2013. Pakzad had a home in Malibu as well. Bijan Pakzad net worth is $50 million,
Bijan Pakzad designed menswear and fragrances and created "the most expensive store in the world" on Rodeo Drive. Massive Baller pic.twitter.com/wgy4n3e93p
— Joe Behmanesh (@NBehmanesh) June 23, 2020
To sum up, it is clear that we have talked about Bijan Pakzad Net Worth. The Iranian designer has made his wealth through various sources. If you would like to know more content, please visit our website greenenergyanalysis.com