Jimmy Choo Net Worth is$50 Million
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Profession: Fashion Designer, Designer

Date of Birth: 1961

Ethnicity: Malaysian Chinese, British Chinese

Country: United Kingdom, China

Net Worth: View Jimmy Choo Net Worth

Jimmy Choo has an impressive net worth of $50 million. Jimmy Choo has acquired his net worth through becoming one of one finest shoe designers in modern history. Coming from a family of shoemakers, Choo started making shoes from the tender age of just 11. Hailing from Malaysia, Choo moved to the UK to study at Cordwainers Technical College and graduated in 1983. Three years later, he opened a workshop in Hackney, north London -his workshop was an old hospital building! His one-of -the-kind designs certainly didn't go unnoticed as his shoes were featured in Vogue magazine back in 1988 - and the rest was history. By 1996, Choo co-founded Jimmy Choo Ltd, with Vogue magazine editor Tamara Mellon. He sold his 50 per cent of the business in 2001 for a whopping $20 million. Since then, he has spent his time on his company, Jimmy Choo Couture Line, which is produced under the licence of Jimmy Choo Ltd. Choo is also setting up a shoes institute in his native country, to inspire would-be fashion designers and shoemakers.
Jimmy Choo, OBE, born Choo Yeang Keat, (Chinese: ???; pinyin: Zhou Yangjie) is a Malaysian fashion designer based in London, United Kingdom. He is best known for founding Jimmy Choo Ltd that became known for its handmade women's shoes.
Choo was born in Penang, Malaysia, into a family of shoemakers, who are of Chinese Hakka descent. His family name is Chow but was misspelled on his birth certificate as Choo. He made his first shoe when he was 11 years old. He is perhaps the most notable of students of Cordwainers Technical College in Hackney, England, from which he graduated in 1983. (The college is now part of the London College of Fashion at University of the Arts London.) Choo has divulged that he worked part time at restaurants and as a cleaner at a shoe factory to help fund his college education.
Jimmy Choo traced his beginnings back to his workshop in Hackney, North London, which he opened in 1986 by renting an old hospital building. His craftsmanship and designs were soon noticed and he came to the verge of international notability when his creations were featured in a record eight pages in a 1988 issue of Vogue. Patronage from Diana, Princess of Wales, from 1990 further boosted his image.
In 1996, he co-founded Jimmy Choo Ltd with British Vogue magazine accessories editor Tamara Mellon.
In April 2001, Choo sold his 50% stake in the company for ?10 million. He has since concentrated his work on the exclusive Jimmy Choo Couture line produced under license from Jimmy Choo Ltd. The Jimmy Choo London line, also known as Jimmy Choo Ready-To-Wear or, simply, Jimmy Choo, is under the purview of Mellon. The ready-to-wear line has expanded to include accessories such as handbags.
Choo lives in London and is currently involved in a project to set up a shoemaking institute in Malaysia, where his iconic status is often evoked to inspire budding shoemakers and fashion designers. Jimmy Choo Ltd. produces some of the most expensive high-end shoes.

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Magnetar Capital Partners LP - Form 8.3 - Jimmy Choo Plc

All interests and all short positions should be disclosed. Details of any open derivative or option positions, or agreements to purchase or sell relevant securities, should be given on a Supplemental Form 8 (Open Positions). If there are positions or ...
Posted: August 13, 2017, 6:10 pm
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