Kate Spade

Quick Facts

Date of Birth :
Age : 60 years old
Family Name : Spade
Birth Country : United States
Nationality: American
Birth Sign : Capricorn
Net worth: $200 million
Profession: Entrepreneur, Fashion Designer
Updated on: 2023

Kate Spade was a well-known American fashion designer and entrepreneur. She was best known for founding the designer label Kate Spade New York, which has millions of customers worldwide.

How much is the Net worth of Kate Spade?

At the time of her death in 2018, Kate Spade had a net worth of $200 million. She sold her 56 percent of the company to the Neiman Marcus Group for $34 million in 1999, and the rest for $60 million in 2006.

Remembering Innovator and Designer Kate Spade in Her Own Words |  Entrepreneur
Kate Spade Net worth 2023 Via Entrepreneur

Early Years and Education

June (Mullen) and Earl Francis Brosnahan gave birth to her on December 24, 1962, in Kansas City, Missouri. She attended St. Teresa’s Academy before enrolling at the University of Kansas.

She is the CEO of Kate Spade & Co, a lifestyle accessory and apparel business, and is an American fashion designer. Also, she graduated from Arizona State University with a journalism degree.

She was named “America’s New Fashion Talent in Accessories” by the Council of Fashion Designers of America in 1996 for her traditional designs. She was also named “Best Accessory Designer of the Year” by the CFDA in 1998.

Who was her Husband?

Kate married Andy Spade in a small yet extravagant ceremony in 1994. They began dating after meeting at Arizona State University. Frances Beatrix Spade, their daughter, was born in 2005.

Fashion power couple and Kate Spade creators gamble on a new brand
Kate with her husband. Via CNBC

Death

On June 5, 2018, she committed suicide by hanging herself in her Manhattan apartment. She allegedly left a note addressed to her daughter, according to authorities. Andy claimed the day after his wife’s death that Kate was depressed and anxious.

He also indicated that she has been receiving treatment for a long time, but no one told them that she might do something like this.

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