Anne Paloma Ruiz-Picasso y Gilot, better known as Paloma Picasso, was born on the 19th April 1949, in Vallauris, France, and is a businesswoman and fashion designer, probably best recognized for her designs of jewelry for Tiffany & Co., and for her perfumes. She is also known all over the world as the daughter of artist Pablo Picasso. Her career has been active since 1968.
So, have you ever wondered how rich Paloma Picasso is, as of mid-2017? According to authoritative sources, it has been estimated that Paloma counts the total size of her net worth at the impressive amount of $600 million, accumulated through her successful career in the fashion industry. Another source came from her brief career as an actress.
Paloma Picasso Net Worth $600 Million
Paloma Picasso was raised with older brother, Claude Picasso, in her hometown, by her father, Pablo Picasso, a well-known artist of the 20th century, and her mother, Françoise Gilot, who was a writer and painter. She also has two half-sisters and a half brother from her mother’s relationship with Luc Simon, an artist. Her father represented her in many his paintings, including “Paloma In Blue” and “Paloma With An Orange”.
Paloma’s career as a fashion and jewelry designer began in 1968, when she moved to Paris to attend jewelry design classes. She was encouraged by her friend Yves Saint Laurent, who immediately commissioned her to create accessories for his company. Soon after that, in 1971 she was hired by Zolotas, a Greek jewelry company, as a jewelry designer, which marked the beginning of an increase of her net worth.
In 1980, Paloma’s career reached a whole new level, when she began working at Tiffany & Co. in New York, which added a considerable amount to her net worth. Since 1983, she has been a member of the International Best Dressed List, compiled by the magazine Vanity Fair. To speak further about her career, four years later, she launched her first fragrance called Paloma for the cosmetics company L’Oréal. Beside that, during the same year, she launched the whole cosmetics line, which includes a bath line, body lotion and powder. Thanks to her accomplishments, she was named as one of the Women Who Have Made an Extraordinary Impact on the Fashion Industry by The Fashion Group in 1988.Additonally, she was also rewarded with an MODA award by The Hispanic Designers, Inc.
Most recently, she created a new collection called Marrakesh, marking the celebration of her 30th anniversary of collaboration with Tiffany & Co., after which she created Venezia collection in 2011, increasing further her net worth.
Apart from her career as a designer, Paloma tried herself as an actress, making her debut appearance in the role of Countess Erzsébet Báthory in a film entitled “Immoral Tales” in 1973, directed by Walerian Borowczyk. Although she received positive critiques for her beauty, she quit acting.
When it comes to speak about her personal life, Paloma Picasso has been married to Dr. Eric Thévenet since 1999. Previously, she was married to businessman Rafael Lopez-Cambil from 1978 to 1998. She has no any children, and she divides her time with husband between their residences in Paris, London, Marrakech in Morocco, and Lausanne in Switzerland. She is also known for establishing the Paloma Picasso Foundation, which promotes the projects of her famous parents.
