Bijan Pakzad Net Worth: Do you ever ponder Bijan Pakzad’s wealth level in the years leading up to his untimely demise? Some credible sources claim that Pakzad amassed a fortune of up to $50 million from his time in the fashion industry.
Bijan Pakzad Net Worth
The late Iranian menswear and perfume designer Bijan Pakzad was worth $50 million. Having opened what has been called “the most expensive store in the world” in Beverly Hills, Bijan Pakzad became known simply as “Bijan.” Bijan was a master marketer of perception and image who built a multibillion-dollar empire selling men’s couture, Haute, and other items that epitomized luxury and sophistication. On April 16, 2011, at the age of 71, Pakzad passed away from a stroke. May you read also this Stephen A. Smith Net Worth
Bijan Pakzad Early Life
On April 4, 1940, Bijan Pakzad entered the world in Tehran, Iran. In the steel industry, his father amassed great wealth. Bijan studied design in both Italy and Switzerland, where he also attended the prestigious Institut Le Rosey boarding school. It was at Tehran’s Pink Panther Boutique that he first made a name for himself.
Bijan Pakzad Personal Life
Bijan had two marriages end in divorce. They met in Europe in the 1960s and were married for 18 years; during that time, they had a daughter named Daniela. Pakzad’s children with his first wife, the model/interior designer Tracy Hayakawa, are the two young adults Nicolas and Alexandra. The Bijan Bugatti Veyron was just one of the 23 cars in Bijan’s garage full of custom-made high-end vehicles. He also kept a black Bentley Azure with a yellow interior, a yellow Ferrari 430 Spider, a yellow Rolls-Royce Phantom Drophead Coupé, a yellow Mercedes-Benz SLR McLaren, and a yellow Bentley Azure outside his Rodeo Drive store. Read More About This Viktorija Golubic Net Worth
In 1976, Bijan opened a boutique on Rodeo Drive in Beverly Hills after relocating to Los Angeles from Tehran in 1973. With just three words — “By Appointment Only” — he gained unheard-of access to some of the world’s wealthiest people and made his way to Rodeo Drive. New York City was home to Pakzad’s first store opening in 1984 and its final closure in the year 2000. Bijan had over 15,000 clients and $150 million in sales by the mid-1980s.
His clients included President Obama, Cary Grant, Michael Jordan, Stevie Wonder, and Frank Sinatra, and his clothes were made in a textile factory he owned in Italy. In the year 2000, Pakzad caused a stir with some advertisements that featured a naked “rotund model named Bella.” After Tina Brown’s “Talk” published the ads, several New York magazines reconsidered their decision. Michael Jordan’s fragrance was introduced by Bijan in 1996. The Bijan Perfume and Fashion Business reportedly made over $3 billion in 2001, as reported by the “Los Angeles Times Calendar Section.” The Bijan label has promoted itself as producing “the costliest men’s wear in the world.” You Read Also Andy Cohen Net Worth
The Courier’s Lisa Bloch sat down with Nicolas Bijan, son of the legendary designer Bijan, to talk fatherhood, new business ventures, and what life is like as the sartorial heir apparent. @NicolasBijan @RoxyBijan https://t.co/Dtgaxyqagh
— The Beverly Hills Courier (@BHCourier) June 15, 2022
Bijan Pakzad Death
Pakzad had brain surgery at Cedars-Sinai in Los Angeles on April 14, 2011, after suffering a stroke on April 14. Two days later, at the age of 71, he passed away. LVMH paid $122 million to purchase the Bijan boutique on Rodeo Drive in 2016, and four years later the store relocated to the other side of the street. See This Roy Disney Net Worth
Bijan Pakzad Awards
Bijan received the Ig Nobel Chemistry Prize in 1995 and the Otis Design Legend Award from the Otis College of Art and Design in 2010. It was in 2011 that he received the “Entrepreneur of the Year” award from Oxford University. In addition to those two awards, Pakzad has taken home two more FiFis for the best national advertising campaign for men and two more for the best women’s fragrance package in 1988 and 1988, respectively (1997). More Update Colt McCoy’s Net Worth
Throughout his senior years, Bijan lived in a lavish mansion on Sunset Boulevard in Los Angeles. He spent $6 million to purchase the mansion from singer Luis Miguel (with no mortgage in 2002). The mansion’s more than 12,000 square feet were split between six bedrooms and nine bathrooms, and the grounds were adorned with more than a hundred terra cotta flowerpots. Pakzad’s estate estimated the value of the mansion at $5,000,000 at the time of his passing. To add intrigue, Bijan’s estate sold the mansion just two years later, in 2013, for $9.4 million. Pakzad had a home in the Malibu area as well. Visit Dailyrealtime.com for additional updates.