Salvatore Ferragamo Web Worth: Salvatore Ferragamo was an Italian shoe designer who had a net price of $50 million. Salvatore Ferragamo earned his net worth designing footwear. He was born in Bonito, Italy and died at the age of 62 in 1960. Ferragamo was born in Bonito, near Avellino, because the eleventh baby in a household of fourteen. Having made his first pair of footwear on the age of nine, the young Italian had realized shoe-making was his calling at an early age. Thus, he spent a yr studying the craft in Naples, after which he emigrated to Boston in 1914. Within the USA, he worked with such Hollywood stars as Audrey Hepburn, Marilyn Monroe, Sophia Loren, and even created Judy Garland’s iconic pink heels for The Wizard of Oz. That is how Salvatore Ferragamo turned identified because the “shoemaker to the stars” in Hollywood through the twenties. In 1927, he returned to Italy where he founded his personal eponymous company. Thanks to the scientific and artistic strategy that he employed in shoe-making, he spawned many improvements such as the wedge heel and cage heel, as nicely as the invisible sandal. It’s the Palazzo Spini Feroni in Florence that has been house to the corporate’s flagship store and headquarters since 1938. At present, it’s also the placement of the Ferragamo Museum, which comprises over thirteen,000 models. After Salvatore’s dying in 1960, his widow took over the business and later their six children ran the company. Over the years, the Salvatore Ferragamo brand noticed the launch of males’s and women’s ready-to-wear collections, along with eyewear, perfume, and equipment. In 2008, the Ferragamo household hosted a three-day 80th-anniversary bash in Shanghai to have a good time the success of the model, which at the moment boasts greater than 500 shops throughout the globe. Preferred to be called a shoemaker, Salvatore Ferragamo was an artist and entrepreneur who revolutionized the shoe-making craft by using a perfect combo of magnificence and comfort.