How did Iris Apfel transform her love for fashion into a multi-million-dollar empire? Her influence extended beyond textiles and interior design, making her a global fashion icon. But how did she amass her wealth, and what were her main income sources?
In this article, PBC breaks down Iris Apfel’s wealth, salary, and financial success. From running a prestigious textile firm to signing a modeling contract at 97, her financial journey is as fascinating as her style.
Iris Apfel Quick Facts
FACT | DETAIL |
---|---|
Real Name | Iris Barrel Apfel |
Popular Name | Iris Apfel |
Birth Date | August 29, 1921 |
Age (as of 02/25/2025) | 102 (Died: March 1, 2024) |
Birthplace | Astoria, Queens, New York City, USA |
Nationality | American |
Ethnicity | Jewish |
Education | New York University, University of Wisconsin |
Marital Status | Widowed |
Spouse | Carl Apfel (m. 1948–2015) |
Children | None |
Dating | N/A |
Siblings | None (Only Child) |
Parents | Samuel Barrel (father), Sadye Syd Barrel (mother) |
Height | 5 ft 6½ in (1.69 m) |
Net Worth | $25 million |
Source of Wealth | Fashion, Interior Design, Business (Old World Weavers) |
What is the Net Worth Of Iris Apfel in 2025?
As of 2025, Iris Apfel’s net worth remains $25 million. Throughout her career, she built her fortune through her textile company, brand endorsements, and later, modeling.
While her net worth is significant, it is modest compared to some of the wealthiest celebrities in the fashion industry.
Her financial success is closely linked to her unique branding, leading to collaborations with major brands like Mattel and IMG Models. Unlike traditional fashion designers, she leveraged her personal style to become a brand herself.
Related People & Companies:
- Carl Apfel
- Old World Weavers
- Metropolitan Museum of Art
- White House restoration projects
- IMG Models
- Mattel
- University of Texas at Austin
- Women’s Wear Daily
- Magnolia Pictures
- WiseWear
Iris Apfel Wealth, Salary and Financial Overview
How Did She Build Her Wealth?
Her financial journey began in the textile industry. Alongside her husband, she co-founded Old World Weavers in 1950. Their company specialized in reproducing historic fabrics, attracting high-profile clients, including the White House, where she worked on restoration projects for nine U.S. presidents.
Her expertise and connections in the design world made her a sought-after figure in high society. As her influence grew, she expanded beyond textiles, investing in fashion and accessories, which later became key income sources.
What Were Her Main Sources of Income?
Her wealth did not come from just one source—it was built through multiple revenue streams:
- Textile Business: Old World Weavers remained her primary business for decades, securing high-profile clients.
- White House Projects: Her involvement in historic restoration earned her prestigious contracts.
- Fashion Endorsements: Collaborations with brands like Mattel, which released a Barbie in her likeness.
- Speaking Engagements: She became a sought-after speaker in the fashion and business world.
- Modeling: In 2019, at 97 years old, she signed with IMG Models, proving age is no barrier in fashion.
- Documentary & Books: The 2014 film Iris and her book Iris Apfel: Accidental Icon further solidified her brand.
How Did She Manage Her Finances?
Her financial strategies revolved around long-term value rather than short-term gains. Her approach included:
- Investing in High-Quality Assets: Old World Weavers focused on exclusive, luxury textiles, ensuring steady demand.
- Global Sourcing: She and her husband traveled frequently to source unique materials, reducing costs and maintaining exclusivity.
- Brand Longevity: She turned her personal style into a profitable brand, securing deals even in her late 90s.
What Role Did Fashion Play in Her Financial Success?
Fashion was more than just a passion for Iris Apfel—it was a business model. Her personal style attracted media attention, leading to:
- Museum Exhibitions: The Metropolitan Museum of Art’s Costume Institute dedicated an exhibition to her, boosting her status.
- High-Profile Collaborations: From IMG Models to Mattel, her influence extended beyond traditional fashion.
- The Iris Documentary: Directed by Magnolia Pictures, it showcased her career, increasing her brand value.
How Did She Influence Business and Finance in Fashion?
She was more than a designer—she was a business visionary. Her career demonstrated:
- Personal Branding Matters: She built a career by embracing individuality, proving that personality sells.
- Age is No Limit: Signing a modeling contract at 97 years old showed that fashion has room for all ages.
- Education & Mentorship: She became a visiting professor at the University of Texas at Austin, inspiring future designers.
What Financial Legacy Did She Leave Behind?
Even after her passing, her influence remains strong. Her contributions to fashion, business, and self-expression continue to inspire entrepreneurs and designers worldwide. Her legacy includes:
- Transforming personal style into a global brand.
- Pioneering financial success in fashion without being a traditional designer.
- Encouraging diversity and longevity in the industry.
Conclusion
Iris Apfel proved that wealth isn’t just about money—it’s about influence and legacy. From textiles to modeling, she reshaped the fashion world and left behind a financial blueprint for creatives.
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