The Annual Salary of Prada’s CEO, Miuccia Prada, Was Recently Released
In preparation for Prada’s yearly conference, an official notice was filed revealing its secret operations. This happened before the vote on changes in the board of directors. The famous Italian fashion house has published the salary Miuccia Prada receives for a year. Despite the fact that designers’ income is a strictly secured secret in the world of fashion, more detailed information has appeared for the first time.
Prada’s income for the 2020 year has been estimated at approximately 10.9 million dollars, according to the data. Together with other bonuses, that amount was approximately 32,568 dollars and approximately 28,950 dollars for pensions, medical care, and supplies. The husband of designer Miuccia Prada, who is the CEO of Prada SpA, also received the same amount in 2020.
It was noted that the amount of payment was determined taking into account the strategic role of the designer, as well as the importance of her leadership and her role as CEO. Interestingly, Prada’s son, Lorenzo Bertelli, who is currently in charge of communication strategy and development analysis for all Prada SpA brands, has also been appointed to the corporate council.
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