Donatella Versace (born May 2, 1955) is an affluent Italian fashion designer, like her famous brother, the late Gianni Versace, the founder of the Versace clothing brand. Her current title is Vice-President of the Versace Group and Chief Designer of the fashion line. She holds a great amount of Versace stock, totalling 20% of the entire stock market assets of Versace. Her brother, Santo Versace, owns 30%. Donatella's daughter Allegra Versace inherited 50% of the company stocks after Gianni Versace died; the two were very close.
Through her closeness to her brother's enterprises, Donatella plunged into the fashion world. A decade later, during the 1980s, Gianni launched a perfume dedicated to her, Blonde, and gave her her own diffusion label, Versus, which remains a well-known Versace inner line. Donatella has spoken briefly of her relationship with British presenter Dale Winton.
In his 2008 memoir, Life with My Sister Madonna, Christopher Ciccone wrote that he and Donatella went on a three-day cocaine binge before her Paris couture debut.
Branching into other fields, the company has created the grand, luxurious Palazzo Versace resort on the Gold Coast of Australia. Another growing symbol of the Versace style, the world's tallest hotel, the Burj al-Arab in Dubai, United Arab Emirates (UAE), boasts a broad collection of Versace furniture and beddings in its expensive and lavish rooms.
Plans for the Palazzo Versace Dubai were announced in May of 2005. Gianni Versace SpA, Sunland Group Ltd. and Emirates International Holdings have announced the Palazzo Versace resort to be constructed in the Arabian Bays on the Dubai Creek in Dubai, United Arab Emirates. The second Palazzo Versace will boast a number of suites and luxury villas, including an exclusive spa. Official plans are to begin construction in 2006 and have the hotel completed sometime in the year 2008. The interior of the hotel will be furnished with various Versace collections. As Creative Director, Donatella will carry out final plans and design strategies for the hotel and resort compound. This will be the second Pallazo Versace hotel ever to be built, and the second hotel in Dubai to boast a wide range of Versace collections.
In October of 2002, Gianni and Donatella's most famously designed Versace clothing were displayed in a special exhibit of the historical Victoria and Albert Museum of London to be honored for extraordinary fashion success and symbolism worldwide.
Donatella's deceased brother, Gianni Versace, had a large collection of homes worldwide that have since been sold, most notably his Manhattan, New York double-wide townhome, estimated to be valued at over $21,000,000 USD. Donatella Versace does not permanently live in one residence, but consistently travels from one to the other.
Allegra Versace, upon her eighteenth birthday, received the primary inheritance from her beloved uncle, Gianni, the staggering sum of $700 million.
She was not only left an enormous wealth and heritage from her uncle, Allegra was given Gianni's villa on Lake Como, Italy and a large townhome in one of Manhattan's most affluent neighborhoods. To this day she stands to inherit the company, as her brother, Daniel, inherited Gianni's vast rare artwork collection (since sold). While the Versace Group is not as financially robust as it was in its earlier and peak stages, the Versace Group has publicly made clear that Donatella and Allegra Versace will hopefully bring a new face and attraction to the Versace label.
Donatella has been regularly impersonated by Maya Rudolph on the American comedy skit show Saturday Night Live, which airs on the NBC network. Maya and Donatella are good friends.
She has held cameo performances in many films relating to fashion and its industry, such as Zoolander. Also, in many other films, including the 2006 hit The Devil Wears Prada, the mention of "Donatella" is used sporadically.
In March 2007, entertainment dish blog "RagsToRichies" reported Versace having an incessant fear of shorter men. The wild claim ended up part of the satire "BBC Presents". Versace denies the claim although reports seem to mirror the accusation of her prejudice.
In the new hit ABC series Ugly Betty a fictional character, Fabia, played by actress Gina Gershon, is a parody of Donatella.