Indian fashion and craftsmanship were placed on the global map once more as Bollywood actress Alia Bhatt looked the epitome of grace and beauty in a gorgeous floral saree at the 2024 Met Gala. But who is the person behind this concept? That is Sabyasachi Mukherjee, the man who scripted history by becoming the first Indian fashion designer to walk the Met Gala carpet. In this piece, we unpack his trousseau of talent and decode Sabyasachi’s net worth.

Embodying this year’s theme, ‘Sleeping Beauty: Reawakening Fashion’ and interpreting the dress code ‘Garden of Time’ with elegance, Bhatt looked like an ephemeral dream at fashion’s biggest regalia during her sophomore Met Gala appearance. She was draped in a fringed floral Sabyasachi saree with a long train and Sabyasachi high jewellery. With that statement, the couturier redefined modern Indian fashion like no other.

Today, Sabyasachi is an irrefutable name in the luxury fashion world. And I believe, there is hardly any girl in the country who doesn’t dream of being a Sabya bride (including, yours truly).

From dressing A-listed celebrities on their important days (Deepika Padukone at the 2024 BAFTA and 2022 Cannes Film Festival, Priyanka Chopra at her wedding and Oprah Winfrey for the 2012 Jaipur Literary Festival) to opening lavish stores in New York, London and Dubai, and creating a tour-de-force influential luxury designer brand in India, Sabyasachi Mukherjee has become an evergreen face of celebrating Indian art, textile, fashion and designs.

Let us take a look at Sabyasachi’s net worth, his journey, career and achievements

What is Sabyasachi’s net worth?

While designer Sabyasachi Mukherjee had a net worth of about INR 114 crores in 2022, reports suggest, it has reached around INR 224 crores in 2024.

As for his brand, it is one of India’s largest and the world’s most influential luxury labels. According to Financial Express, in 2021, Aditya Birla Fashion and Retail struck a strategic partnership with the founder by acquiring a 51 per cent stake in the brand for INR 398 crores.

Sabyasachi: The man you know, the journey you probably don’t

Studying a bit of economics in high school made Mukherjee want to start a business. Going against his family’s wishes to become an engineer, this young man decided to pursue fashion, and in 1999, he graduated from the National Institute of Fashion Technology (NIFT), Kolkata, with flying colours. He boldly declined offers from top fashion houses to start his eponymous label, with just INR 20,000 borrowed from his family and three-member team, six months later.

Soon, his ground-breaking ideas and works began to garner applause globally. In 2001, he won the Most Outstanding Young Designer of India award from the Femina British Council. An internship with designer Georgina von Etzdorf in London set him on a mission to promote Indian luxury fashion to the West.

This was just the beginning.

In 2002, he debuted his maiden collection Kashgaar Bazaar (which he created at NIFT) at the Lakme Fashion Week and raked in much applause. The following year came his grand international debut where he won the Grand Winner Award at the Mercedes Benz New Asia Fashion Week in Singapore, along with an internship with Jean Paul Gaultier and Azzedine Alaïa. In 2003, he also showcased his Kora collection at the Lakme India Fashion Week and sent waves across the industry.

In 2019, he celebrated 20 years of Kashgaar Bazaar with Christian Louboutin by revisiting the prints and motifs and reimagining them with a modern spin.

Fashion weeks and accolades

The 2000s decade heard the panther on the Sabyasachi emblem roar loud and far. The fashion designer had spread his wings and over the next couple of years, the Bengali from Kolkata became a noted face at international events.

In 2004, he debuted his Bohemian-inspired collection The Frog Princess at the Miami Fashion Week and also participated in the Kuala Lumpur Fashion Week. The following year, he presented his designs at the Oxford University Charity Gala Show in London, which earned him the opportunity to retail at Selfridges. This not only made him a global star but also boosted Sabyasachi’s net worth immensely. By now, there was no looking back for the Kolkata boy.

In 2006, Mukherjee took Indian textiles to the New York Fashion Week with his collection Snail and opened the windows to the concept of ‘slow luxury’. It emphasised the timeless and ageless quality of handcrafted designs and Indian motifs.

Over the next decade, Sabyasachi Mukherjee continued to dominate global runways and magazines with his aesthetics and vision. From presenting at the London Fashion Week and becoming a guest editor of Vogue to showcasing at Sotheby’s, becoming the first Indian fashion designer to be a part of the ‘Inspired by India’ selling exhibition and bringing his vision to Taj Suites and Residence, London, the Sabyasachi brand reached new heights.

All these successes boosted Sabyasachi’s net worth while earning him coveted spaces in renowned publications. However, in 2016, the NIFT alum decided to sign out of all Indian fashion shows. The brand’s website quotes the fashion designer, “Why bother with front row politics when the world can be your front row?”

With this motto in mind, he launched the Sabyasachi brand Instagram account and debuted his next collection there. This became another catalyst to his ever-growing fame, fortune and net worth as it bridged the gap between label Sabyasachi, the designer and his direct customers. The brand continues to maintain this tradition.

Sabyasachi and Bollywood films

Sabyasachi net worth
Image: Courtesy Black/ IMDb

Working with revered directors of Indian cinema was another avenue that boosted Sabyasachi’s net worth. Thwarting the quintessential glamorous songs and dances of Bollywood movies, Mukherjee debuted with Sanjay Leela Bhansali’s Black (2005), starring Amitabh Bachchan and Rani Mukerji. Not only was the film a blockbuster hit, but it also earned Sabyasachi a National Award for Best Costume Designer.

Sabyasachi net worth
Image: Courtesy Guzaarish/ IMDb

In 2010, he partnered with Bhansali again for Hrithik Roshan and Aishwarya Rai Bachchan starrer Guzaarish. He sought Frieda Kahlo as his muse to conceptualise Bachchan’s ensembles. The film also marked the launch of jewellery from the label Sabyasachi in collaboration with jewellery brand Gaja. This laid the foundation of a grand savoir fare with Bengal’s jewellery craftsmanship.

These were followed by other iconic movies where Mukherjee became a costume designer — Baabul (2006), Laaga Chunari Mein Daag (2007), Raavan (2010), Paa (2009), No One Killed Jessica (2011) and English Vinglish (2012).

While it may not be clear how much Sabyasachi made from these projects, the scale of these hits indicates his net worth must have skyrocketed along with his flourishing business and global acclaim.

Making of the bespoke Sabya bride

Sabyasachi net worth
Heritage Bridal Collection, 2023 (Image: Courtesy Image: Courtesy Sabyasachi/ @sabyasachiofficial/ Instagram)

As a woman, I can absolutely vouch for the fact that almost every Indian girl has, at some point, marked her favourite Sabyasachi lehenga for her D-day. And not just us, time and again, A-listed celebrities, too, have turned to this Kolkata man for their big-day outfit.

The journey to revolutionise the luxury bridal industry started in 2007 when the young designer presented his bridal collection Chaand Bibi at the Lakme Fashion Week. Fusing traditional artistry with a contemporary Bohemian touch made him stand out. The rest is history.

Over the years, the proud Bengali has used bold colours, avante garde motifs and striking patterns to elicit the regal affair that an Indian bride is. For him, ‘red is not seasonal, it’s iconic’. The Heritage Bridal collection of 2023 is testimony to this vision.

Sabyasachi net worth
Heritage wedding and white wedding collection (Image: Courtesy Image: Courtesy Sabyasachi/ @sabyasachiofficial/ Instagram)

He has not shied away from experimenting with fabrics and textiles to give brides unique looks that would break the mould. From sheer laces to sequined sarees and lehengas, Banarasi suits and sarees and Kanjivarams, Mukherjee is a genius when it comes to tactile fabrics, detailed embroidery, intricate workings and fine aesthetics.

These Sabyasachi brides opted for saris instead of lehengas

However, this is just a nutshell description of Mukherjee appealing to the bridal senses; one glance at the brand’s Instagram page or website will tell you that a gargantuan collection and myriad choices lie ahead of you. Whether you prefer a pastel-shaded outfit or a splash of eclectic colours, this label has you covered.

Sabyasachi bridal lehengas can run into lakhs and sometimes even more depending on the artistry and craftsmanship involved. Hence, laying your hand on one implies carrying a slice of India’s treasure trove of artistic brilliance and karigari. The flourishing wedding wardrobe business contributes significantly to Sabyasachi’s net worth.

Sabyasachi Mukherjee: A celebrity wedding favourite

There is no doubt that such a prolific portfolio and an extremely successful business have made Mukherjee a go-to Indian designer for many celebrity weddings.

Sabyasachi net worth
Image: Courtesy Virat Kohli/ @virat.kohli/ Instagram

In 2017, former Indian cricket captain Virat Kohli and actress Anushka Sharma wore pale pink Sabya ensembles while tying the knot. While he wore raw silk sherwani, she had a glowy look with a floral lehenga and Sabyasachi jewellery. The couple chose the ace designer to curate all the outfits throughout their wedding ceremonies.

Sabyasachi net worth
Image: Courtesy Deepika Padukone/ Instagram

In 2018, Mukherjee designed a stunning red raw silk sherwani for Ranveer Singh and a vibrant red lehenga for Deepika Padukone during the couple’s Lake Como wedding. Keeping the looks under wraps, supervising the making at his Kolkata store and carrying the pieces to the location were the biggest challenges, said the designer.

The same year, he also became the designer of choice for actress Priyanka Chopra and singer Nick Jonas, who donned a bright lehenga and beige sherwani, respectively, for their Hindu wedding rituals.

Another high-profile celebrity wedding in Sabyasachi’s repertoire is Vicky Kaushal and Katrina Kaif’s 2021 nuptials. The actress opted for a stunning red lehenga with golden detailings while Kaushal complimented her regal look with a beige outfit. After the ceremony, Kaif wore a floral pastel shade saree while her husband wore a kurta in the same colourway.

Sabyasachi net worth
Image: Courtesy Katrina Kaif/ Instagram

The following year, it was Alia Bhatt and Ranbir Kapoor’s wedding and Sabyasachi worked his magic yet again. The Gangubai Kathiawadi actress ditched the lehenga and wore an ivory organza saree with hand-embroidered tilla work and a tissue veil. The groom also opted for an ivory silk sherwani with uncut diamond buttons and a silk organza safa and shawl with zari marori embroidery. They also flaunted heavy ornaments from Sabyasachi Heritage Jewellery.

Band Baajaa Bride and Sabyasachi’s television debut

Mukherjee’s television debut came in 2012 when he hosted Band Baajaa Bride with NDTV Good Times. This show helped Sabyasachi Mukherjee reach the masses and made his haute couture accessible to brides all over the country.

The show made the Sabyasachi brand gain strong ground. Young women would come on the show, share their stories and experience a full makeover under the expertise of the designer himself. Over 10 seasons, the show saw outstanding curations and exquisite bridal wear styles that perfectly reflected the happy brides.

While collections from the show and how much Mukherjee made from it are not clear, it is safe to conclude that the amount was quite significant and boosted his net worth and popularity as well.

Sabyasachi Mukherjee dips his fingers in jewellery and accessories

Sabyasachi net worth
Image: Courtesy Sabyasachi

In 2017, the Indian designer entered the realm of high ornaments and launched Sabyasachi Jewellery. Each piece, symbolic of his Bengali roots and links with erstwhile Calcutta, embodies the signature Sabyasachi essence and distinct features of the city.

Brides, here are 12 stunning Sabyasachi chokers we found, for your viewing pleasure

From traditional jadau necklace to Bengal filigree chandbalis; from the supreme Esplanade necklace made of rubellites and diamonds, to the Baghbazar necklace made of sapphires and diamonds; from the Cossipore necklace to the Mangrove bracelet made of navaratna gems reflecting Byzantine and North Calcutta influences — each item is meticulously crafted to exude regal Indian charm and romanticise old-world classic Calcutta.

Celebrities like Natasha Poonawalla, Deepika Padukone, Naomi Campbell and others have flaunted these stunning pieces several times. Most recently, both Mukherjee and Alia Bhatt wore these pieces at the 2024 Met Gala.

This epic catalogue retails at Bergdorf Goodman and Mumbai, Dubai, New York and Hyderabad stores.

Sabyasachi on the art of maximalism and his new high jewellery collection

Sabyasachi net worth
Image: Courtesy Sabyasachi

For Sabyasachi Mukherjee, Kolkata plays an intrinsic role in shaping his ideas and turning them into reality. The practicality coexisting with the glitter and glamour became a strong source of inspiration for curating his accessories line and in 2018 he launched the Royal Bengal Minaudière clutch bag. More bags like the Loreto, the Nani Bucket, the Chowringhee, the Calcutta Sling and the Park Street show how the city has become Sabyasachi Mukherjee’s muse.

A more expansive catalogue of sunglasses, belts, lipsticks and beauty products (in 2018, he became the first Indian designer to collaborate with L’Oreal) proves his burgeoning command over the luxury domain and soaring net worth.

Sabyasachi Mukherjee’s collaborations

Brand collaborations and capsule collections are another aspect of the fashion business and Mukherjee joined forces with nothing but the best. Not only did it catapult his brand notches higher, but gave his net worth an enormous push.

In 2015, he marked his debut international collaboration with Christian Louboutin. The limited edition collection featured handbags and shoes with the iconic red sole and impeccable embroidery. This paved the way for a long-standing association between the two behemoths.

Sabyasachi net worth
Image: Courtesy Sabyasachi

The following year he became the first Indian designer to collaborate with Pottery Barn for a festive collection that sold out in a week.

In 2020, Mukherjee collaborated with New York’s Bergdorf Goodman to showcase his high jewellery. The success of the pop-up led him to retail pieces at the iconic store.

Sabyasachi net worth
Image: Courtesy Sabyasachi

Another path-breaking collaboration came in 2021 with H&M. Mukherjee became the first Indian designer to partner with the global retailer and joined the club of Karl Lagerfeld, Balmain and Versace. The simple and practical collection sent the internet into a frenzy. In India, Myntra crashed within nine seconds and all the items were sold out within seven minutes of being live. Shelves were also empty by the next day. The items were available across 50 countries in stores and globally online.

Some of Mukherjee’s most stunning collaborations include drinkware with Starbucks, eyewear with Morgenthal Fredericks, dinnerware with Thomas Goode, diamond jewellery with De Beers Forever and the creation of a cinema suite at Taj London.

Sabyasachi net worth
Image: Courtesy Sabyasachi

In 2023, Mukherjee worked with the Elephant Family (an NGO committed to preserving endangered animals and their habitats) and presented installations before King Charles and Queen Camilla. He even presented them with shola masks to highlight Indan indigenous crafts. The same year, he was one of the 100 creators chosen by Disney for the Make-A-Wish initiative marking the Create 100 celebrations. The designer reimagined Mickey Mouse in an Indian avatar called Namastey Mickey.

In 2024, he also launched an array of wallpapers with Asian Paints called the Nilaya collection and partnered with Estee Lauder as well. Such incredible collaborations not only boosted Sabyasachi’s net worth but also cemented his position on the global fabric.

This year, Mukherjee was awarded the Designer of the Decade India Fashion Award from the Fashion Design Council of India by Union Minister of Commerce and Industry, Piyush Goyal.

Sabyasachi Stores

For Mukherjee, stores are not just shops; they are the ‘main characters’. He opened his first store in Kolkata’s Lake Road in 2009 as a 5,000 sq ft (about 465 sq m) establishment. Quoting the fashion maestro, his website states, “How would I fill the store? The conflict gave rise to my retail signature — 60 per cent products, 40 per cent experience.”

In 2022 his grand 5,800 sq ft (about 540 sq m) New York store came up. The following year, the design genius made global headlines with his largest flagship store in Mumbai’s ICP Fort Heritage, Veer Nariman Point. It is a living museum with artefacts, designs, Indian and international ready-to-wear garments and a couture salon.

Sabyasachi Art Foundation and social initiatives

Not just a fashion designer par excellence, Mukherjee also has a mind for developing a community for weavers and craftsmen. In 2014, he founded the Sabyasachi Art Foundation to help underprivileged artists from Bengal who work on commissioned projects for the label.

Another noted social initiative by the fashion icon was creating ajrakh uniforms for underprivileged girls at the Rajkumari Ratnavati Girls School in Jaisalmer. The school was built by Diana Kellogg Architects in collaboration with Michael Daube’s CITTA, on donated land from businessman Manvendra Singh Shekhawat. It aims at empowering these girls and teaching them local art and vacation.

Sabyasachi Mukherjee’s family and home

The ace designer was born on 23 February 1974 in Kakinara, West Bengal, to Shukumar and Sandhya Mukherjee and has a sister, Shingini Mukherjee. He spent his childhood in Chandannagar before embarking on his career.

Although he is a globetrotter with residences in Mumbai and Kolkata, it is the latter that is a culmination of all things Indian and earthy.

Doubling as his store, the mansion has an opulently decorated living hall with tall vases and a Dutch pottery collection from Schiraaz M Tanksalwalla antique store in the city, states Architectural Digest. It covers an area of 7.250 sq ft (about 674 sq m) and has a beautiful tropical garden with lots of greenery. Several guest rooms, a grand master bedroom with a four-post antique bed, a richly decorated (rather painted) dining room and a bustling kitchen make it an abode only such a designer can envision.

Architectural Digest also gives a sneak peek into his second Kolkata home. A practical and humble apartment, it is filled with auction pieces but is not cluttered like his stores. Sitting area on the terrace, artworks from the Sabyasachi Art Foundation, minimal bedrooms, string furniture and a light rustic colourway make it a breezy home.

(Hero and feature image: Courtesy Sabyasachi/ @sabyasachiofficial/ Instagram)

Frequently Asked Questions (FAQs)

-Who is the richest designer in India?
Sabyasachi Mukherjee, Manish Malhotra, Anita Dongre and Ritu Kumar are among the richest designers in India.

-Who is the CEO of the Sabyasachi brand?
Designer Sabyasachi Mukherjee is the founder and CEO of his namesake label.

-What is the annual turnover of Sabyasachi?
The brand Sabyasachi had a reported annual turnover of around INR 344 crores in 2023.

-What is the starting price of Sabyasachi lehengas?
Sabyasahi lehengas have a starting range of about INR 2-3 lakhs.

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