Pat McGrath Net Worth
Pat McGrath is a British makeup artist and businesswoman with a net worth of $700 million. She was the exclusive makeup artist for every Vogue Italia cover for a decade and has been called “the most influential makeup artist in the world” by Vogue editor-in-chief Anna Wintour. McGrath was born in Northampton, England in 1970 and was raised by a single mother who was an immigrant from Jamaica. She launched her own makeup line, Pat McGrath Labs, in 2015 and has raised $88 million from outside investors, selling a 5-8% stake in her company at a $1 billion valuation in 2018.
McGrath moved to London in the early 1980s to pursue a career as a makeup artist, despite having no formal experience or education in the industry. Her big break came when she worked with the fashion magazine “i-D” and her makeup work on shoots helped the magazine break into the mainstream. During her career, McGrath has worked with dozens of designers at fashion shows and on countless magazine cover shoots.
McGrath’s mother would quiz her on different types of makeup, shades of eye-shadow, patterns, and types of fabrics when she was young. This was partly out of necessity, as commercial makeup at the time was not made with black women’s skin tone in mind. McGrath and her mother were constantly mixing and experimenting to create their own concoctions.