Meet The 24-Year-Old Heir To The Getty Family Fortune, Who Is Banking On Ball Gowns As Big Business (2024)

Streetwear is the direction of choice across today’s fashion industry at large. But in the world of fashion designer August Getty, founder of womenswear brand August Getty Atelier, the curb must make room for the red carpet. The 24-year-old great-grandson of oil tycoon Jean Paul Getty – at one point considered the richest living American in recorded history - is on a mission to implement Old Hollywood glamour, in an everyday context: “I think somebody can walk to Starbucks in a gown. For Paris fashion week I dressed my friends in ball gowns and we went to L’Avenue.”

As we sit inside the restaurant of Milan’s Armani Hotel the self-taught designer gushes, “Glam is what me and my friends do, we love to...glam. It comes from the fascination I have with Old Hollywood, and the fascination that people had for these actresses at the time. You didn’t see those girls taking out the trash in their sweatpants and they weren’t wearing sneakers. Streetwear is amazing but it’s not what I do. I think there’s a place for it, but not on the Getty girl.”

The coined “Getty girl” – often written as a hashtag across August’s Instagram business profile – is a reference to the woman wearing the Getty heir’s designs. These women often include Los Angeles it-girls of a Hailey Baldwin caliber, the designer’s best friend and muse Gigi (social media star Gigi Gorgeous that is - not Hadid), plus entertainment industry staples such as Zendaya Coleman and Miley Cyrus. “I think women could take over the world if men just get the f*ck out of the way,” the fashion designer exclaims as part of our conversation in which he professes his love for women and the female form.

August Getty Atelier founder, August Getty.

August Getty Atelier

“LA is where the influencers are, where the celebrities are. That’s where everything is happening and it’s all on the internet asap. Even though it’s not known as a fashion capital, this is where the fashion goes to – it’s a red carpet city,” the youngest child of Ariadne Getty explains.

Each of August’s ultra-feminine – in the traditional sense of the word – designs carry an element of sexy with them. The aforementioned is typically executed in the form of tight silhouettes, regular use of silk, and exposed limbs. Critics might argue that August’s access to the world of red carpet fashion would not have been possible, had he not been born into the Getty dynasty. A dynasty, which story about the 1973 kidnapping of John Paul Getty III triggered the creation of Ridley Scott’s All the money in the world, as well as FX series Trust. The founder behind his eponymous fashion label insists however, that as much as a last name synonymous with wealth and power may facilitate access,having to deal with preconceived notions is an ongoing battle. “I’ve had to deal with rejection because of my last name, as some people will not trust my work ethic. People just think that I have, like, whatever. And that I don’t need to work. But you cannot get where you want to be without being good at it. And I’m really good at my job. When I was around the age of six, I used to take my mom’s Christian Louboutin shoe bags and tie them onto my Barbies as gowns. I then went on to sketching and draping. I never said I wanted to be a designer – I was born one,” Getty says, whose work atelier is based in Los Angeles County’s Culver City.

In his atelier, August works alongside a team of 25 staff members. This includes his mother Ariadne, who acts as the company CEO. “I’m looking to create a smaller atelier in Milan and kind of expand the brand. Stylists often come to the atelier, we sketch together and then we create something. Many of my designs are custom looks, but I do have seasonal collections. I think I’m ready-to-wear, but you can call me couture if you want.”

August’s signature tan, paired with his Valleyspeak, a family fortune, personal bodyguard and fashion-filled lifestyle, sound like the perfect ingredients for reality TV. And offers have been coming in. “My family and I have been reached out to a couple of times to do a reality TV show. It’s definitely up for discussion - that’s it. It would be incredible I think to do a nine-part docuseries for Netflix. Something more documented. Like, I’m not going to do a confessional.”

Meet The 24-Year-Old Heir To The Getty Family Fortune, Who Is Banking On Ball Gowns As Big Business (2024)

FAQs

Who is the current Getty heir? ›

Meet Ivy Getty, the 29-year-old heiress to the Getty oil fortune and a member of one of the richest families in America. Ivy Getty is the great-granddaughter of American oil tycoon and industrialist Jean Paul Getty.

How much is the Getty family worth? ›

Forbes placed the family's net worth at $4.5 billion in 2015. Like the Kennedys, the Getty family tree is laced with tragedies throughout—the most notorious of which remains the 1973 kidnapping for ransom of J. Paul's grandson John Paul Getty III, which served as the inspiration for the FX series Trust.

What does the Getty family do? ›

In the 20th century, they were heavily involved in the petroleum industry and in mass media. The Getty family is of Scots-Irish ancestry from their patrilineal lineage, their ancestors having immigrated to North America from Cullavmor, County Londonderry, Ireland (today in Northern Ireland).

Where do the Getty family live? ›

Wormsley is a private estate of Mark Getty and his family, set in 2,700-acre (1,100 ha) of rolling countryside in the Chiltern Hills of Buckinghamshire (formerly Oxfordshire), England. It is also the home of Garsington Opera.

Who will inherit the getty fortune? ›

Meet Ivy Getty, the 28-year-old heiress to the Getty oil fortune: the model is BFFs with Anya Taylor-Joy, attended the Met Gala and Elton John's Oscars party – and Nancy Pelosi officiated her wedding.

Who owns Getty now? ›

In 2008, the private equity firm Hellman & Friedman (H&F) acquired Getty Images for $2.4 billion. In 2012, H&F put Getty up for sale. As of the ensuing sale to Carlyle Group, the company was said to have an archive that included 80 million stills and illustrations. The company was acquired by the Getty family in 2018.

What happened to the Getty fortune after he died? ›

On his death in 1976, he left most of his estate to the museum, and after a nine-year probate fight (which included the 1984 sale of Getty Oil to Texaco for $10 billion), it became the best-endowed museum in the world.

Who is billionaire Getty? ›

December 15, 1892, Minneapolis, Minnesota, U.S. J. Paul Getty (born December 15, 1892, Minneapolis, Minnesota, U.S.—died June 6, 1976, Sutton Place, Surrey, England) was an American oil billionaire reputed to be the richest man in the world at the time of his death.

Who lives in the getty mansion? ›

The Getty House is the official residence of the mayor of Los Angeles, California. It is located at 605 South Irving Boulevard in Windsor Square, a historic district east of Hanco*ck Park, about five miles west of the Los Angeles City Hall.

Where does the Getty family money come from? ›

After moving to North America from Londonderry, George shifted career tack from lawyer to oilman, and set his son on the road to success by lending Jean Paul Getty money to invest in oil wells in 1906. The company that formed from this deal, the Getty Oil Company, was to make Getty his fortune.

Where is J. Paul Getty buried? ›

Getty died on June 6, 1976 in England and was buried at the Getty Villa in Los Angeles. At the time of his death, he was worth more than $2 billion, or nearly $8.5 billion in today's money.

How much is the getty villa worth? ›

Notable properties just outside the Top 10 include LACMA (12th, $622 million), The Getty Villa (15th, $496 million), Westfield Century City (18th, $478 million) and The Beverly Center (19th, $477 million).

What happened to J. Paul Gettys' fortune? ›

On his death in 1976, he left most of his estate to the museum, and after a nine-year probate fight (which included the 1984 sale of Getty Oil to Texaco for $10 billion), it became the best-endowed museum in the world.

Who is the new president of Getty? ›

Katherine E. Fleming Named Getty President and CEO.

What happened to JP Getty's grandson? ›

After his kidnapping, John Paul Getty III struggled with drug addiction. In 1981, he suffered a drug overdose, leading to a stroke that left him paralyzed. He fell under the care of his mother, who provided assistance to him until he died on Feb. 5, 2011, at age 54.

Is Balthazar Getty a billionaire? ›

Balthazar Getty is an American film actor and singer who has a net worth of $200 million. Balthazar Getty is the great-great grandson of Getty Oil Company founder Jean Paul Getty. Jean Paul Getty was the wealthiest person in the world during his lifetime. At the time of his death in 1976, Getty I was worth $2 billion.

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