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Without official documentation, tax filings, or credible interviews, the number is inherently unverified. In November 2020, the company announced a deal of staggering proportions: Tapestry, the parent company of Coach, was acquiring Kate Spade, and subsequently, it was revealed that Tapestry would also acquire Michael Kors. The year 2020 also saw Zendaya make strategic moves that expanded her influence beyond acting. While his television work provides the spotlight, his restaurants provide the tangible proof of his craft and a direct source of income. Consequently, his compensation, while perhaps not as headline-grabbing as some hedge fund managers, is reflective of his immense responsibility and the value he brings to the table.
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