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How Eileen Gu made over US$30 million in luxury endorsements – the Chinese Winter Olympics ski star broke bank as the face of Tiffany & Co. and Louis Vuitton in 2021
STORYBusiness Insider
- US-born model athlete Eileen Gu is the face of at least 23 brands in China, with her popularity soaring since winning gold at the Beijing 2022 Winter Olympic Games
- Chinese social media users see Gu as style inspiration and search for products she endorses, with her broad appeal compared to former NBA star Jeremy Lin
Open China’s Twitter-like platform Weibo, and most of the pop-up ads have one thing in common: Eileen Gu.
Even before the US-born athlete won a gold medal for China in the women’s freeski big air competition on February 8, she’d already become the face of multiple brands across sport, fashion and banking.
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Some of her partnerships include global luxury brands Louis Vuitton, Tiffany & Co. and Swiss watchmaker IWC Schaffhausen, as well as Chinese milk company Mengniu and coffee chain Luckin Coffee. In total, she fronts at least 23 brands, Shanghai-based media outlet Yicai Global said.
As Chinese luxury publication Jing Daily put it, the 18-year-old is “China’s hottest commodity”.
But just how much money have these deals made?
She raked in US$31.4 million from brand endorsements in 2021
According to Shanghai-based market research firm CBN Data, the California-born athlete raked in more than 200 million yuan (US$31.4 million) last year alone from brand endorsements.