THE NEW ESTABLISHMENT LIST - 2012
#26 Mary-Kate and Ashley Olsen (The Row AGES: 26. last year’s ranking: New. STAGE OF GLOBAL CONQUEST: Long known for running a $1 billion media empire of all things Olsen—DVDs, books, and tchotchkes—the former child TV stars can now call themselves legitimate fashion designers. At June’s C.F.D.A. awards—the fashion world’s Oscars—they won Womenswear Designer of the Year for their high-end line, The Row, beating out favorites such as Marc Jacobs. ROMANTIC RELATIONS: Mary-Kate’s latest beau is financier Olivier Sarkozy, former French president Nicolas Sarkozy’s half-brother, who is 16 years her senior. Ashley is apparently single, having split with her longtime boyfriend, actor Justin Bartha. POSSIBLE-SIBLING-RIVALRY ALERT: The twins recently announced their retirement from Hollywood to focus on fashion, but younger sister Elizabeth Olsen is making a name for herself there, thanks to her breakout role in the Sundance darling Martha Marcy May Marlene. SIGNATURE ACCESSORY: Venti Starbucks coffee cup. YEAR AHEAD: ↗