By: Donna Freydkin
Diane von Furstenberg runs her eponymous fashion company, she's the president of the Council of Fashion Designers of America (where she advocates for more diverse runways) and she's the empress of her own reality show, House of DVF.
So we asked the whiz of the wrap dress for her fashion rules to live by.
Rule number one: "There are no rules."
What every woman should own: "I think you should have a day dress, a great coat, a leather jacket, a pair of pants and a great sweater."
The footwear every woman should own: "For shoes, you need a pair of thin high heels -- a sandal type -- you need a pair of shoes with a thick heel, and a pair of boots."
What you should dump when you're clearing out the closet: "You can't go by me. Most of my clothes go in the archive and I can always pull it back. Usually you should throw what you won't wear, but sometimes you bought something and you never wore it, and you never throw it away because you wanted to have it."
What her husband Barry Diller loves her in: "I have no idea. I sleep in an Indian white caftan. That's how he sees me so maybe that."
Her fashion pet peeves: "I don't really like wide shoes and I hate big, big pants."
Click through below to see more photos from DVF's visit to AOL BUILD!
For more fashion week content straight off the runway, click here.
More Fashion Week on AOL.com:
Leanne Marshall's woodland fairytale
BCBGMaxazria Spring 2016
Charles Youssef gets geometric for Spring/Summer 2016