The fashion maven has revealed Chanel's creative director once presented him with a cheque for a whopping $50,000 out of the kindness of his heart.
Sitting down with Fern Mallis for her 'Fashion Icons' series in New York City, Andre revealed: ''It's wonderful to have friends like Karl. When I turned 50, he gave me $50,000. And I never slept with him!''
When he former Vogue editor-at-large was asked what he was hoping to get for his 65th birthday this month, he joked: ''Probably a check from Karl Lagerfeld!''
Andre and Karl have been close for years, with Karl memorably whisking his pal off to Paris on Christmas Eve of 1983 at a moment's notice so the pair could spend the holidays together and avoid being alone.
The ex 'America's Next Top Model' judge also touched upon the important of the Diversity Coalition's mission to increase the number of black models on the runway.
He enthused: ''For so many seasons, the industry has ignored the fact that designers think one black model is enough. We as people have style and culture-we want to see ourselves in the shows!
''You have to make people aware that they may not be racist, but they are doing racist acts.''