I sort of have a lot- but not a crazy amount, because I don't have a closet.
Let me explain.
I have an armoire- this holds all my day to day clothes. I am a SAHM, so all this means are my sweats, pjs, undies, socks, and actual outfits.
I also have two large oak baskets on top of the armoire that hold my off season clothes- obviously, it's all sundresses and bathing suits and shorts in those right now.
Then, we have what could either be called a large, un-hardwared closet or the world's tiniest bedroom across the hall. At the one end of this room, I have two big zippered plastic "closets" that I have dress up clothes in- holiday stuff, party dresses, and few professional clothes that I've hung onto, as well as, I think, four pairs of heels and my wedding dress.
These plastic closets are really full right now, because I'm pregnant and my armoire in our bedroom is full of maternity clothes, so my regular clothes had to go somewhere.
I have a rule about dozens. I can only have 12 outfits of any one category.
I organize my clothes into outfits- one entire outfit per hanger. This started when we moved here and I didn't have my own closet anymore- it takes up much less space to do it this way.
My categories are casual winter, casual summer, professional, special occaision, sweats, pajamas, and underwear. I have just added the "maternity clothes, summer and winter category".
I have a dozen maternity outfits currently, plus four sweatsuits (pants, tee, sweatshirt) and my pajamas. My dozen regular winter outfits are crammed in the plastic closets, and my dozen summer outfits are in the baskets.
I have six professional outfits and about eight special occaision outfits that live in the plastic closets all the time, because I only wear clothes like that once a month at the very most.
I have a dozen pairs of underwear, and probably about eight bras right now, including sports bras. I also have two scarves, two headwraps, and lots and lots of socks.
As for shoes, I have those four pairs of heels, an inside pair of athletic shoes, an outside pair, a pair of one stars, a pair of loafers, a pair of flats, two pairs sandals, two pairs dress boots, one pair casual boots, a pair of hiking boots and snow boots. (Hey, our seasons include "mud" and "snow"! We need boots here!
) My shoes live in underbed boxes.
I also shop thrift stores, and we have really good ones here. I have a budget for clothes for all of us of $500 per year. (This doesn't include DH's shoes, though, as those are a special order item.) I had to impose the dozen complete outfits rule to keep us all organized in a virtually closetless house.