Portrait of Ralph Lauren

Rank #220

Ralph Lauren

Net worth $12.0B

Apparel · United States

Born
Oct 14, 1939
Age
86
Source
Apparel
Residence
New York, New York
Citizenship
United States
Marital status
Married
Children
3
Education
Drop Out, City University of New York City College; Diploma, High School

Net worth over time

Biography

  • Ralph Lauren is executive chairman and chief creative officer of Ralph Lauren, his all-American fashion empire. He controls 85% of the voting rights.
  • Lauren started the business in 1967 from a tiny office at the Empire State building. His first breakthrough came when Neiman Marcus ordered 1,200 ties.
  • He stepped down from his position as CEO in 2015; His son, David, is chief branding and innovation officer.
  • Born in the Bronx to Jewish immigrants, Ralph Lifshitz, as he was then known, worked as a part-time stock boy at a department store as a teenager.
  • For 30 years, Lauren has supported breast cancer research, cofounding Georgetown's Nina Hyde Center for Breast Cancer Research in 1989.
  • The man who made American fashion cool once donated $10 million to help restore the original Star-Spangled Banner.
  • In June 2019, Lauren was awarded an honorary knighthood by Prince Charles, a first for any American designer.

Financial assets

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