Ralph Lauren & Family
$14.3B
Born
Oct 14, 1939
Age
86
Source of Wealth
Apparel
Residence
New York, New York
Citizenship
United States
Marital Status
Married
Children
3
Education
- 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.
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