Rank #1477
Richard Hayne & family
Net worth $2.9B
Urban Outfitters · United States
- Born
- Sep 01, 1947
- Age
- 78
- Source
- Urban Outfitters
- Residence
- Philadelphia, Pennsylvania
- Citizenship
- United States
- Marital status
- Married
- Children
- 0
- Education
- Bachelor of Arts/Science, Lehigh University
Net worth over time
Biography
- Former hippie Richard Hayne opened his first apparel shop in the mid 1970s, near the University of Pennsylvania, with only $4,000.
- Today, Urban Outfitters is a nationwide chain with more than 200 locations and over $5 billion in revenue.
- Hayne took Urban Outfitters public in 1993 and owns nearly a quarter of the company with his wife.
- Hayne became the company's CEO in 2012 after former CEO Glen Senk left to run New York-based jeweler and watchmaker David Yurman.
- His firm has been at the center of controversy over the years when its products have offended the LGBT community, Navajos, Irish Americans and Jews.
- Hayne owns the 700-acre Doe Run Dairy farm in Pennsylvania, which produces cheese.
- In 1969, after graduating with a degree in anthropology from Lehigh University, Hayne did a stint volunteering with Inuit in Alaska.
Financial assets
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