Famous American Fashion designer, Ralph Lauren businessman, and philanthropist who is known for his Ralph Lauren Corporation. He has got a multi-billion company, and he also has got a collection of various types of automobiles. In the year 2015, he left his job of CEO in the company, but he is the Executive Chairman of the company till now. To know more about the net worth of Ralph Lauren in 2018, you can read this article ahead.
Early Life & Biography
He was born on 14th October in the year 1939 in The Bronx in New York City. His father was a house painter and artist. He has three siblings, and all of them are elder than him. He used to go to MTA along with his school and then he completed his graduation Dewitt Clinton High School in the year 1957. Later on, he took admission at Baruch College, and he used to study business there. He dropped the college just after two years.
He got married to Ricky Ann on 20th December in the year 1964 in New York. Both of them met each other six months before their marriage. Ricky used to work as a receptionist in the Doctor’s office, and they met together there. Both of them have three children. In the year 2011, he got married to Lauren Bush who was the granddaughter of George Bush. In the year 1987, he had to go through surgery to get his tumor removed and got recovered completely. He has also got 17,000 acres of Cattle Ranch in Colorado.
Career, Awards & Nominations
He used to work in the US Army from the year 1962 to the year 1964 but later on, he joined Brooks Brothers Company. He used to work as a sales assistant and then he became a salesman for a company which sold ties. In the year 1967, The Ralph Lauren Corporation was started with male ties. Later on, he got interested in sports and started his line of menswear in the year 1968 with name POLO.
In the year 1971, he launched tailored shirts for women. In the same year, his store was opened in Beverly Hills. He made the first freestanding clothing store for an American designer. In the year 1978, Lauren cologne for men and women were launched. The list of awards won by Ralph Lauren is endless as he continued to win awards since the year 1970 to present year.
Net Worth & Earnings
The net worth of Ralph Lauren is around $8.5 billion which he has accumulated with his clothing lines, and he is considered as the 91st richest person of America. He has worked hard and with full dedication to reach this position. He has also won awards for his work as a fashion designer other than earning money. Not only, he earns money for himself only but he also donates money to the people, and he has also founded some charity institutions in which he gives financial help.
He is passionate about collecting vehicles of different types, and he got around a hundred automobiles which are rare. He is the co-founder of Nina Hyde Center for Breast Cancer in the year 1989, and he hates when people call him a philanthropist. He supports various institutions and also donates money for the charities. He is also regularly donor for the Democratic Party.
He is a nice person by heart and has made his life successful by working hard for his company, and he was always passionate about fashion designing which made him stand on this platform.