Michael Kors is a popular and a well-known American fashion designer who has been well known on designing the women’s sportswear as well as their fashion wear. Much of his popularity came after which he served as a judge on a popular television show known as Project Runway. In addition to this, he also has his own company known after his name as Michael Kors Holding Limited that deals with the women’s and men’s ready-made wears. His company also sells fragrance, Jewelry Footwear, Accessories and Watches. Now let’s have a close look about net worth of Michael Kors in 2020.’
Early Life & Biography
Michael Kors was born on 9th August in the year 1959 in Long Island. He was born to his mother by the name Joan Hamburger who was a former model and his father by the name Karl Anderson Sr. who was a college student while marrying Joan. He has both the Jewish as well as the Swedish descents.
His parents however separated while he was at a very young age in which his mother was then remarried Bill Kors through which Michael then received a new Surname of his new step-father.
Michael Kors got a passion in the fashion line while still at his young age in which as a matter of fact he even designed the wedding dress of his mother on his second marriage. He designed clothes at his teenage life through which he branded them as Iron Butterfly on which he did the sales from his parents’ basement.
He went to John F Kennedy High School getting acting skills for some time through later concentrated on fashion designing after which he then attended Fashion Institute of Technology located in New York.
He is a homosexual through which he had married Lance La Pere in 2011 the vice president of Michael Kors women’s design which took place after the legalization of gay marriage in New York.
Career, Awards & Nominations
Michael Kors got much interest in his professional career while still at his young age. This came from the much exposure he had on this industry from his mother who was a fashion model. He in fact changed the wedding dress of his mother such that it would fit to her new wedding dress. This was while Michael was still at the age of five years. While at the age of 12 to 20 years, Michael was capable of designing clothes and as a result selling them. In addition to this, he also had acting skills though had dropped the studies to be able to concentrate as a fashion designer.
He then got registered to the Fashion Institute of Technology located in New York City in 1977 though was discontinued after which he got a job in a fashion shop known as Lother’s in which at first he became a salesperson. After sometime, he then was promoted to being a designer as well as a visual display head. He got spotted by Dawn Mello who requested him to put his designs on display in Bergdorf Goodman’s after which in 1990 he was launched by the company as the license of KORS.
After a conflict he then stopped using the line of KORS though he recovered in 1997 after he was named as the first Women’s ready-made designer for the French House Celine in which he was able to improve his fashions through coupled with other designs. He has worked for his own fashions 2003. This has seen him get much awards within his whole career due to the exceptional performance.
Net Worth & Earnings
Michael Kors has an estimated net worth of $1.2 billion. This comes from the fortunate earnings he has made in his successful career since his childhood. Most of his money has been from the sportswear fashion designs through which he has been the CEO of the Michael Kors Holdings Limited.
Michael Kors remains to gain much popularity following his great success in his line. He remained passionate on the line of his interest which has earned him much success. His career has been successful since his childhood.