This story first appeared in the June 16, 2010 issue of WWD. Subscribe Today.
Even before the secondary public offering likely to add more than $900 million to his personal fortune, Polo’s Ralph Lauren ranked among the richest individuals in the worlds of fashion and beauty. Here are some of the industry’s billionaires, with their estimated net worths, according to Forbes’ most recent listing.
Bernard Arnault, LVMH $27.5 billion
Ronald Perelman, Revlon $11 billion
Philip Knight, Nike $10.2 billion
Giorgio Armani $5.3 billion
Ralph Lauren, Polo $4.6 billion
Leonard Lauder, Estée Lauder $4 billion
William Fung, Li & Fung $3.5 billion