Forbes has named American fashion designer and business executive Ralph Lauren as the richest man in fashion.
Lauren, 72, topped the 400 list with a net worth of $6.5 billion, more than his financial estimate last year. Lauren is the the 122nd wealthiest person on Earth.
In early 1987, Lauren was diagnosed with a benign brain tumour. In April of that year, he underwent surgery to remove the tumour and made a full recovery.
He is best known for his Polo Ralph Lauren clothing brand.
Other fashion industry insiders on the rich list include:
Leslie Wexner (No. 83, $4.4 billion) who owns the Limited Group and Victoria’s Secret, Richard Hayne (No. 328, $1.4 billion), who owns Urban Outfitters, and several members of GAP’s Fisher family (Doris, No. 142, $2.9 billion;
John, No. 206, $2.3 billion;
Robert, No. 285, $1.7 billion)
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