As the creator of the Ralph Lauren Corporation, which owns several brands and brings in more than $4 billion annually, he amassed his fortune.
Lauren served in the American Army from 1962 to 1964 after quitting school. At Brooks Brothers, he later worked as a tie salesman and a sales assistant.
Image: The Rake
The first Ralph Lauren fragrances were introduced at Bloomingdale's in 1978 as Lauren expanded into the fragrance industry.
For a one-time payment of $135 million, Ralph Lauren sold Goldman Sachs a 28 percent stake in his business in 1994.
With a special fashion show in New York City's Central Park, the Ralph Lauren company commemorated its 50th anniversary in 2018.
About 100 vehicles are in his collection. The estimated $350 million value of Ralph Lauren's automobile collection.
Among the significant vehicles in his collection are
Multiple 1996 McLaren F1's Bugatti Type 57SC Atlantic 1962 Ferrari 250 GTO Mercedes-Benz 300 SL Gullwing
Lauren has a number of properties in different countries. Outside of Telluride, Colorado, he owns a 17,000-acre cattle ranch.
Image: Vogue Arabia
The American fashion designer and businessman Ralph Lauren has a net worth of $8 billion dollars as of 2022.