Ultra Rich: 10 Richest LGBTQ People within the World

Ultra Rich: 10 Richest LGBTQ People within the World

In this listing, we check out a number of the richest LGBTQ folks on the planet. They hail from numerous industries, together with leisure, trend, tech, biomedical and extra. The internet worths listed below are as reported by Forbes as of 2022.

Read on to seek out out who made the reduce for the richest LGBTQ folks on the planet.

Richest LGBTQ folks at a look

  • David Geffen, the co-founder of DreamWorks
  • Peter Thiel, PayPal co-founder
  • Giorgio Armani, founding father of Armani
  • Jon Stryker, Stryker Corp
  • Stein Erik Hagen, co-founder of Norwegian grocery store chain Rimi
  • Jennifer Pritzker, Hyatt Hotel heiress
  • Tim Cook, CEO of Apple
  • Domenico Dolce, co-founder of Dolce & Gabbana
  • Stefano Gabbana, co-founder of Dolce & Gabbana
  • Michael Kors, founding father of Michael Kors

David Geffen, the co-founder of DreamWorks — $9.2 billion

David Geffen received his begin within the leisure enterprise within the mailroom of the William Morris Agency (WMA). He went on to grow to be a expertise agent earlier than co-founding Asylum Records with Elliot Roberts. This is the place Geffen started amassing his wealth, as Asylum turned recognized for creating the Southern California folk-rock sound. It signed enormous names such because the Eagles, Joni Mitchell, Bob Dylan and plenty of extra.

In 1994, Geffen went on to create Dreamworks SKG movie studio alongside Steven Speilberg and Jeffrey Katzenberg. The studio has produced or distributed greater than 10 movies which have grossed greater than $100 million every. Geffen got here out as homosexual in 1992, and in 2007 topped Out journal’s listing of the fifty “Most Powerful Gay Men and Women in America”.

Peter Thiel, PayPal co-founder — $7.19 billion

Peter Thiel is a German American entrepreneur who co-founded Confinity in 1998, a platform designed to deal with funds between Palm Pilots. The following 12 months, the corporate merged with Elon Musk’s, and PayPal was born. Thiel was PayPal’s CEO till 2002, when eBay acquired the corporate for a whopping $1.5 billion. The acquisition made Thiel a multimillionaire, however over time, thanks to numerous investments — together with Facebook — and different firms and hedge funds he’s based, he has accrued wealth estimated at $5 billion.

In 2007, Gawker revealed a characteristic that claimed Thiel was gay. While he denounced the article, he subsequently got here out as homosexual. He at the moment lives in Los Angeles along with his husband, Matt Danzeisen.

Giorgio Armani, founding father of Armani — $6.7 billion

Image: Milan Fashion Week

The iconic dressmaker received his begin within the trend line working at La Rinascente, a well-known Milan division retailer. This was after Armani accomplished his army service and dropped out of medical college. Later on, he turned a designer at Nino Cerruti earlier than partnering up along with his buddy Sergio Galeotti to launch Giorgio Armani S.p.A. in July 1975. His firm’s first assortment was a males’s clothes line, however he later additionally launched a ladies’s assortment.

In the Eighties, his reputation within the US skyrocketed when his creations, or ‘energy fits’ started that includes on the tv sequence Miami Vice in addition to the film American Gigolo. The latter featured Richard Gere decked out in Armani’s signature style. Over the years, the Armani model has grown right into a formidable power, including every little thing from inside design to resorts into its portfolio.

About his sexuality, Armani instructed Vanity Fair in a 2000 interview: “I’ve had ladies in his life. And typically males.”

Jon Stryker, Stryker Corp — $3.6 billion

Born in Kalamazoo, Michigan, Stryker is the youngest grandchild of Homer Hartman Stryker, founding father of multi-billion greenback medical expertise firm, Stryker Corporation. Stryker is a registered architect in Michigan, and in addition president of an organization that specialises within the rehabilitation of previous buildings.

The 63-year-old additionally based the Arcus Foundation, which nice ape conservation in addition to LGBT causes. Stryker, who’s overtly homosexual, stays one of many world’s high philanthropic donors to LGBT causes. Arcus Foundation is said to give more than $17 million a year to organisations that search social justice for LGBT folks.

Stein Erik Hagen, CEO of Orkla ASA — $2.3 billion

Hagen is the CEO of Orkla ASA, a Norwegian conglomerate that offers in client items, aluminium options and monetary funding. In the 70s, Hagen based Rimi, a grocery retailer chain along with his father. Hagen bought his shares of Rimi in 2004. According to Forbes listing of billionaires, Hagen is the sixth richest individual in Norway, and one of many richest LGBTQ folks

Regarding his sexuality, Hagen came out as bisexual on on the Norwegian-Swedish discuss present Skavlan. He mentioned on the present that his ex-wives and household has recognized about his sexuality for “a few years”.

Jennifer Pritzker, Hyatt Hotel heiress — $2 billion

Pritzker is the world’s solely recognized transgender billionaire. She inherited stakes in her household’s Hyatt Hotels chain and different industrial firms run by her late father Robert, and his brothers Jay and Donald. Pritzker can be the CEO and President of Tawani Enterprises, a wealth administration firm that’s closely concerned in historic preservation, sustainability and different philanthropic efforts.

The 71-year-old served within the US Army from 1974 – 2001, retiring with the rank of Lietenant Colonel. She was later bestowed a promotion to full Colonel by the Illinois Army National Guard. Being a Republican, Pritzker was a supporter of Donald Trump throughout his presidency marketing campaign. Since his 2017 tweet about his intention to ban transgender folks from army service, nonetheless,Pritzker has made donations to Joe Biden as a substitute.

Tim Cook, CEO of Apple — $1.5 billion

Cook received his foot within the door within the tech enterprise by working for the pc producer International Business Machines Corporation (IBM) from 1982 to 1994. He left the corporate as director of North American fulfilment. Over the following few years, he lent his experience to numerous different tech firms together with Compaq Computer Corporation.

Cook joined Apple as senior vp of worldwide operations in 1998, when was on the snapping point. With Steve Jobs on the helm as soon as once more — he rejoined the corporate in 1997 after first leaving in 1985 — started making a comeback by a slew of recent merchandise together with the iMac, iPod and ultimately, the iPhone. Key to the corporate’s success was Cook’s potential to streamline provide chain and operations. He took over the reins in 2011, when Jobs died, and a decade later, Apple’s market worth sits steadily at $2 trillion.

Cook got here out as homosexual in 2014, by way of an editorial for Bloomberg Business. He mentioned, “I’m proud to be homosexual, and I think about being homosexual among the many best items God has given me.”

Domenico Dolce, co-founder of Dolce & Gabbana — $1.2 billion

From left: Stefano Gabbana and Domenico Dolce.

Born in Palermo, Sicily, Dolce had a really early introduction into the world of trend. His father was a tailor, and Dolce spent his time working in his household’s small clothes manufacturing unit whereas learning trend. Later on, he moved to Milan to examine on the trend design college Istituto Marangoni however dropped out earlier than he may graduate. In 1980, he met Stefano Gabbana by his then-boss Giorgio Correggiari.

The pair turned romantic companions in 1982, and subsequently launched ‘Dolce & Gabbana S.p.A.’ in 1985. Over the years, the model turned a trend stalwart and branched out into perfume, eyewear and equipment. In 2003, Dolce and Gabbana introduced their break up, however continued their skilled relationship.

Stefano Gabbana, co-founder of Dolce & Gabbana — $1.2 billion

Stefano Gabbana was born in Milan in 1962. His father labored in a printing manufacturing unit and his mom labored at a laundry service. Gabbana accomplished his design coaching on the Istituto Superiore per le Industrie Artistiche, in Rome. As talked about earlier, he began ‘Dolce & Gabbana S.p.A.’ along with his then-partner Dolce in 1985.

The following 12 months, Dolce & Gabbana made its runway debut at Milan Fashion Week. By then the model was recognized for its extravagant model and animal prints. Dolce & Gabbana’s huge break, nonetheless, occurred when Madonna picked them to design the outfits for her ‘Girlie’ tour.

Michael Kors, founding father of Michael Kors, — $600 million

Michael Kors’s ardour for the style business started from a younger age. He started designing whereas nonetheless residing in his mom’s suburban house in Merrick, New York, and even designed her wedding ceremony gown when she married his stepfather. He then moved to New York City in seek for a profession, and ended up working a French boutique referred to as Lothar’s. Kors designed and merchandised his first assortment there.

The success of the gathering allowed him to launch his personal line in 1981, and it was bought in NYC’s high-end malls. Over the years, Kors grew his model right into a trend superpower, reaching worldwide success. The ‘MICHAEL Michael Kors’ model, launched in 2014 has over 770 shops all over the world, together with Paris, Milan, London, Cannes, and Tokyo. It was reported in 2014 that Kors had a wealth of greater than $1 billion. That has since shrunk to $600 million, however he’s nonetheless one of many richest LGBTQ folks on the planet right this moment.

Kors married his longtime accomplice Lance La Pere in August 2011, shortly after homosexual marriage turned legalised in New York.

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