10 of the Richest LGBTQ Individuals within the World
On this record, we check out a few of the richest LGBTQ individuals on the planet. They hail from varied industries, together with leisure, style, tech, biomedical and extra. The online worths listed below are as reported by Forbes as of 2022.
Learn on to search out out who made the reduce for the richest LGBTQ individuals on the planet.
Richest LGBTQ individuals 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 Lodge heiress
- Tim Cook dinner, 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 acquired his begin within the leisure enterprise within the mailroom of the William Morris Company (WMA). He went on to turn out to be a expertise agent earlier than co-founding Asylum Information with Elliot Roberts. That is the place Geffen started amassing his wealth, as Asylum grew to become recognized for creating the Southern California folk-rock sound. It signed large names such because the Eagles, Joni Mitchell, Bob Dylan and lots 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 record of the fifty “Most Highly effective Homosexual Males and Ladies 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 next yr, the corporate merged with Elon Musk’s X.com, 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 varied investments — together with Fb — and different corporations and hedge funds he’s based, he has accrued wealth estimated at $5 billion.
In 2007, Gawker printed a function that claimed Thiel was gay. Whereas he denounced the article, he subsequently got here out as homosexual. He at the moment lives in Los Angeles together with his husband, Matt Danzeisen.
Giorgio Armani, founding father of Armani — $6.7 billion
The enduring clothier acquired his begin within the style line working at La Rinascente, a well-known Milan division retailer. This was after Armani accomplished his navy service and dropped out of medical college. Afterward, he grew to become a designer at Nino Cerruti earlier than partnering up together with his good friend 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.
Within the Nineteen Eighties, his reputation within the US skyrocketed when his creations, or ‘energy fits’ started that includes on the tv collection Miami Vice in addition to the film American Gigolo. The latter featured Richard Gere decked out in Armani’s signature fashion. Through the years, the Armani model has grown right into a formidable drive, including every little thing from inside design to accommodations into its portfolio.
About his sexuality, Armani informed Vainness Truthful in a 2000 interview: “I’ve had ladies in his life. And generally 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 know-how firm, Stryker Company. Stryker is a registered architect in Michigan, and likewise president of an organization that specialises within the rehabilitation of outdated buildings.
The 63-year-old additionally based the Arcus Basis, which nice ape conservation in addition to LGBT causes. Stryker, who’s overtly homosexual, stays one of many world’s prime philanthropic donors to LGBT causes. Arcus Basis is alleged to offer greater than $17 million a yr to organisations that search social justice for LGBT individuals.
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. Within the 70s, Hagen based Rimi, a grocery retailer chain together with his father. Hagen offered his shares of Rimi in 2004. In line with Forbes record of billionaires, Hagen is the sixth richest particular person in Norway, and one of many richest LGBTQ individuals
Relating to his sexuality, Hagen got here 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 Lodge heiress — $2 billion
Pritzker is the world’s solely recognized transgender billionaire. She inherited stakes in her household’s Hyatt Lodges chain and different industrial corporations 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 Military from 1974 – 2001, retiring with the rank of Lietenant Colonel. She was later bestowed a promotion to full Colonel by the Illinois Military Nationwide 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 individuals from navy service, nevertheless, Pritzker has made donations to Joe Biden as a substitute.
Tim Cook dinner, CEO of Apple — $1.5 billion
Cook dinner acquired his foot within the door within the tech enterprise by working for the pc producer Worldwide Enterprise Machines Company (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 varied different tech corporations together with Compaq Pc Company.
Cook dinner joined Apple as senior vp of worldwide operations in 1998, when was on the breaking 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 via a slew of recent merchandise together with the iMac, iPod and finally, the iPhone. Key to the corporate’s success was Cook dinner’s capacity 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 dinner got here out as homosexual in 2014, through an editorial for Bloomberg Enterprise. He mentioned, “I’m proud to be homosexual, and I contemplate being homosexual among the many best presents God has given me.”
Domenico Dolce, co-founder of Dolce & Gabbana — $1.2 billion
Born in Palermo, Sicily, Dolce had a really early introduction into the world of style. His father was a tailor, and Dolce spent his time working in his household’s small clothes manufacturing facility whereas learning style. Afterward, he moved to Milan to research on the style design college Istituto Marangoni however dropped out earlier than he might graduate. In 1980, he met Stefano Gabbana via his then-boss Giorgio Correggiari.
The pair grew to become romantic companions in 1982, and subsequently launched ‘Dolce & Gabbana S.p.A.’ in 1985. Through the years, the model grew to become a style stalwart and branched out into perfume, eyewear and equipment. In 2003, Dolce and Gabbana introduced their cut 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 facility 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.’ together with his then-partner Dolce in 1985.
The next yr, Dolce & Gabbana made its runway debut at Milan Trend Week. By then the model was recognized for its extravagant fashion and animal prints. Dolce & Gabbana’s huge break, nevertheless, 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 trade started from a younger age. He started designing whereas nonetheless residing in his mom’s suburban residence in Merrick, New York, and even designed her marriage ceremony gown when she married his stepfather. He then moved to New York Metropolis in seek for a profession, and ended up working a French boutique known 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 offered in NYC’s high-end department shops. Through the years, Kors grew his model right into a style superpower, attaining 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 individuals on the planet as we speak.
Kors married his longtime associate Lance La Pere in August 2011, shortly after homosexual marriage grew to become legalised in New York.
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