James Jannard net worth: James Jannard is an American businessman and designer with an estimated net worth of $2.8 billion dollars which makes him one of the richest people in Washington. Currently based in San Juan Islands, Washington, James Jannard founded Oakley in 1975. The company was originally devoted to selling rubber grips for BMX bikes and motorcycles, and was based in his car. Nine years later, he began making sunglasses. The company rose to prominence after he convinced popular BMX and Motocross stars to wear his lenses. The company went public in the mid-90s, and subsequently began to manufacture related items, such as goggles, clothing, and shoes. He founded the digital camera company, RED, in 2005, and chose to sell Oakley to Italian company, Luxxotica, in 2007 for $2.1 billion. RED has gone on to become a very successful camera company, with its cameras being used to shoot such feature productions as "The Social Network", "The Girl with the Dragon Tattoo", and "The Hobbit", among many others.