Tom Ford Net Worth
Tom Ford Net Worth: Tom Ford is an American fashion designer and film director who has a net worth of $500 million. Tom Ford has earned his net worth as creative director of Gucci and YSL, and creator of the Tom Ford brand in fashion. He was born Thomas Carlyle Ford on August 27, 1961, in Austin, Texas. Tom he rose to international stardom with his turnaround of the Gucci fashion house and the creation of his own high-end Tom Ford label. This happened before he made his breakthrough as a film director with the Oscar-nominated drama, A Single Man, in 2009. The son of realtors Tom Ford Sr. and Shirley Burton, Tom Jr. is a graduated from the Parsons The New School for Design with a degree in architecture. However, during his studies in New York he realized he was much more drawn to the fashion world than architecture. He soon started to work as a design assistant for the American designer Cathy Hardwick. Two years later, he left to work for fashion house Perry Ellis. But his tenure there didn't last long since he wanted to find a job in the European fashion industry. In 1990, he joined Gucci as its chief women's ready-to-wear designer. While there, he got a chance to showcase his talent, and even replaced his the designer director who resigned in 1992. Then, he went on to lead the brand's store, advertising, image, ready to wear designs and fragrances, as well as eventually became the brand's Creative Director. At the time he became Creative Director, Gucci was losing $23 million per year off $230 million in annual revenue. Over the next decade Tom orchestrated a turnaround that cemented his position in the fashion and retail brand industry.
In 2004, two years after leaving Gucci, he introduced the world with his own Tom Ford brand. Today the Tom Ford brand sells over one million pairs of sunglasses ever year, at roughly $350 a pop. The brand generates at least $500 million in revenue and with expansion is expected to reach $1 billion in annual revenue in the near future.
When it comes to his private life, Tom is currently in a relationship with his long time partner Richard Buckley. The couple has a son named Alexander John Buckley Ford.
Tom Ford Net Worth from Real Estate: Tom and Richard own an impressive collection of real estate. In early 2019 they plunked down $18 million to buy a four-story New York City townhouse. When in Los Angeles they stay at their $40 million Holmby Hills mansion, down the street from the Playboy Mansion. They also own a 20,000+ acre ranch in Santa Fe New Mexico which was quietly put on the market for $75 million back in 2016. The ranch features a wild west town that has served as a location for several films including 3:10 to Yuma and Thor.
|Net Worth:||$500 Million|
|Date of Birth:||Aug 27, 1961 (58 years old)|
|Height:||6 ft (1.83 m)|
|Profession:||Fashion designer, Film director, Screenwriter, Designer, Actor, Film Producer|
|Nationality:||United States of America|