Calvin Klein Net Worth is $700 Million (as of 2020)
It has been reported that the total size of Calvin Klein net worth is as high as 700 million dollars, according to the recent calculations. He has earned his net worth and fame mainly because of his work as a fashion designer. Calvin Klein was born in the Bronx, New York City in 1942. His grandmother was working as a seamstress and she was also the one who taught Calvin Klein many things about designing. His mother later also motivated him to get involved into art and fashion industry. When he was young, Calvin Klein’s friends would play sports and he would study hard and sketch his first fashion designs and sewing. Calvin Klein was attending the High School of Art and Design. Later, he was studying at New York’s Fashion Institute of Technology, however, he has never graduated from it. In 2003, he finally got his honorary Doctorate.
Quick facts
Net Worth: | $700 Million |
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Age: | 80 years old |
Date of birth: | Nov 19, 1942 |
Nationality: | United States of America |
Occupation: | Businessperson, Fashion designer |
Last Updated: | 2023 |
He started to work in the fashion industry when he became an apprentice for a suit maker Dan Millstein. In 1968 he started his own fashion company which eventually became known as Calvin Klein, Inc. The company has also served as one of the main sources of Calvin Klein net worth. In making his company, Calvin Klein was supported a lot by his childhood friend named Barry Schwartz. In addition to producing clothing, Calvin Klein launched his perfume line as well as jewelry, eyewear, swimwear, watches, accessories, furs and socks. These lines have also added up to the total sum of Calvin Klein net worth.
A lot of people believe that the reason why he became so successful is his smart marketing technique. Calvin Klein managed to always be in the spotlight and newspapers because of his controversial life. Calvin Klein was also the one who designed women underwear which resembled men’s jockey shorts. Calvin Klein’s company made many TV commercials, one of them starring Brooke Shields, which also made her an international star. The famous line which she told in these commercials is “Nothing comes between me and my Calvins”.
In addition, Calvin Klein became known for his successful and high selling perfumes, such as “Eternity”, “Obsession” and “Escape” and the sales of them have also added up to the overall amount of Calvin Klein net worth. Also, the fame of his perfumes grew even more with the TV commercials of them, where the dominant theme was sex.