BillionaireNet
Fisher
Doris Fisher
Rank #2325
UNITED STATESFashion & RetailGap

Doris Fisher

Net Worth
$1.6B
+0.13% (24h)
Doris Fisher is an American businesswoman and philanthropist, best known for co-founding the Gap Inc. clothing stores with her late husband, Donald Fisher, in 1969. She played a crucial role in the company's success, serving as a merchandiser until 2003 and sitting on the board until 2009. Fisher, a Stanford University economics graduate, has a current net worth of $1.6 billion. Her wealth stems primarily from her stake in Gap Inc.. Beyond her business achievements, Fisher is a dedicated philanthropist, notably co-founding the KIPP Foundation, which supports public charter schools. She, along with her late husband, also amassed a significant art collection, which is displayed at the San Francisco Museum of Modern Art.

The Full Dossier

Early Life

Doris Lee Feigenbaum Fisher was born on August 23, 1931, in San Francisco, California. Her parents were Jewish immigrants. She graduated from Stanford University with a degree in economics in 1953.

Rise to Success

In 1969, Doris Fisher and her husband, Donald Fisher, co-founded The Gap Inc. in San Francisco. The initial idea came from the couple's difficulty in finding jeans that fit Donald properly. They opened their first store with $63,000, which sold Levi's jeans and LP records. Doris served as the company's merchandiser until 2003 and was on the board until 2009. Gap Inc. expanded to include brands like Old Navy and Banana Republic.

Key Business Strategies

Doris Fisher played a key role in the company's success, developing the Gap's signature style and brand identity. She was instrumental in the merchandising and marketing strategies that led to the company's growth into a global retailer. Doris and Don Fisher emphasized a straightforward shopping experience.

Philanthropy

Doris Fisher is a dedicated philanthropist. She co-founded the KIPP Foundation in 2000 and the Gap Foundation in 1977. She has supported public charter schools and other initiatives aimed at underserved communities. Doris and her husband also amassed a $1 billion art collection.

Career Timeline

2009

Stepped Down from Board

Stepped down from the board of directors for Gap Inc.

2003

Retired as Merchandiser

Retired from her role as merchandiser for Gap Inc.

1969

Co-founded Gap Inc.

Co-founded the Gap clothing store with her husband, Donald Fisher.

Philanthropic Impact

Education$15M+

KIPP Foundation

Co-founded the Knowledge is Power Program (KIPP) to support public charter schools.

Community SupportN/A

Gap Foundation

Established to aid employee and community initiatives.

Wealth Trajectory