BillionaireNet
Jannard
J
Rank #2768
UNITED STATESFashion & RetailSunglasses

James Jannard

Net Worth
$1.25B
0% (24h)
James Jannard is an American designer and businessman best known for founding Oakley, a leading sports eyewear and apparel company. He is also the founder of Red Digital Cinema. Jannard's entrepreneurial spirit and innovative approach, which began with motorcycle parts, led to the creation of a global brand. His focus on technological advancements and unique designs, often inspired by science fiction, helped build his $2.4 billion net worth and cement his legacy in the fashion-retail industry.

The Full Dossier

Early Life

James Jannard was born in Los Angeles, California, in 1949. He grew up in Alhambra, California, where his family owned a pharmacy. He attended the University of Southern California School of Pharmacy but dropped out after clashing with professors. He then traveled the Southwest on a motorcycle.

Rise to Success

In 1975, Jannard founded Oakley with an initial investment of $300. The company was named after his dog, Oakley Anne. Starting from his garage, he sold motorcycle parts. Oakley expanded into goggles and sunglasses. In 1995, the company went public. Jannard's knack for style and new lens technology helped Oakley to become a prominent brand. He sold Oakley to Luxottica in 2007 for $2.1 billion.

Key Business Strategies

Jannard's strategy included innovative designs and technology, such as the use of 'Unobtanium' for grips. He also restricted sales to select outlets like Sunglass Hut in the 1980s, which enhanced exclusivity. In 2005, he founded Red Digital Cinema Camera Company, which revolutionized filmmaking with affordable high-quality digital cameras.

Philanthropy

Information regarding Jannard's specific philanthropic ventures is limited in the search results. However, his lasting impact is visible in the sectors of sports eyewear and filmmaking.

Career Timeline

2019

Retired

Announced retirement from business.

2007

Sold Oakley

Sold Oakley to Luxottica for $2.1 billion.

2005

Founded RED Digital Cinema

Founded Red Digital Cinema Camera Company.

1995

Oakley went public

Oakley became a public limited company.

1983

Expanded into Sunglasses

Oakley expanded its products to sunglasses.

1980

Expanded into Goggles

Oakley first marketed goggles.

1975

Founded Oakley

Started a one-man business selling motorcycle parts out of his car.

Philanthropic Impact

General PhilanthropyUndisclosed

Unknown

Information regarding specific philanthropic endeavors is limited in the search results.

Wealth Trajectory