BillionaireNet
Miller
Robert Miller
Rank #1953
UNITED KINGDOMFashion & RetailRetail

Robert Miller

Net Worth
$1.985B
0% (24h)
Robert Miller is a British-American billionaire entrepreneur, and sailing champion, best known for co-founding DFS (Duty Free Shops) in 1960. With a current net worth of $2.4 billion, Miller's wealth stems from his strategic investments and his significant 38% shareholding in DFS, a dominant player in the global retail sector. He is also known for setting sailing world records with his yacht, Mari-Cha IV.

The Full Dossier

Early Life

Robert Warren Miller was born on May 23, 1933, in Quincy, Massachusetts, U.S. He graduated from Cornell University School of Hotel Administration in 1955.

Rise to Success

In 1960, Miller co-founded DFS (Duty Free Shoppers) with Chuck Feeney. DFS quickly secured exclusive concessions for duty-free sales in Hawaii and Hong Kong, becoming the world's largest travel retailer. In 1996, Feeney's interests in DFS were acquired by Louis Vuitton Moët Hennessy (LVMH), but Miller retained a significant shareholding.

Key Business Strategies

Miller focused on securing prime locations for duty-free shops, targeting the increasing number of international travelers. DFS expanded into off-airport duty-free stores and downtown Galleria stores, establishing a strong presence in the luxury retail market. Miller also targeted the emerging economic elite in mainland China.

Philanthropy

Miller and his family have raised millions for charities, scholarship funds, schools, and health organizations.

Career Timeline

2003

Sailing Record

Set a new world record for the fastest transatlantic crossing with his monohull yacht, Mari-Cha IV.

1996

LVMH Acquisition

Feeney's interests in DFS were acquired by LVMH.

1973

Founded Search Investment Group Ltd

Founded Search Investment Group Ltd, an international investment company.

1960

Co-founded DFS

Co-founded DFS (Duty Free Shoppers) with Chuck Feeney.

1955

Graduated from Cornell

Graduated from Cornell University School of Hotel Administration.

Philanthropic Impact

GeneralMillions

Various Charities

Raised millions for charities, scholarship funds, schools, and health organizations.

Wealth Trajectory