BillionaireNet
Ford
Tom Ford
Rank #1748
UNITED STATESFashion & RetailFashion

Tom Ford

Net Worth
$2.248B
0% (24h)
Thomas Carlyle Ford, born in Austin, Texas, on August 27, 1961, is a prominent figure in the fashion and film industries. With a current estimated net worth of $2.2 billion, his wealth stems primarily from his eponymous fashion brand, Tom Ford International, and his successful tenure as Creative Director at Gucci and Yves Saint Laurent. Ford is known for his distinctive designs, sophisticated aesthetic, and his ability to transform struggling brands into global powerhouses. His career also includes directing acclaimed films like 'A Single Man' and 'Nocturnal Animals,' demonstrating his artistic versatility.

The Full Dossier

Early Life

Tom Ford was born in Austin, Texas, on August 27, 1961. He spent his early life in the suburbs of Houston and San Marcos, Texas, before his family moved to Santa Fe, New Mexico. At age 16, Ford briefly attended Bard College at Simon's Rock but later dropped out. He then studied art history at New York University for a year. Before pursuing fashion, he studied interior architecture at Parsons The New School for Design, where he graduated with a degree in architecture. Ford also spent time acting in television commercials.

Rise to Success

Ford began his fashion career as a design assistant for Cathy Hardwick and Perry Ellis. In 1990, he joined Gucci as the chief women's ready-to-wear designer and moved to Milan. He rose quickly through the ranks, becoming Creative Director in 1994. Under Ford's leadership, Gucci's annual sales grew significantly, and the brand's value increased to over $4 billion by 1999. Ford also became the creative director of Yves Saint Laurent after Gucci acquired it. Ford left Gucci in 2004. In 2005, he launched his own eponymous brand.

Key Business Strategies

Ford's success is attributed to his bold and provocative designs, along with his ability to revitalize brands. At Gucci, he introduced Halston-style velvet hipsters and skinny satin shirts and car-finish metallic patent boots, which increased sales significantly. His marketing campaigns were known for their use of nudity and provocative imagery. After leaving Gucci, Ford launched his own line of menswear, beauty, eyewear, and accessories. In November 2022, Tom Ford sold his brand to Estée Lauder for $2.8 billion. The fashion business is owned by the Ermenegildo Zegna Group through Tom Ford International.

Philanthropy

I am sorry, but the exact amounts or details of Tom Ford's philanthropy are not available from the search results. However, it is stated that Ford is a Democrat and has supported Barack Obama's campaign.

Career Timeline

2022

Sold Tom Ford Brand

Sold his brand to Estée Lauder for $2.8 billion.

2005

Founded Tom Ford International

Launched his eponymous fashion brand.

2004

Left Gucci

Left Gucci due to disagreements with the company's owners.

1994

Creative Director of Gucci

Promoted to Creative Director of Gucci.

1990

Chief Women's Ready-to-Wear Designer

Joined Gucci as the chief women's ready-to-wear designer.

Wealth Trajectory