Jennifer Hyman net worth is
Jennifer Hyman Wiki Biography
Jennifer Hyman was born in 1981, and is a businesswoman who became famous for co-founding the company Rent the Runway, with Jennifer Fleiss. The company became one of the most well-known businesses in the United States with their unique way of providing new and fashionable clothing and accessories to women for an affordable price.
So how much is Hyman’s net worth? As of mid-2017, based on authoritative sources it is reported to be $300 million acquired from her years as a businesswoman.
Jennifer Hyman Net Worth $300 Million
Born in New Rochelle, New York, Hyman attended Harvard University and graduated with a degree in social studies in 2002. She later on finished her MBA in 2009 at the Harvard Business School.
Before opening her own company, Hyman worked as a Director of Business Development at IMG, in which she focused on the company’s Fashion Division. After working for IMG, she also worked at WeddingChannel.com in which she managed an online advertising sales team. She also became an employee at Starwood Hotels and Resorts Worldwide. Her early years in the corporate world also helped in her career and in her net worth.
Hyman got the idea for Rent the Runway during her years in Harvard Business School. During a Thanksgiving break, she noticed that her sister bought another expensive designer dress despite having plenty of great choices in her closet. Hyman realized that women are now forced to only wear a dress once due to the influence of social media making re-wearing unappealing.
When she returned after Thanksgiving, Hyman had the idea of renting designer dresses for an affordable price to save women from spending hundreds of dollars for an outfit they were only going to use once. She shared her idea with classmate Jennifer Fleiss, and in 2009 they started Rent the Runway.
Today, Rent the Runway not only provides rental of formal wears, but also accessories and even wedding dresses. It has also become one of the most famous and successful businesses in the United States with over five million members. The company is also recognized by New York State Society for Human Resources Management, as one of the best places to work in New York. The success of Rent the Runway made Hyman one of the most well-known businesswomen in the US, and also tremendously increased her net worth.
Aside from being a co-founder and CEO, Hyman also serves as the company’s spokesperson, and often appears on television to provide information about the company. She has since appeared in “Today” on NBC and “Good Morning America” on ABC. She is also a sought-after panelist, and speaker on various topics including women in business, leadership, and entrepreneurship among others.
Some of the awards Hyman has received throughout the years included “Most Powerful Women Entrepreneurs”, “Executive Dream Team” and “Trailblazers 2013” all given by Fortune Magazine. Other awards also included Crain’s New York Business “40 under 40”, “Most Influential Women in Technology” given by Fast Company and “Top 30 Under 30” by Inc. Magazine.
In her personal life, Jennifer is still single, but caused a stir in 2013 when she called off her wedding to hotel executive Peter Mack just three days before the event.
|Full Name||Jennifer Hyman|
|Net Worth||$300 Million|
|Date Of Birth||1981|
|Place Of Birth||New Rochelle, New York|
|Profession||Businesswoman, CEO and Co-Founder of Rent The Runway|
|Education||Harvard University, Harvard Business School, New Rochelle High School|
|Awards||New Rochelle High Schools wall of fame, Distinguished alumni award (2016)|
|Nominations||Most Influential People in New York Fashion (Fashionista.com), Disruptors 2013 (Forbes Magazine’s), Most Influential Women in Technology (2011, Fast Company’s), Most Powerful Women Entrepreneurs (2011), “Entrepreneur of the Year” New York Area Regional finalist (2013, Ernst & Young)|
|TV Shows||On the Money (2017), CBS This Morning (2016), `Rent The Runway' CEO Jennifer Hyman (Bloomberg TV), The Insider (2014), The Oprah Winfrey Show, Retail’s Big Show, WWD’s Digital Forum, 99U Conference, Rent the Runway, Today (NBC’s), Good Morning America (ABC’s)|