Michael Kors Net Worth

Michael Kors net worth is
$1 Billion

Karl Anderson, Jr. was born on 9th August 1959, in Long Island, New York, USA of Swedish and Jewish descent. Now known under the name of Michael Kors, this famous fashion designer is the CEO and Honorary Chairman of the company titled under his name, Michael Kors Holdings Limited. Michael Kors has been awarded as the womenswear and menswear designer of the year by CFDA respectively in 1999 and 2003.

Michael Kors has been active in the fashion industry for many years, though he has experienced ups and downs during his career. However, it has recently been reported by sources that his net worth is as much as $1 billion.

Michael Kors Net Worth $1 Billion

When born the boy was named after his father, Karl Anderson, Sr. After his parents divorced and his mother married her second husband, Bill Kors, she let her son choose not only his surname but also his first name as he wished. As a result, the boy decided that he wants to be named Michael David Kors.

The success story of the popular designer begins in his very early childhood: he has been interested in fashion ever since he was five years old, when he managed to design the wedding dress for his mother. The Iron Butterfly was named the store located in his parents’ basement, where Kors began to sell the clothes he designed. His store was popular yet the young designer decided that it would be helpful to study design. In 1977, Michael entered the Fashion Institute of Technology. Unfortunately, he abandoned his studies and began working at the boutique on 57th Street.

Several years later, Kors introduced a splendid ladieswear line in such popular stores as Saks Fifth Avenue, Neiman Marcus, Lord & Taylor, Bergdorf Goodman and Bloomingdale’s. Unfortunately, he went bankrupt in 1993, but most importantly the designer didn’t give up, and after a few years he launched a cheaper line in the French house named Celine. From this stage his career has been going up, adding millions to his net worth. In 2002, Michael introduced his menswear line, and soon he left Celine in order to focus on his own brand. As well as launching the successful runway collection, he has launched two additional lines called the KORS Michael Kors and MICHAEL Michael Kors which included respectively jeans and footwear, shoes and handbags.

As of today, he owns full collection boutiques in Chicago, Manhasset, Palm Beach, Beverly Hills and New York. Lots of celebrities love his clothes, and Kors’ famous clients include Michelle Obama, Catherine Zeta-Jones, Heidi Klum, Elissa, Rachel McAdams, Jennifer Lopez, Jennifer Garner, Gwyneth Paltrow, Alicia Keys and many others.

Michael Kors is highly respected person. He has been listed into the 100 most influential people in the world by The Time Magazine. The Council of Fashion Designers of America awarded Michael with Geoffrey Beene Lifetime Achievement Award in 2010. More, Kors won Couture Council Award for Artistry of Fashion in 2013.

In 2011, he married his wife/partner/boyfriend Lance LePere.


Net Worth$1 Billion
Date Of BirthAugust 9, 1959
Place Of BirthLong Island, New York, United States
ProfessionFashion designer, Designer, Costume designer
EducationFashion Institute of Technology
NationalityUnited States of America
SpouseLance LePere (m. 2011)
ParentsKarl Anderson, Joan Hamburger
NicknamesKarl Anderson, Jr. , Michael David Kors
Facebookhttp://www.facebook.com/michaelkors
Twitterhttp://www.twitter.com/michaelkors
IMDBhttp://imdb.com/name/nm1824476
AwardsCFDA International Award
NominationsCFDA Award for Womenswear Designer of the Year
TV ShowsModels of the Runway, Project Runway, Project Runway All Stars (season 1), Great Things About the Holidays
#Fact
1On August 16, 2011 he married his partner of 21 years, Lance LePere, on a beach in Southampton, New York.
2Designed Michelle Obama's dress for her first official photographic portrait as First Lady (2009).
3Is a guest judge for Project Runway (2004).
4Has dressed such celebrities as Jennifer Lopez, Charlize Theron, Catherine Zeta-Jones, Sharon Stone, Madonna, Barbra Streisand, Gwyneth Paltrow, Anjelica Huston, Sigourney Weaver, Liv Tyler, and Rene Russo.
5In 2003, he was awarded the CFDA Award for Menswear Designer of the Year.
6In 1999, he was awarded the CFDA Award for Womenswear Designer of the Year.
7In 1981, his "Michael Kors" label was formed.
8Studied fashion design at The Fashion Institute of Technology.
9One of the world's top fashion designers.

Costume Department

TitleYearStatusCharacter
My Super Ex-Girlfriend2006select wardrobe
Lady in the Corner1989TV Movie fashion show wardrobe

Actor

TitleYearStatusCharacter
Mercenaries2014Background person (as Michael Korsun)

Costume Designer

TitleYearStatusCharacter
Fashiontrance2002TV Series

Thanks

TitleYearStatusCharacter
Sing Me the Songs That Say I Love You: A Concert for Kate McGarrigle2012Documentary special thanks: funding

Self

TitleYearStatusCharacter
CBS News Sunday Morning2017TV SeriesHimself / Himself - Fashion Designer
The First Monday in May2016DocumentaryHimself
Today2015TV SeriesHimself
Secrets of New York Fashion Week2015TV Movie documentaryHimself
Extra2015TV SeriesHimself / Himself - Designer
Entertainment Tonight2014-2015TV SeriesHimself / Himself - Designer
CNBC Meets2014TV Series documentary
Project Runway2004-2013TV SeriesHimself - Judge / Himself - Guest Judge / Himself
Scatter My Ashes at Bergdorf's2013DocumentaryHimself
Good Morning America2011-2012TV SeriesHimself - Guest
The Tents2012DocumentaryHimself
The Tonight Show with Jay Leno2011TV SeriesHimself - At Fashion Week
The Oprah Winfrey Show2011TV SeriesHimself - Guest
Live with Kelly and Michael2008-2010TV SeriesHimself
Bill Cunningham New York2010DocumentaryHimself
Fashion News Live2009TV SeriesHimself
Project Runway: All-Star Challenge2009TV SpecialHimself - Judge
E! True Hollywood Story2008TV Series documentaryHimself
Gossip Girl2008TV SeriesHimself
The Rachel Zoe Project2008TV Series documentaryHimself
American Idol2008TV SeriesHimself - Audience Member
Fashion Rocks2007TV MovieHimself
The Out 1002006TV MovieHimself
Great Things About the Holidays2005TV MovieHimself
The Apprentice2005TV SeriesHimself
Fashion Week Diaries2005TV Movie documentaryHimself
The View2005TV SeriesHimself
VH1/Vogue Fashion Awards2001TV SpecialHimself
American Fashion Awards1999TV Special

Archive Footage

TitleYearStatusCharacter
Extra2017TV SeriesHimself
Entertainment Tonight2016TV SeriesHimself
The Oscars Red Carpet Live2013TV SpecialHimself - Interviewee
Gossip Girl: XO XO2012TV Movie documentaryHimself

Known for movies

Source
IMDB Wikipedia

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