Calvin Klein net worth is
$700 Million
Calvin Klein Wiki Biography
Calvin Richard Klein was born on 19 September 1942, in The Bronx, New York City USA into a Jewish family, with his father an immigrant from Hungary and his mother from Austria. Calvin Klein is known as a prominent fashion designer and a businessman, with his name prominent in many outlets around the world.
So just how rich is Calvin Klein? According to sources, Calvin’s net worth amounts to an impressive total of $700 million, which wealth he largely owes to the fashion house that he founded which is called “Calvin Klein Inc.”. Among his assets is an ocean-front estate in Southhampton, New York bought in 2003, which Calvin demolished and replaced with a $75 million glass-and-concrete mansion.
Calvin Klein Net Worth $700 Million
Calvin Klein attended the High School for Art and Design, and then attended, but never graduated from, New York’s Fashion Institute of Technology; however, he did receive an honorary Doctorate in 2003. Calvin Klein began his working life in 1962 as an apprentice for Dan Millstein, who was a traditional manufacturer of cloaks and suits. Calvin Klein then spent five years working as a designer in various shops in New York before launching his own company.“Calvin Klein Inc.”, which he founded in 1968 with a budget of $10,000, focusing primarily on selling coats and dresses aimed at the youth population. By the year 1971, Calvin Klein had expanded his sales and added classic blazers, sportswear and lingerie to his collection of women’s clothing.
Several years later Klein received a COTY American Fashion Critics’ Award in 1973 for his collection of womens wear that consisted of 74 pieces, making him the youngest recipient of the award at the time. Klein went on to win the award again in 1974 and 1975. By the year of 1977, his annual revenues reached $30 million, and as a result, increased Klein’s personal net worth to $4 million. That same year, Klein expanded the company’s products and added scarves, shoes, belts, and sunglasses and later signed licenses for cosmetics, jeans, as well as menswear. “Calvin Klein Inc.” success came with the different outlook on men’s underwear. Instead of selling the usual white and boring underwear, Klein’s head of menswear design, John Varvatos ,created a hybrid of briefs and boxer shorts that were called “boxer briefs”. Greeted as “one of the greatest apparel revolutions of the century”, boxer briefs became even more famous due to various advertisements that featured Mark Wahlberg.
A year later, Calvin Klein was named “America’s Best Designer”, but then surprising news came in 1999 when it was announced that the “Calvin Klein Inc.” company was being sold. The company was finally sold in 2002 to “Philips Van Heusen Corp”, which is an American clothing company, for $400 million in cash, including $30 million in stock, as well as licensing rights and loyalties. It could be said that Calvin Klein came out of the deal unharmed as he managed to gain a substantial amount of money that added to his net worth. A year after the deal with “Phillips Van Heusen Corp”, Calvin Klein purchased the aforementioned estate in Southampton Village in Long Island, New York where he usually resides.
In addition to the awards that Klein has received for his intricate designs, Klein earned a place on the International Best Dressed List and was rewarded with Councils of Fashion Designs of America awards in 1981, 1983 and 1993. Calvin Klein has remained a truly inspirational figure in the fashion industry.
In his personal life, Calvin Klein has been married to Jayne Centre(1965-74) with whom he has a daughter. He was also married to Kelly Rector(1986-2006) although they separated in 1996. Calvin is known to be a supporter of the Democratic Party, to which he has donated considerable sums over the years.
| # | Quote |
|---|---|
| 1 | There's an awareness of fashion in this country, and it's not limited to gay people. |
| 2 | People in their 70s can still have incredible lives. Health is the most important thing. |
| 3 | I'm not a politician and don't want any part of politics. |
| 4 | I'm neither Democrat nor Republican. |
| 5 | I have the New York Daily News to thank for the jeans controversy. |
| 6 | I've met people who didn't even know there was a Calvin Klein; they thought it was just the name of a product. |
| 7 | I love Brooke. Exploiting her was never my intention. |
| 8 | I'm not trying to be Mr. Universe, but I want to stay in shape. |
| 9 | I guess I don't have a proper perspective on my fame; if I did, I don't think I'd like it. |
| 10 | There has been a change in men's attitudes toward their clothes. Men are more aware of fashion; they're not afraid of it. |
| 11 | I'm a sexual person, and that's reflected in my clothes and my advertisements. |
| 12 | I'm more offended when someone's killed on television than when there's something that's sensuous or sexual. So what? |
| 13 | I don't trust a lot of journalists. |
| 14 | Women's Wear Daily can do more than any other publication to establish a designer. |
| 15 | We were using Brooke as an actress; she was playing different roles: a liberated woman, a teenager, a vamp. |
| 16 | When I started the business, I hardly went home. I became very driven about work and about my career. |
| 17 | I personally would not have plastic surgery. What the hell for? It looks ridiculous. |
| 18 | My men's-underwear print ads are very popular! |
| 19 | Some people feel that what we're doing makes no sense, that it's just a waste of money. But it's working. |
| 20 | Anyone who is secure about herself shouldn't be threatened by the ads I do. |
| 21 | What we're doing is fun - if you have any sense of humor at all! |
| 22 | People read things into my commercials that don't even exist. |
| 23 | Nothing earth-shattering has happened in men's fashion. How much can you do with men's clothes? |
| 24 | I certainly feel that an adult woman has a right to determine what happens to her life and body. |
| 25 | We're not doing outrageous fashion; I make sports clothes that are relatively conservative, clothes that everyone wears. |
| 26 | There are a lot of gay people in fashion, but it's not as if every gay person is a great creator. |
| 27 | People have told me about organized crime in the fashion industry, but I can't talk about that. I'm looking to stay alive. |
| 28 | When I get into bed at night, I hope I don't get into it alone! |
| 29 | Commercials capture your attention, that's all. |
| 30 | Traditionally, the sample is always better than the stock you deliver to the store. |
| 31 | My wardrobe consists of antique clothes, many of my designs, plus shoes and shirts from Brooks Brothers and Paul Stuart. |
| 32 | I don't dwell on success. Maybe that's one reason I'm successful. |
| 33 | It seems there's always another rumor about my life; some people are simply talked about more than others. |
| 34 | I'm in a business where no one cares about anything except how well your last collection sold. |
| 35 | I don't always want my opinion known. What little privacy I have left I'd like to maintain. |
| 36 | I couldn't have attended half the parties that I was supposed to have been to according to the newspapers. It bothers me. |
| 37 | You don't only worry about the people who hate or resent you; in a way, you're more worried about the people who love you. |
| 38 | AIDS is an absolutely tragic disease. The argument about AIDS' being some kind of divine retribution is crap. |
| 39 | I won't allow myself to have tremendous fear. |
| 40 | Levi's can produce many more Western jeans than we can and make them at a better price. |
| 41 | I don't think about my fame very much. |
| 42 | People who run a ready-to-wear company are businessmen rather than production or design people. |
| 43 | I've been strong and determined all my life about many things I've wanted. |
| 44 | If I allow journalists to describe a collection and they make mistakes, I'm upset, because the retractions are never noticed. |
| 45 | I think there's something incredibly sexy about a woman wearing her boyfriend's T-shirt and underwear. |
| 46 | I have the reputation of being easygoing. But inside, I'm like nails. I will kill. |
| 47 | I love women. I'm trying to do beautiful things with them. I'm not trying to insult them. My life is not about that. |
| 48 | It's fun seeing my label on someone's behind - I like that. |
| 49 | The best thing is to look natural, but it takes makeup to look natural. |
| 50 | If you really love someone and care about him, you can survive many difficulties. |
| 51 | No 27-year-old has the experience to run a company that does a quarter of a billion dollars a year in sales. |
| 52 | I'm crazy, and I don't pretend to be anything else. |
| 53 | The only way to advertise is by not focusing on the product. |
| 54 | I still drink vodka; I'm not an advocate of drinking, but I'm no angel. I don't like grass, because it just makes me hungry. |
| # | Fact |
|---|---|
| 1 | Grew up in The Bronx as son of Hungarian-Jewish immigrants. |
| 2 | Received the Coty Award for three consecutive years from 1973 to 1975. |
| 3 | Best known for his 1970s jeans, famously advertised with a commercial featuring Brooke Shields, and 1990s underwear collection, promoted with giant billboards showing Mark Wahlberg. |
| 4 | Father of Marci Klein. |
| 5 | World famous fashion designer, launching his label Calvin Klein Inc. in 1968. |
Costume Department
| Title | Year | Status | Character |
|---|---|---|---|
| The 48th Annual Tony Awards | 1994 | TV Special gown: Ms. Irving | |
| Players | 1979 | wardrobe: Miss MacGraw |
Actor
| Title | Year | Status | Character |
|---|---|---|---|
| 30 Rock | 2009 | TV Series | Calvin Klein |
Thanks
| Title | Year | Status | Character |
|---|---|---|---|
| The Tyra Banks Show | 2008 | TV Series special thanks - 1 episode | |
| Quello che le ragazze non dicono | 2000 | thanks | |
| The Christmas List | 1997 | TV Movie special thanks |
Self
| Title | Year | Status | Character |
|---|---|---|---|
| The '80s: The Decade That Made Us | 2013 | TV Mini-Series documentary | Himself - Designer |
| About Face: Supermodels Then and Now | 2012 | Documentary | Himself |
| Diana Vreeland: The Eye Has to Travel | 2011 | Documentary | Himself |
| VH1/Vogue Fashion Awards | 2001 | TV Special | Himself |
| American Fashion Awards | 1999 | TV Special | |
| Undressed: Fashion in the Twentieth Century | 1998 | TV Series documentary | Himself |
| The Mike Douglas Show | 1977-1979 | TV Series | Himself - Fashion Designer |
Archive Footage
Known for movies
ncG1vNJzZmimlanEsL7Toaeoq6RjvLOzjpyYpa6Zo3qsuMSipWamlal6uLvRrZ9o