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>> WOMEN'S FASHION Latest News

JAN 03, 2013 - Business Insider

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Fashion Designer Tory Burch Is Officially A Billionaire

Tory Burch is officially a billionaire. Her ex-husband Chris sold half his stake in her company last week, ending an acrimonious legal battle and securing Tory's status as a billionaire.  The women's apparel company she started in 2004 is now worth an estimated $3.5 billion, making her 28.3 percent stake worth over $1 billion, according to Forbes.  She could be worth even more if the company decides to go public, something that many industry people speculate could happen now that her legal battle is over.  Tory Burch LLC brought in $800 million in revenues in 2012, according ... Read More

Tags: Fashion Designer Tory Burch Is Officially A Billionaire,  Women's Fashion Latest News