Michael David Kors is a fashion designer who specializes in sportswear and is based in America. He owns his own designing company where he serves as chief designer. His company is named after him as Michael Kors Holding Limited which deals with men’s and women’s wear ready-made wears.
It also sells accessories, jewelry Footwear, fragrance, and watches. Kors is the earliest women’s ready-made cloth designer whose customer is French house Celine between 1997 and 2003. Let’s find out more about how much is Michael David Kors’s net worth in 2018.
Karl Anderson junior popularly known as Michael David Kors was born in Long Island, New York in the United States of America. His mother was of Jewish origin, but his father was from Sweden. Kors mother was called Joan Hamburger who had retired from modeling. This woman was first married to Karl Anderson Senior who was a student in a particular college. When Michael Kors was five years of age, his mother found another husband who became Kors father, and his name was Bill Kors.
Michael grew up in Merrick, New York. He went to John F. Kennedy High School in Bellmore, New York.
Kors married his current wife Lance Le Pere on 16th August in 2011 in Southampton, New York.
The career design crept to Kor’s interest when he was a kid. His mother speculated that the yarn had been caused partly by exposing him to the related industry in her days to life as a model. It was terrific that Kors was the one who changed his mother’s old wedding dress to fit for her new wedding dress during her other wedding with Kors next father. By this time Michael was only five years of age.
When Michael reached the age of twelve and twenty years, Michael was able to design clothes and to sell them. He had also taken acting lessons when he was young but terminated at the age of fourteen to concentrate on becoming a fashion designer.
In 1977, he registered in Fashion Institute of Technology in New York City. After nine months in the Institute Kors discontinued and fetched a job at fashion shop called Lother’s where he was initially employed as a salesperson.
He was later promoted to a designer and visual display head. Dawn Mello, a fashion director, spotted Michael and requested him to display his designs to Bergdorf Goodman. In 1990 Michael was launched as the license of KORS by the company. There was a misunderstanding between Michael and the company when the closure of the licensing partner for Kors was pronounced. He was forced to stop using the line for a time but later recovered in 1997. This was when he was named the first women’s ready-made designer for French House Celine.
During his stay in Celine Kors improved the fashions with better accessories and designed cheap ready-to-wear line.
He moved from Celine in 2003, October to work for his fashions. In 2002 Kors introduced a menswear line.
Awards & Achievements
In 2016 Kors was honored by The World Food Programme with Mc Govern-Dole Leadership award where Joe was the Chief Guest.
Michael was termed as Global Ambassador Against Hunger for the UNWEP in 2015. In the same year God’s Love We Deliver was dedicated to Michael Kors in honor of Michael Kors support to Solto headquarters.
In 2013 Michael was chosen by The Time 100 magazine in the annual list of 100 influential people in the universe which was copied by New York for New Yorkers.
Again in the same year, Kors was honored with the 2013 couture Award for Artistry of Fashion by the Couture Council of The Museum held at the Fashion Institute of Technology.
God’s Love also crowned him We Deliver with the Golden Heart Lifetime Achievement Award in the year 2012.
Net Worth of Michael Kors
Michael Kors has an estimated net worth of over $1 billion. He has made most of his money as a sportswear fashion designer. In addition to that, he serves as the chairman as well as CEO of Michael Kors Holdings Limited. Before that, he had worked as a salesman and a visual display head.
Kors is prominent in the fashion and design industry. He owns a company related to his career. Besides working, he takes part in charities, and that has earned him some awards. Michael Kors is mentioned by artists such as Nicki Minaj, Pusha T, and Drake in their songs.