America has seen a wide array of Fashion Designers take the world fashion scene by a storm. Tory Burch is one such fashion mogul who has always strived for eccentricity in her designs. Apart from being a successful celebrity designer, she is also a world-famous philanthropist. Forbes’ List of “The World’s 100 Most Powerful Women” gave her the 73rd position in 2015. Read on to know more about Tory Burch’s net worth in 2018.
Tory Burch Early Life
Daughter of Reva and Ira Earl “Bud” Robinson, Tory Burch was born on 17 June, 1966 in Valley Forge of Pennsylvania. Her father, Ira Earl Robinson was the owner of a paper cup company and a stock exchange seat, which he inherited from his ancestors. He was a wealthy and successful investor. Tory Burch’s mother, Reva was a Jewish actress. She had three brothers named Robert, Leonard, and James with whom she grew up in a 250 year old Valley Forge farmhouse near the Valley Forge National Historical Park.
Tory Burch did her schooling from Agnes Irwin School in Pennsylvania. She was an active tennis player while there and was also the captain of the school team. Jewellery designer, Kara Ross was her friend from this school. Tory Burch did her graduation, majoring in art history in 1988, from the University of Pennsylvania. In the University, she was also a member of sorority Kappa Alpha Theta.
Tory Burch Career, Awards & Achievement
After College, Tory Burch worked for Zoran (a Yugoslavian designer) and Harper’s Bazaar magazine, moving to New York. She was also a public relations and advertising officer at Vera Wang, Loewe and Ralph Lauren.
Tory Burch launched her “TRB by Tory Burch” with a retail store in Manhattan’s Nolita District in February, 2004. It later came to be known as “Tory Burch” and even became a legendary fashion label, as most of her inventories were sold on the first day. In April 2005, Oprah Winfrey, on “The Oprah Winfrey Show” hailed Tory Burch as “the next big thing in fashion”. Tory Burch’s website became a big hit after the statement in the days that followed, as it secured eight million sell-outs immediately.
The “Tory Burch” has over 200 stores around the world after a remarkable growth since its launch and the fashion line comprises: beauty collection, home decor, fragrances, readymade shoes, handbags, watches, accessories, etc. The Stores are managed by specialty stores and over 3000 departments worldwide.
In 2015, Tory Burch launched a separate performance active wear line, “Tory Sport”.
Tory Burch’s style is popular among women of all ages and is known for the versatility of its fashion line. Her designs are often featured in “Gossip Girl” and are loved by the viewers and fans of the show. Tory Burch has a line of “Reva Ballerina flats”, which she named after her mother.
Awards and Achievements
Tory Burch was given “The Accessory designer of the Year” honor in 2008 by the Council of Fashion Designers of America.
She was awarded with the “Accessory Brand Launch of the Year” award from the Accessories Council of Excellence in 2007.
The Fashion Group International for the Best New Retail Concept gave her the “Rising Star” Award in 2005.
In the field of philanthropy too, she has set an example by receiving the Taub Humanitarian Award from the Breast cancer Research Foundation in 2015. In the same year, she was in the list of Working Mother’s “50 Most Powerful Moms” of the year.
Net Worth of Tory Burch
Tory Burch has a net worth of $1.2 billion, thanks to her impeccable fashion acumen and chic styles.
Tory Burch is a self-made iconic woman who wants other women of the world to be ambitious and self-loving just like her. Her continual efforts for the human cause has made her an internationally appreciated phenomenal name.