Ralph Lauren (born Ralph Lifshitz October 14, 1939 in New York City) is an American fashion designer, philanthropist, and business executive, best known for the Ralph Lauren Corporation clothing company, a global multi-billion-dollar enterprise. He has also become well known for his collection of rare automobiles, some of which have been displayed in museum exhibits.In 2010, Lauren was declared Chevalier de la Legion d'honneur by French President Nicolas Sarkozy. As of September 2012, Forbes estimates his wealth at $7 billion dollars, which makes Ralph Lauren the 191st richest person in the world.
Created his own fashion label "Polo Ralph Lauren" in 1967, which became a public company in the middle of the 1990s.
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His surname is pronounced "like a girl's first name", according to his niece, Jennifer Lauren.
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Born to Frank Lifshitz, an Ashkenanzi Jewish house painter, and his wife Fraydl Kotlar, he grow up in The Bronx. At the age of 16, his brother Jerry changed their name into "Lauren", while his other brother Lenny remained a "Lifshitz" for many years.
$700,000
