Ralph Lauren

From the Bronx to Defining American Style

business creative
Ralph Lauren

Net Worth

$7B

Born

October 14, 1939 (age 86)

Country

United States

Occupation

Fashion Designer, Founder of Ralph Lauren Corporation

Gender

male

Generation

Silent Generation

Marital Status

married

Children

3

Single Parent Household

No

Education

College Dropout

University

Baruch College

Industries

business, creative

Wealth Category

billionaire

Wealth Origin

self-made

First-Gen Wealth

Yes

Immigrant

Yes

Overcame

  • Born to immigrant parents with limited means
  • Changed name from Lifshitz due to bullying
  • Dropped out of college with no fashion training
  • Early business partners took advantage of him
  • Faced skepticism from fashion establishment

Ralph Lauren is the founder of the Ralph Lauren Corporation, a global fashion empire that defined American preppy style. Born Ralph Lifshitz to immigrant parents in the Bronx, he built a multi-billion dollar brand selling not just clothes but a lifestyle—the world of country clubs, polo matches, and WASPy elegance. His Polo brand became one of the most recognizable fashion labels in history.

Career Timeline

1939

Born in the Bronx, New York as Ralph Lifshitz

1955 Age 16
Turning Point

Changed last name to Lauren

1957 Age 18

Enrolled at Baruch College

1959 Age 20
Turning Point

Dropped out of college; served in Army Reserve

1964 Age 25
Milestone

Married Ricky Anne Loew-Beer

1966 Age 27
Turning Point

Started designing ties while working at Brooks Brothers

1967 Age 28
Milestone

Launched Polo label with wide ties

1968 Age 29
Milestone

Got first major order from Neiman Marcus

1971 Age 32
Milestone

Opened first Polo store in Beverly Hills

1972 Age 33
Achievement

Launched classic Polo shirt with pony logo

1974 Age 35
Achievement

Designed costumes for 'The Great Gatsby' film

1977 Age 38
Achievement

Designed costumes for 'Annie Hall'

1983 Age 44
Milestone

Introduced Home Collection for home furnishings

1985 Age 46
Milestone

Restored and opened Rhinelander Mansion flagship store

1986 Age 47
Setback

Underwent surgery to remove brain tumor

1992 Age 53
Milestone

Launched Polo Sport activewear line

1997 Age 58
Milestone

Ralph Lauren Corporation went public

2000 Age 61
Achievement

Established Ralph Lauren Cancer Center in Harlem

2014 Age 75
Achievement

Supplied uniforms for US Olympic and Paralympic teams

2015 Age 76
Turning Point

Stepped down as CEO; became executive chairman

Notable Quotes

"I don't design clothes. I design dreams."

— Interview, 2002

"People ask how I got into fashion. I didn't. I got into lifestyle."

— Interview, 2010

"I've always believed that style was more important than fashion."

— Interview, 1998

"It's the kind of clothes that mothers and daughters can wear, in terms of concept. It's about sharing."

— Interview, 2005

"I want the things around me to be beautiful and to have meaning. I think that's what luxury is."