Tommy Hilfiger Net Worth: How Rich Is The Fashion Designer In 2023?

An American clothes designer named Tommy Hilfiger. At the age of 18, he began his career in fashion by purchasing jeans and altering them to sell at a shop in his hometown.

He eventually created his own boutique, The People’s Place, and in 1985, he founded the Tommy Hilfiger Corporation with support from the Murjani Group.

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Tommy Hilfiger Net Worth

Tommy Hilfiger Net Worth is $450 Million as of this writing. On March 24, 1951, in Elmira, New York, Thomas Jacob Hilfiger was given the name Tommy. His father, Richard, was a watchmaker, while his mother, Virginia, worked as a nurse. Tommy claims to be a direct descendant of poet Robert Burns and grew up in a Catholic home with 8 siblings.

While he was younger, Hilfiger exhibited an interest in fashion, sports, and the music industry. He attributes this to his parents, who instilled in him the value of compassion and hard work. Tommy attended the Greater Southern Tier BOCES Bush Campus for a brief time before graduating from high school at the Elmira Free Academy.

Tommy Hilfiger Career

In the summer of 1969, Hilfiger worked in a clothing store on Cape Cod. Two years later, with just $150, he launched People’s Place, a clothes boutique in downtown Elmira. Although he initially stocked the store with fashionable items from New York City, he soon started creating his own outfits.

Tommy started taking management courses when he opened a few additional People’s Place stores, but the chain filed for bankruptcy in 1977. He relocated to New York City and worked for a couple of fashion companies before founding Tommy Hill in 1979. After hiring Tommy and his wife Susie to do their designing, Jordache sacked them after a year.

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Tommy Hilfiger Work In Charity

The Tommy Hilfiger Corporate Foundation was established by Hilfiger in 1995; it supported organizations that aided American at-risk youngsters. In addition to supporting Autism Speaks and the MLK, Jr. National Memorial Project Foundation, he was a supporter of LIFEbeat – The Music Industry Fights AIDS in 1998.

The Camp Pioneer program at The Fresh Air Fund was renamed “Camp Tommy” in 1999, and Tommy has served on the board of directors of that organization. Since 2008, he has created limited-edition handbags for Breast Health International, with a part of the sales going to the organization’s Fund for Living program.

Tommy Hilfiger Individual Life

Tommy and Susan Cirona were married in 1980 after they first connected in 1976 when she began working at his Ithaca People’s Place business. They had four children together—Ally, Richard, Elizabeth, and Kathleen—before getting divorced in 2000. Sebastian was born in 2009 after Hilfiger wed Dee Ocleppo in December 2008.

Tommy Hilfiger Honors And Awards

The Parsons School of Design’s Designer of the Year Award (1998), “GQ” magazine’s Designer of the Year Award (in their 1998 “Men of the Year” issue), “Marie Claire” magazine’s Lifetime Achievement Award (2009), and the Council of Fashion Designers of America’s Geoffrey Beene Lifetime Achievement Award are just a few of the accolades that Hilfiger has received for his career in fashion (2012).

Tommy has also received recognition for his charitable endeavors, including the 2006 Peter J. Gomes Humanitarian of the Year Award from the Harvard Foundation, the 2006 Visionary Award from the We Are Family Foundation, and the 2006 UNESCO Support Award (2009).

Actual Estate Of Tommy Hilfiger

New York: In 2008, Hilfiger spent $25.5 million on a penthouse at the Plaza Hotel in New York. Soon after, he put it back on the market with a $50 million asking price.

At this moment, he had not yet located a buyer. He listed the apartment for $80 million in 2013. In 2019, he eventually sold the house for $33.25 million, 11 years after it first on the market.

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