ECONOMY & WORK
MONEY 101
NEWS
PERSONAL FINANCE
NET WORTH
About Us Contact Us Privacy Policy Terms of Use DMCA Opt-out of personalized ads
© Copyright 2023 Market Realist. Market Realist is a registered trademark. All Rights Reserved. People may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.
MARKETREALIST.COM / NET WORTH

What Is Fashion Icon Calvin Klein's Net Worth?

Discover the incredible journey of fashion mogul Calvin Klein, from his groundbreaking designs to his mind-boggling net worth.
PUBLISHED OCT 11, 2023
Calvin Klein attends the VIP reception and viewing for The Fashion World of Jean Paul Gaultier | Getty Images | Photo by Ilya S. Savenok
Calvin Klein attends the VIP reception and viewing for The Fashion World of Jean Paul Gaultier | Getty Images | Photo by Ilya S. Savenok
Name  Calvin Klein
Net Worth $700 Million
Annual Income $100 Million
Sources of Income Business and Fashion designing
Gender Male
Date of Birth November 19, 1942  
Age 80 Years
Nationality United States of America
Profession Businessperson, Fashion designer

Calvin Klein, the celebrated American fashion designer, has accumulated an estimated net worth of $700 million. His enduring impact on the fashion world, complemented by the immense success of his eponymous brand, has been the driving force behind his impressive wealth. Klein also made one cameo appearance in "30 Rock", season 3 episode 15, in an episode called "The Bubble." A fictionalized version of Klein was written into "Seinfeld", season 4 episode 13, "The Pick."

Calvin Klein takes part in 'SiriusXM's Town Hall | Getty Images | Photo by Cindy Ord
Calvin Klein takes part in 'SiriusXM's Town Hall | Getty Images | Photo by Cindy Ord

Calvin Klein's diverse sources of income stem primarily from his eponymous brand, Calvin Klein, Inc. The brand encompasses an extensive array of fashion and lifestyle products, ranging from clothing to accessories, fragrances, and more.

Calvin Klein attends The Abbey 30th Anniversary Ceremony | Getty Images | Photo by Rodin Eckenroth
Calvin Klein attends The Abbey 30th Anniversary Ceremony | Getty Images | Photo by Rodin Eckenroth

Klein's foray into fragrance design, marked by iconic scents like Obsession, Eternity, and Escape, has proven to be exceptionally lucrative, with provocative advertising campaigns that garnered global attention. Furthermore, the brand's expansion into various product categories, including denim, underwear, swimwear, eyewear, and accessories has further bolstered its profitability and Calvin Klein's wealth.



 

 

Calvin Klein's annual earnings are estimated at around $100 million. The majority of his income is derived from his eponymous fashion brand, with substantial contributions from various product lines, including clothing, watches, jewelry, and fragrances. Notably, his underwear collection alone generates a substantial income, bringing in approximately $70 million annually. Retail sales further bolster his earnings, with a total of $600 million attributed to this source. In sum, his brand's popularity and high-demand products have contributed to an impressive income, enabling him to lead a lifestyle of his choosing.

Calvin Klein attends ACRIA's 22nd annual holiday dinner at Cipriani 25 Broadway | Getty Images | Photo by John Lamparski
Calvin Klein attends ACRIA's 22nd annual holiday dinner at Cipriani 25 Broadway | Getty Images | Photo by John Lamparski

Calvin Klein's real estate portfolio includes several impressive properties. In 1987, he acquired an oceanfront mansion in East Hampton for $3.6 million. This historic property, dating back to the 1890s, was sold by Klein in July 2021 for a staggering $85 million, situated on an expansive 8.5-acre estate. In 2003, Klein invested $30 million in an oceanfront property in Southampton, where he demolished the existing structure to create a modern and substantial mansion. In February 2020, he successfully sold this distinctive property to hedge fund billionaire Ken Griffin for $84 million. In July 2000, Calvin Klein purchased a luxurious 12,000 square-foot, three-floor penthouse in New York City's West Village neighborhood for $14 million, adding to his prime real estate assets. Furthermore, in 2015, he acquired a newly constructed mansion in the hills above Los Angeles' Sunset Strip, spanning 9,000 square feet and enhancing his impressive real estate portfolio.

Instagram 24.8 Million followers
Facebook 14 Million likes
Twitter  4.1 Million followers
Donna Karan and Calvin Klein attend Bloomberg Businessweek's 85th Anniversary Celebration | Getty Images | Photo by Kevin Mazur
Donna Karan and Calvin Klein attend Bloomberg Businessweek's 85th Anniversary Celebration | Getty Images | Photo by Kevin Mazur

Calvin Richard Klein was born on November 19, 1942, in the Bronx, New York. From an early age, while his peers engaged in typical childhood activities, Klein was busy studying, sketching fashion designs, and learning the art of sewing. Calvin Klein has been married twice. He was first married to textile designer Jayne Centre in 1964, and they divorced in 1974. They have a daughter, Marci Klein, who is a notable producer associated with "Saturday Night Live" and "30 Rock." Klein's second marriage was to his assistant, Kelly Rector, in 1986, but they separated in 1996. Their divorce was finalized in April 2006.

Klein has openly discussed his relationships with both women and men and does not align with a specific label regarding his sexual orientation. Klein has faced personal challenges related to substance abuse and completed rehab programs to address his struggles. As an active supporter and frequent donor to the Democratic Party, Klein has leveraged his wealth and influence to contribute to political causes.



 

Calvin Klein has been recognized with several prestigious awards, including three Coty Awards. He has received the Council of Fashion Designers of America (CFDA) Award on multiple occasions, including in 1982, 1983, 1986, and 1993, acknowledging his significant contributions to the fashion industry. Klein also made cameo appearances in TV shows like "30 Rock" and was humorously depicted in "Seinfeld."

When was the first unisex fragrance by Calvin Klein introduced?

The first unisex fragrance, CK One, was launched in 1994.

What is Calvin Klein's family background?

Calvin Klein belongs to a Jewish-Hungarian immigrant family.

When was Calvin Klein acquired by Phillips Van Heusen (PVH)?

The company Calvin Klein was acquired by PVH in December 2012 for $400 million in cash and $30 million in stock for the acquisition, along with rights, royalties, and incentives to Calvin Klein.

MORE ON MARKET REALIST
The man who announced his retirement after the 2023 season was first introduced on television by Oprah.
3 days ago
Nicholas Puech, who owned a 5.7% stake in the luxury brand, has claimed he has nothing left in bank.
6 days ago
Pat Sajak has also bagged roles in movies and appeared as a guest host on other game shows.
Nov 20, 2024
The legendary lead vocalist of the celebrated rock band U2 has built a vast empire and is now the second richest rockstar on the planet.
Oct 3, 2024
Trump's impressive car collection includes McLaren Mercedes SLR, Rolls-Royce, and even an exclusive Cadillac.
Sep 27, 2024
The nursing student from Georgia found his trading account balance rise to a whopping $1,309,245,148,628.7
Sep 26, 2024
Is it surprising that the billionaire isn't a frequent shopper at the grocery store?
Aug 31, 2024
The pay gap led to her passing over the role and it ultimately went to a newcomer.
Aug 20, 2024
American businessman Charles Francis Feeney was called the "James Bond of Philanthropy" by Forbes.
Aug 14, 2024
Swift's partner Travis Kelce is estimated to be worth $70 million and the cat is richer than him
Aug 5, 2024
He spent his teenage years earning just $1 per hour by offering tourist tours
May 14, 2024
The rapper earns primarily from album and mixtape sales, endorsements, concerts, tours, live performances, and shows.
May 3, 2024
From real estate mavens and fashion PR queens to content creators and resilient entrepreneurs, these women bring a diverse range of experiences to RHONY.
Apr 27, 2024
For two years, soaring inflation eroded most workers' wage gains but recent data from the Bureau of Labor Statistics suggests that the tide is turning.
Apr 7, 2024
From global show to international tours, delve into the singing maestro Taylor Henderson's net worth
Apr 7, 2024
Today, many artists don't limit themselves to one art form but expand by launching their fashion lines or tieing up with charitable organizations
Mar 24, 2024
Take a look at how the financial maestro Carlos Slim Helubuild himself and his generations a legacy
Mar 24, 2024
These changes represent significant adjustments to the program, impacting millions of recipients across the United States.
Mar 16, 2024
Corporate brands usually rely on popular software to smooth operations but major software malfunctions have also spelled disaster for companies and consumers.
Mar 10, 2024