Net worth $600 million -American Design Giant Michael Kors’s inspiring success story.

Michael Kors (born Karl Anderson Jr.) is an American fashion designer and a popular Michael Korssportswear maker. He is best-known as being the honorary chairman and chief creative officer of his namesake company, Michael Kors Holdings Limited (KORS) which is popular                                    as a brand that makes men’s and women’s ready-to-wear accessories, footwear, jewelry and fragrance.

Early Life:—

Karl Anderson Jr. was born on August 9. 1959 in Long Island, New York, to Karl Anderson Sr., a college student from Sweden, and Joan Hamburg, a former model.

When Karl was 5 years of age his mother remarried Bill Kors and changed his last name to Kors as well. When given a choice to choose a new first name as well he chose to rename himself as Michael David Kors.

Michael grew up in Merrick, New York, and went on to graduate from the John F Kennedy High School in Bellmore, New York as well as the Fashion Institute of Technology in New York City, New York.


Michael had an hobby in designing and fashion from a very early age. At the age of five , he even redesigned his mother’s wedding ceremony dress for her 2nd marriage. He started designing and selling clothes from his parent’s basement when he was in his teens.

After dropping out of the Fashion Institute of Technology in New York he worked at a boutique wherein he was additionally allowed to sell his creations from a small counter in it. In 1981, Michael released the women’s-wear line, Michael Kors Womenswear at various famed designers including Bergdorf Goodman, Bloomingdale’s, Lord & Taylor, Saks Fifth Avenue, etc.

In 1990, Michael established the KORS Michael Kors line but had to stop it for a while after 1993 because of bankruptcy issues. In 1997, he again released a lower-priced brand this time and was chosen as the first-ever women’s ready-to-wear fashion dressmaker for the famous French fashion house Celine.

In 2003, Michael left Celine to pay attention to his very own brand Kors. In 2002, Kors released its first line of menswear. In 2004, he launched the MICHAEL Michael Kors and the KORS Michael Kors lines, which included women’s shoes and luggage in addition to ready-to-wear apparel.

In 2011, Michael celebrated the thirtieth anniversary of KORS. Michael was a judge on the Bravo Emmy-nominated reality show Project Runway. In 2014, Michael Kors’ net worth changed into predicted at around $1 billion.

In 2013, Michael was featured on The Time 100 Most Influential People’s list. The next year, in 2014, Michael was named the Out Magazine’s 2014 Power 50 List. In 2015, Michael was named the Global Ambassador Against Hunger with the aid of using the United Nations’ World Food Program.

Personal Life:—

Michael Kors is married to Lance LePere and the couple stays in their plush house in New York City.

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