RONALD DE WAAL • Net Worth $600 Million • House • Yacht • Private Jet • WE Group

Name:Ronald de Waal
Net Worth:$600 million
Source of Wealth:WE Group
Born:February 13, 1952
Country:The Netherlands
Private Jet:Pls send a message if you have info

Who is Ronald de Waal?

Ronald de Waal, a Dutch businessman with a Belgian residence, is the force behind the renowned fashion retailer, WE Fashion. A family venture born from the entrepreneurial spirit of his grandfather, Edwin de Waal, in 1917, Ronald de Waal was born into a legacy of fashion and business acumen in February 1952.

Key Takeaways

  • Ronald de Waal is a Dutch-born businessman, known as the force behind the WE Fashion retail empire.
  • WE Fashion, originally a wholesaler, shifted its focus to retail in the 1960s, leading to significant growth and expansion across Europe.
  • Besides his fashion business, De Waal has a passion for sailing, owning the luxurious J-Class yacht Velsheda and her support vessel, the Bystander.
  • Ronald de Waal’s impressive net worth is estimated to be around $600 million.

The History and Evolution of WE Fashion

Originally, WE Fashion began as a fashion wholesaler in the early 20th century, before strategically pivoting its business model towards retail in the 1960s. Since this transformative decision, the company has flourished and grown into an established fashion brand with a strong European presence.
Today, WE Fashion boasts a strong workforce of 3,000 employees and operates 250 stores across several European countries, including the Netherlands, Germany, and France. Furthermore, all collections are exclusively designed and manufactured ‘in house’, ensuring the brand’s unique style and high-quality standards are met.

More Than Just Fashion: De Waal’s Love for Sailing

Beyond his career in the fashion industry, Ronald de Waal is a passionate sailor, as reflected in his ownership of the prestigious J-Class sailing yacht Velsheda. Accompanying Velsheda on its sea adventures is her support vessel, the Bystander, another symbol of De Waal’s maritime interests.

Assessing Ronald de Waal’s Wealth

As the successful owner of a century-old fashion enterprise and a stunning yacht, Ronald de Waal’s financial success is undeniable. Experts estimate his net worth to be around $600 million, a testament to his business acumen and strategic vision.

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Yacht Bystander Owner

Ronald de Waal

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Ronald de Waal House

Ronald de Waal Yacht

He is the owner of the yacht Bystander and the J Class sailing yacht Velsheda.

Bystander is a luxurious yacht built by JFA Yachts and designed by Rhoades Young Design.

Powered by Caterpillar engines, she can cruise at a speed of 11 knots with a max speed of 14 knots and has a range of over 3000 nm.

The Bystander Yacht can house 10 guests and a crew of 10, offering lavish accommodation facilities.