TOMMY HILFIGER • Net Worth $400 million • House • Yacht • Private Jet • Fashion Design

Name:Thomas Hilfiger
Net Worth:$400 million
Source of Wealth:Tommy Hilfiger Corporation
Born:March 24, 1951
Wife:Dee Ocleppo
Children:Ally Hilfiger, Richard Hilfiger, Sebastian Thomas Hilfiger, Elizabeth Hilfiger, Kathleen Hilfiger
Residence:Greenwich, CT, USA
Private Jet:Dassault Falcon 900 (N818TH)

Who is Thomas Hilfiger?

Thomas Hilfiger, born in 1951, is a renowned fashion designer and the founder of the Tommy Hilfiger Corporation. Married to Dee Ocleppo, he has five children: Ally, Richard, Sebastian Thomas, Elizabeth, and Kathleen Hilfiger.

Early Career and Menswear Design

Hilfiger began his career designing menswear in the 1970s before expanding into women’s clothing and other luxury items such as perfumes. His company has evolved from a simple clothing store into a complete lifestyle brand. Hilfiger is celebrated as a pioneer of the “Classic American Cool” style.

Company Expansion and Partnerships

In 1992, the Tommy Hilfiger Corporation was stock-listed, with business partner Lawrence Stroll being an early investor and amassing a fortune, as did Hilfiger himself. In 1995, Hilfiger was named Menswear Designer of the Year.
In 2005, the company was sold to private investment firm Apax Partners for US$ 1.6 billion. By 2010, PHV acquired the Hilfiger brand, adding it to their portfolio which also includes Calvin Klein and Arrow.

Principal Designer and Industry Influence

Although believed to have sold all his shares, Hilfiger remains the company’s principal designer and leads the design teams. He is also a member of the Council of Fashion Designers.
Hilfiger has been a fashion consultant on the American Idol talent show. His wife Dee Ocleppo is a fashion designer and entrepreneur, and his daughter Ally Hilfiger was featured in the MTV TV show Rich Girls.

Hilfiger Ventures and Collaborations

In 2016, Hilfiger collaborated with model Gigi Hadid on clothing designs, launching the TommyXGigi clothing collection. He has also written books and served as a judge in TV productions.
In 2005, a CBS reality show called The Cut followed the journey of sixteen contestants competing for a design job with Hilfiger and their own fashion line under his label.

Thomas Hilfiger’s Net Worth

Thomas Hilfiger’s net worth is estimated at $400 million. His assets include a large yacht named Flag, a Dassault Falcon business jet, and a large real estate portfolio.

Philanthropy and Community Involvement

Hilfiger is an active philanthropist through his Tommy Cares Foundation. The foundation concentrates on youth, health, education, and culture initiatives, with Hilfiger donating more than US$ 1 million per year.

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Tommy Hilfiger

Thomas Hilfiger

Thomas Hilfiger House

Hilfiger Yacht Flag

He is the owner of the Feadship yacht Flag, which he named after his company’s logo.

The yacht Flag was launched in 2000 by Feadship (Royal Van Lent). She is built from steel. With an aluminum superstructure. Flag can accommodate 14 guests in 7 cabin. She has a crew of 17.

She is powered by 2 Caterpillar engines. Which bring her a maximum speed of 16 knots. Her cruising speed is 15 knots. She has a range of more than 3,000nm.