2 posts tagged "Forbes"
Tory Burch: Bona Fide Billionaire
2013 is looking rosy for reigning queen of prep Tory Burch. On New Year’s Day, news broke that she had settled the seemingly never-ending legal battle royal with ex-husband Chris Burch. And today, Forbes announced that this very settlement—or, specifically, Chris Burch’s move to sell his 28.3% stake in Tory Burch LLC—has helped make Ms. Burch a Billionairess. According to Forbes, Tory’s stake in her company is now worth at least one billion dollars (or, if you’re tabulating in Burchier ways, think about 5,128,205 pairs of Revas). The Upper East Side favorite will join the likes of Oprah Winfrey and Meg Whitman on the 2013 Forbes World’s Billionaires list, out this March.
The Most Powerful of Them All
The Costume Institute at the Met earlier this year celebrated two of fashion’s female greats: Miuccia Prada and Elsa Schiaparelli. It was indeed a great triumph for powerful ladies in all fields. The annual Forbes list of the 100 most powerful women in the world, out today, honors Prada and a few other stylish women with the attention they so deserve. No surprise here, but CFDA president Diane von Furstenberg came in at number 33, above one of fashion’s other most powerful ladies, Anna Wintour (#51). Joining them are fashion favorites like Michelle Obama, Lady Gaga, Gisele Bündchen, Queen Elizabeth II, Beyoncé, and J. Lo. Click here to see the full list. Honorable mention goes to power women in the making including Kate Middleton (you can’t win everything; sorry, Kate), Girls‘ Lena Dunham, Jennifer Lawrence, and Spanx creator Sarah Blakely. Maybe next year, ladies.