Born in 1961 in Austin, Texas, Tom Ford studied art history at New York University and later architecture at Parsons School of Design in New York. Ford then moved to the Parsons campus in Paris, and while completing his senior year of architecture there, he suddenly decided to switch to fashion.

Tom Ford took a year off from school to work in the press office of French luxury fashion house Chloé in Paris. After graduating, he worked for sportswear designer Cathy Hardwick.

The first big break in Ford’s career came when he moved to Milan in 1990 and became a women’s designer for Gucci.

Speaking about this decision, in 1996, in an interview with The New York TimesFord said, “If I want to be a good designer, I have to leave America.”

He quickly rose through the ranks, becoming Design Director in 1992 and Creative Director of the brand in 1994.

At Gucci, he met his current business partner, Domenico De Sole, who was the company’s CEO at the time. In 1994, Ford was appointed Creative Director of Gucci by De Sole.

He quickly changed the fashion face of the entire brand with his signature style. His 1995 collection, featuring a series of voluptuous cut-out white dresses, became an instant hit.

He then launched a wide variety of boots and bags, velvet trousers, tight satin shirts, tight suits and even G-strings (a type of underwear).

During Ford’s tenure as Creative Director of Gucci from 1994 to 2003, Gucci’s sales grew nearly 1,200% to nearly $3 billion. Ford and De Sole oversaw Gucci’s acquisition of luxury brands, including Balenciaga and Bottega Veneta.

Ford was also responsible for the renovation of Yves Saint Laurent in the 2000s after the brand was acquired by the Gucci group. He continued to increase sales of Gucci and boost the brand’s market value to over $4 billion until the company was acquired by François Pinault’s Kering group in 1999.

In 2003, Ford left Gucci after 14 years of dedication and, according to StyleCaster, is considered the leading man to have brought Gucci’s brand value to $10 billion.

The billionaire journey of luxury fashion brand founder Tom Ford - Photo 1.

Luxury fashion brand Tom Ford’s journey to becoming a billionaire (Photo: Fade to Black Productions)

Tom Ford luxury fashion brand

In March 2005, he founded his eponymous brand – Tom Ford, which initially focused on eyewear, menswear and beauty products. He later expanded into high-end women’s wear, establishing his fashion talent at Gucci. The first Ford flagship store opened in New York in 2007.

That same year, he sold a 25% stake in the brand to Grupo Amorim for an undisclosed sum. In 2015, Amorim sold 15% to Zegna and left 10% to Tom Ford.

With the launch of its eponymous menswear brand in 2006, Ford also launched a fragrance: Black Orchid.

Shortly after, the Tom Ford Beauty line was launched in partnership with Estée Lauder in the same year. He once called Estee Lauder “an extraordinary partner from day one.”

Tom Ford has a $96 price tag to pay in Fall 2021. Hiện tom ford có 98 cửa hàng tại một số quốc gia bao gồm trung quốc, Italy, nhật bản… các loại nước hoa cấp của tom ford như black orchid v à tuscan then that ượ ượ b! can do.

In November 2022, information was revealed about the industry’s largest transfer between Tom Ford and Estée Lauder.

It is estimated that after the deal closes, Tom Ford will earn about $1.1 billion with an ownership percentage of 64% of the company’s stock, officially entering the ranks of a billionaire.

In addition to the fashion house, Tom Ford also founded the film production company Fade to Black.

In addition, Tom Ford also invests in art and real estate. In 2010, he allegedly sold a self-portrait of Andy Warhol for $32.6 million.

He also owns the 20,662-acre Cerro Pelon Ranch in New Mexico – the location of movies like Silverado and Thor. Tom Ford sold the farm on January 1, 2021 for an undisclosed sum.

Two months later, he also sold his four-storey mansion in the wealthy Chelsea district (London, England) for USD 17 million.

Source: CafeF

Source: Vietnam Insider


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