The Lauren family

Ralph Lauren, born in 1939 with the name Ralph Lifshitz, is a renowned fashion designer and business executive. In 1967, he established Ralph Lauren Corporation, a global multibillion-dollar enterprise that sells high-end men's, women's and children's apparel, accessories, fragrances and home furnishings to customers worldwide. As of September 2012, Forbes estimates his wealth at $7 billion dollars, making Ralph Lauren the 191st richest person in the world.