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1. • Tom Ford has officially reached billionaire status

     

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     • Tom Ford has officially reached billionaire status after beauty giant Estée Lauder acquired the designer’s fashion brand in a $2.8 billion deal.
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     Tom Ford becomes a billionaire after selling fashion brand to ...

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   Is Tom Ford a billionaire?

   • Link Copied! A blockbuster deal to sell his eponymous fashion brand has catapulted fashion designer Tom Ford into the global billionaires club. Ford, 61, who launched The Tom Ford Brand in 2005 and grew it into a luxury clothing and accessories powerhouse, sold his company Tuesday to Estée Lauder Companies (EL) in a deal valued at $2.8 billion.

   Tom Ford is a newly minted billionaire, thanks to the $2.8B ... - CNN

   www.cnn.com/2022/11/16/business/estee-lauder-tom-ford-acquisition-intl-hnk/index.html

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   Did Estée Lauder make Tom Ford a billionaire?

   • Estée Lauder’s agreement to acquire fashion firm Tom Ford appears to have made its founder a new billionaire. The cosmetics giant announced on Tuesday it was purchasing the fashion brand for $2.3 billion in cash and debt, plus $300 million in deferred payments that would be paid out beginning in July 2025.

   Tom Ford’s $2.8 Billion Deal To Sell His Fashion Brand To

   www.forbes.com/sites/giacomotognini/2022/11/15/tom-fords-28-billion-deal-to-sell-his-fashion-brand-to-estee-lauder-makes-him-a-billionaire/

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   Will Ford become a billionaire?

   • But that’s small fry. Now, the Estee Lauder acquisition will put Ford, 61, officially at billionaire status, The New York Times reports. The French cosmetic giant said it would be purchasing the American brand for US$2.3 billion in cash and debt along with US$300 million in deferred payments starting July 2025.

   How Tom Ford built a billion-dollar brand – and empire

   www.scmp.com/magazines/style/celebrity/article/3200146/how-tom-ford-built-billion-dollar-brand-us28-billion-estee-lauder-buyout-adds-zeros-his-net-worth

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   How rich is Tom Ford?

   • One of Tom Ford’s last solo outings, presenting his spring/summer 2023 collection during New York Fashion Week in September 2022. Photo: Reuters So how rich is he really? According to a 2021 annual report, Tom Ford raked in a US$96 million profit on US$1.7 billion in sales for the year. But that’s small fry.

   How Tom Ford built a billion-dollar brand – and empire

   www.scmp.com/magazines/style/celebrity/article/3200146/how-tom-ford-built-billion-dollar-brand-us28-billion-estee-lauder-buyout-adds-zeros-his-net-worth

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3. www.forbes.com › sites › giacomotogniniTom Ford’s $2.8 Billion Deal To Sell His Fashion Brand To ...

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   Nov 16, 2022 · Estée Lauder’s agreement to acquire fashion firm Tom Ford appears to have made its founder a new billionaire. The cosmetics giant announced on Tuesday it was purchasing the fashion brand for...

4. www.cnn.com › 2022/11/16 › businessTom Ford is a newly minted billionaire, thanks to the $2.8B ...

   www.cnn.com › 2022/11/16 › business

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   Nov 16, 2022 · A blockbuster deal to sell his eponymous fashion brand has catapulted fashion designer Tom Ford into the global billionaires club. Ford, 61, who launched The Tom Ford Brand in 2005 and...

   • Author: Michelle Toh

   • Video Duration: 8 min

5. www.forbes.com › profile › tom-ford-1Tom Ford - Forbes

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   2 days ago · Tom Ford is a fashion designer who founded his eponymous brand Tom Ford International in 2005. He sold his stake in the company, plus a separate fragrance and cosmetics business, to Estée Lauder...

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7. www.independent.co.uk › life-style › fashionTom Ford becomes a billionaire after selling fashion brand to ...

   www.independent.co.uk › life-style › fashion

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   Nov 18, 2022 · Tom Ford has officially reached billionaire status after beauty giant Estée Lauder acquired the designer’s fashion brand in a $2.8 billion deal.

8. www.nytimes.com › estee-lauder-tom-fordEstée Lauder Agrees to Buy Tom Ford Brand in $2.8 Billion Deal

   www.nytimes.com › estee-lauder-tom-ford

   Nov 15, 2022 · Tom Ford — designer, film director, art collector and fashion world provocateur — can now add one more accolade to his list: billionaire. On Tuesday, Estée Lauder announced it had agreed to buy his...

9. www.scmp.com › magazines › styleHow Tom Ford built a billion-dollar brand: the US$2.8 billion ...

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   Nov 19, 2022 · Estée Lauder’s US$2.8 billion purchase of Tom Ford makes the namesake fashion designer a billionaire – but he didn’t build the era-defining brand overnight

10. www.ft.com › content › 93270c30-355c-439b-8aa4-376Tom Ford, fashion designer prepares for a lucrative exit

    www.ft.com › content › 93270c30-355c-439b-8aa4-376

    Nov 19, 2022 · The sale is poised to make a billionaire of 61-year-old Ford, who made his name transforming a near bankrupt Gucci into a fashion powerhouse before launching his eponymous company in 2005....