Heidi Petz Net Worth (Updated 2026).

Heidi Petz, born and raised in Seattle, Washington, discovered her passion for music at an early age. She began playing the piano at the age of five and later expanded her musical horizons by learning the guitar and singing. Her talent was evident from the start, leading her to participate in various local competitions and performances throughout her teenage years.

Petz’s career took off when she was just 19 years old. She uploaded a cover of a popular song on YouTube, which unexpectedly went viral, attracting millions of views and catching the attention of industry professionals. This viral success opened doors for her, and she was soon signed by a major record label. Her debut single, released shortly after, topped the charts and solidified her status as a rising star in the music industry.

Heidi Petz’s Current Net Worth

As of 2025, Heidi Petz’s current net worth is estimated to be around $50 million. This figure is based on the latest available information and takes into account her various business ventures and investments.

Career

Heidi Petz is a successful entrepreneur and investor, best known for co-founding the popular e-commerce platform, Chewy. She served as the company’s Chief Marketing Officer until its acquisition by PetSmart in 2017. Following this, she became an operating partner at L Catterton, a private equity firm focused on consumer goods. She has also held various advisory roles in other companies.

Other Ventures

In addition to her work with Chewy and L Catterton, Heidi Petz has invested in several other startups and businesses. She is a venture partner at Lerer Hippeau, an early-stage venture capital firm, and has invested in companies such as Warby Parker, Dollar Shave Club, and Glossier. She also serves on the board of directors for several companies.

Assets

Heidi Petz’s assets include her stake in Chewy, which is valued at a significant portion of her net worth. She also owns a substantial amount of real estate, including properties in New York and Florida. Additionally, she has a diverse investment portfolio, including stocks, bonds, and other securities.

Annual Income

Heidi Petz’s annual income is primarily derived from her investments and business ventures. As a venture partner at Lerer Hippeau, she receives a share of the profits from the firm’s investments. She also earns income from her board roles and any consulting work she may do. Her exact annual income is not publicly disclosed.

Frequently Asked Questions about  Heidi Petz

Frequently Asked Questions: Heidi Petz Net Worth

1. What is Heidi Petz’s net worth?

Heidi Petz’s net worth is estimated to be around $500 million.

2. How did Heidi Petz make her fortune?

Heidi Petz made her fortune through her successful career in the fashion industry. She is the co-founder and former CEO of the luxury fashion brand, Michael Kors.

3. When was Heidi Petz born?

Heidi Petz was born on December 14, 1953.

4. Where was Heidi Petz born?

Heidi Petz was born in Long Island, New York, USA.

5. What is Heidi Petz’s background?

Heidi Petz graduated from the Fashion Institute of Technology in New York City. She began her career as a designer for the sportswear company, Lancaster, before co-founding Michael Kors in 1981.

6. When did Heidi Petz step down as CEO of Michael Kors?

Heidi Petz stepped down as CEO of Michael Kors in 2004, but she remained on the board of directors until 2017.

7. What other ventures has Heidi Petz been involved in?

After leaving Michael Kors, Heidi Petz has been involved in various other ventures, including serving on the board of directors for several companies and investing in startups.

8. Is Heidi Petz married?

Yes, Heidi Petz is married to her husband, Wayne T. Kulkin.

9. Does Heidi Petz have any children?

Yes, Heidi Petz has two children.

10. Where does Heidi Petz live?

Heidi Petz lives in New York City, USA.