Abercrombie & Fitch, the renowned American retailer, was founded in 1892 by David T. Abercrombie in New York City. Initially, it was an exclusive sporting goods store, catering to the elite outdoor enthusiasts of the time. The company’s reputation for high-quality, durable products grew steadily, attracting a loyal customer base.

In the 1980s, Mike Jeffries, then the CEO, transformed Abercrombie & Fitch into a lifestyle brand, targeting a younger demographic with its casual clothing and accessories. This strategic shift was marked by the iconic “A&F” logo, bold marketing campaigns, and the introduction of the brand’s signature scent, Fierce. The company’s aggressive expansion into malls and its focus on creating a strong brand identity catapulted Abercrombie & Fitch to fame, making it a staple in American fashion and popular culture.

Abercrombie’s Net Worth in 2025

As of 2025, Mike Jeffries, the former CEO of Abercrombie & Fitch, has an estimated net worth of $400 million, according to Forbes. This figure is based on the latest available information and reflects his earnings from his time at the company and other ventures.

Career

Mike Jeffries served as the CEO of Abercrombie & Fitch from 1992 to 2014. Under his leadership, the company grew from a small, struggling retailer to a global fashion powerhouse with over 1,000 stores worldwide. He was known for his bold marketing strategies and transformed the brand into a symbol of youth culture.

Other Ventures

After leaving Abercrombie & Fitch, Jeffries has been involved in several other ventures. He served as an advisor to the private equity firm Advent International and has invested in various startups in the retail and technology sectors. He also sits on the board of directors for several companies, including Lululemon Athletica.

Assets

Jeffries’ assets include a significant stake in Abercrombie & Fitch, as well as real estate holdings in various locations across the United States. He also owns a collection of luxury cars, including a Rolls-Royce Phantom and a Ferrari 458 Italia. His primary residence is a sprawling estate in Atherton, California, valued at over $20 million.

Annual Income

As of 2025, Jeffries’ annual income is estimated to be around $20 million. This includes his earnings from his stake in Abercrombie & Fitch, his investments, and his work as an advisor and board member for various companies. However, this figure can fluctuate based on the performance of his investments and any new ventures he may pursue.

Frequently Asked Questions about  Abercrombie

What is Abercrombie’s net worth?

Abercrombie & Fitch Co.’s net worth is estimated to be around $3.5 billion.

Who is the CEO of Abercrombie?

Fran Horowitz is the current CEO of Abercrombie & Fitch Co.

When was Abercrombie founded?

Abercrombie & Fitch was founded in 1892.

Where is Abercrombie headquarters located?

Abercrombie & Fitch Co. is headquartered in New Albany, Ohio.

How many stores does Abercrombie have?

As of 2021, Abercrombie & Fitch Co. operates approximately 850 stores worldwide.

What are the different brands under Abercrombie?

Abercrombie & Fitch Co. operates three primary brands: Abercrombie & Fitch, Hollister, and abercrombie kids.

Is Abercrombie a public company?

Yes, Abercrombie & Fitch Co. is a publicly traded company on the New York Stock Exchange (NYSE) under the ticker symbol ANF.

What is Abercrombie’s revenue?

Abercrombie & Fitch Co.’s annual revenue is approximately $3.5 billion.

Where can I find Abercrombie’s financial reports?

You can find Abercrombie & Fitch Co.’s financial reports and filings on the U.S. Securities and Exchange Commission (SEC) website or on the company’s investor relations page.

What is Abercrombie’s market capitalization?

Abercrombie & Fitch Co.’s market capitalization is around $2.5 billion.