Calvin Klein Person Net Worth (Updated 2025).
Calvin Klein, born in 1942, began his career in the fashion industry at the young age of 19. He started as a designer for the coats and suits department at a New York City clothing manufacturer.
In 1968, Klein launched his own company, Calvin Klein Ltd., with a $10,000 loan from his parents. His first collection, a line of coats and dresses, was an instant success, catching the attention of the fashion world and setting the stage for his future fame.
Calvin Klein’s Current Net Worth (2025)
As of 2025, Calvin Klein’s estimated net worth is $700 million. This significant wealth is primarily attributed to his iconic fashion brand, Calvin Klein Inc., which he co-founded in 1968. The brand’s success in the global fashion industry has been a major contributing factor to his net worth.
Career
Calvin Klein’s career in the fashion industry spans over five decades. He co-founded his namesake brand in 1968, initially focusing on coats and suits for women. The brand’s breakthrough came in the late 1970s with its signature jeans, which became a global sensation. Klein’s innovative marketing strategies, such as using celebrities like Kate Moss and Mark Wahlberg in provocative advertising campaigns, further propelled his brand’s success.
Other Ventures
Besides his eponymous fashion brand, Calvin Klein has also ventured into other business areas. In 1982, he launched CK One, one of the first unisex fragrances, which became a cultural phenomenon. He has also expanded into home goods, eyewear, and accessories. Klein sold his majority stake in Calvin Klein Inc. to Phillips-Van Heusen in 2003, but he remained the brand’s creative director until his retirement in 2004.
Assets
Calvin Klein’s assets include his luxurious homes in the Hamptons and New York City, as well as his extensive art collection. He is known for his philanthropic efforts, having donated millions to various causes, including AIDS research and LGBTQ+ rights. Klein’s fashion legacy continues to influence the industry, with his brand’s minimalist aesthetic and provocative marketing tactics remaining relevant today.
Annual Income
While the exact figure of Calvin Klein’s annual income is not publicly disclosed, it is estimated to be in the tens of millions of dollars. This is primarily due to his stake in Calvin Klein Inc., which continues to generate significant revenue. Additionally, Klein’s involvement in various business ventures and his brand’s enduring popularity contribute to his substantial annual income.
Frequently Asked Questions about Calvin Klein Person
**Frequently Asked Questions**
1. Who is Calvin Klein?
Calvin Klein is an American fashion designer and former CEO of his namesake company, Calvin Klein Inc.
2. When was Calvin Klein born?
Calvin Klein was born on November 19, 1942.
3. Where was Calvin Klein born?
Calvin Klein was born in the Bronx, New York City, New York, USA.
4. What is Calvin Klein’s net worth?
Calvin Klein’s net worth is estimated to be around $700 million.
5. How did Calvin Klein start his fashion career?
Calvin Klein started his fashion career in the late 1960s, designing sportswear for other companies before launching his own label in 1968.
6. What are some of Calvin Klein’s most iconic designs?
Some of Calvin Klein’s most iconic designs include his minimalist underwear ads, the ‘CK’ logo, and his signature jeans.
7. Who are some celebrities that have modeled for Calvin Klein?
Celebrities who have modeled for Calvin Klein include Mark Wahlberg, Kate Moss, Kendall Jenner, and Justin Bieber, among many others.
8. When did Calvin Klein retire?
Calvin Klein retired from his company in 2002, although he remained as a consultant until 2003.
9. What happened to Calvin Klein after his retirement?
After his retirement, Calvin Klein focused on his philanthropic efforts and continued to be involved in the art world.
10. Is Calvin Klein still alive?
Yes, Calvin Klein is still alive as of 2021.