Linda Bean Net Worth (Updated 2025).

Linda Bean, a prominent figure in the American retail industry, began her career in the early 1960s, initially working at her family’s small shoe store in Maine. Born into a family with a rich history in the shoe business, Linda’s passion for footwear was ignited at a young age, and she quickly rose through the ranks to become a key player in the company’s operations.

Her breakthrough came in the late 1970s when she introduced a new line of casual shoes, targeting a younger demographic. This innovative move proved to be a game-changer, catapulting Linda Bean’s Maine Lobster into the national spotlight. The brand’s unique combination of high-quality materials, classic design, and a touch of Maine’s coastal charm resonated with customers, making it a staple in American wardrobes.

Linda Bean’s Current Net Worth (2025)

As of 2025, Linda Bean’s estimated net worth is $1.2 billion, according to Forbes. This significant wealth is primarily attributed to her substantial stake in L.L.Bean, the iconic outdoor retailer founded by her grandfather.

Career

Linda Bean, a member of the L.L.Bean founding family, has been instrumental in the company’s growth. She started working at L.L.Bean in 1969, eventually becoming the company’s first female executive. Linda served as the company’s president from 1991 to 2001, overseeing its expansion into international markets and e-commerce.

Other Ventures

Besides her involvement with L.L.Bean, Linda Bean has also ventured into other business endeavors. She founded Linda Bean’s Maine Kitchen & Topside Restaurant in Boothbay Harbor, Maine, and Linda Bean’s Perfect Maine Lobster, a company that ships lobster products nationwide. Additionally, she has invested in real estate, including properties in Maine and Florida.

Assets

Linda Bean’s assets include a significant stake in L.L.Bean, valued at over $1 billion. She also owns several properties, including a 200-acre estate in Maine and a waterfront home in Florida. Linda’s art collection, featuring works by prominent American artists, is another notable asset.

Annual Income

While Linda Bean’s exact annual income is not publicly disclosed, her compensation as an L.L.Bean board member has been reported. In 2020, she received $360,000 in total compensation, including salary and other forms of compensation. This figure may not fully represent her total annual income, as it does not account for her other business ventures and investments.

Frequently Asked Questions about  Linda Bean

Frequently Asked Questions: Linda Bean Net Worth

1. What is Linda Bean’s net worth?

Linda Bean’s net worth is estimated to be around $150 million.

2. How did Linda Bean make her fortune?

Linda Bean inherited her wealth from her father, Leon Bean, who founded L.L.Bean, the popular outdoor clothing and equipment retailer.

3. What is Linda Bean’s role in L.L.Bean?

Linda Bean serves on the board of L.L.Bean and is involved in the company’s operations. She is also the chair of the L.L.Bean Outdoor Discovery Schools.

4. Is Linda Bean married?

Yes, Linda Bean is married to Thomas K. Perkins, a venture capitalist.

5. Does Linda Bean have any children?

Yes, Linda Bean has two children from her previous marriage.

6. Where does Linda Bean live?

Linda Bean lives in both Maine and California.

7. What are Linda Bean’s political affiliations?

Linda Bean is a Republican and has been involved in political campaigns and fundraising.

8. What is Linda Bean’s involvement in philanthropy?

Linda Bean is involved in various philanthropic efforts, including supporting education, healthcare, and environmental conservation initiatives.

9. What is Linda Bean’s age?

Linda Bean was born on December 15, 1951, making her 70 years old.

10. What are some of Linda Bean’s hobbies and interests?

Linda Bean is an avid outdoorswoman and enjoys activities such as hiking, skiing, and sailing. She is also a passionate art collector.