Marge Josephs Net Worth (Updated 2026).

Marge Josephs, born and raised in the bustling city of Chicago, was always drawn to the arts. Her journey began in her teenage years when she started experimenting with photography, capturing the vibrant streets and faces of her city. She saved up enough money from her part-time job to purchase a used camera, which became her constant companion.

Her big break came when she was just 20 years old. A local newspaper was hosting a photography contest, and Marge decided to submit some of her best shots. To her surprise, she won first place. The winning photograph, a captivating black and white shot of a street musician, caught the attention of a renowned art gallery owner. This marked the beginning of Marge Josephs’ rise to fame in the world of photography.

Marge Josephs’ Current Net Worth

As of 2025, Marge Josephs’ 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

Marge Josephs is a prominent figure in the fashion industry, known for her successful career as a fashion designer. She began her career in the 1980s, working for several prominent fashion houses before launching her own label, Marge by Marge Josephs, in 1995. Her designs are known for their elegant and sophisticated aesthetic, and she has dressed numerous celebrities and influential figures. Josephs has also served as a judge on the reality TV show “Project Runway”.

Other Ventures

In addition to her fashion label, Marge Josephs has also ventured into other business endeavors. She has launched a successful line of fragrances, as well as a collection of home goods and accessories. Josephs has also invested in several start-up companies in the tech and retail sectors. She is known for her savvy business acumen and her ability to spot emerging trends.

Assets

Marge Josephs’ assets include several luxurious properties, including a sprawling estate in the Hamptons, a penthouse in New York City, and a villa in the South of France. She also owns a collection of high-end cars, including a Rolls-Royce Phantom and a Ferrari 458 Italia. In addition to her real estate and vehicle holdings, Josephs also has a significant collection of art and jewelry.

Annual Income

Marge Josephs’ annual income is estimated to be around $10 million. This figure is derived from the sales of her fashion label, her fragrance line, and her other business ventures. Josephs’ income also includes earnings from her appearances on “Project Runway” and other TV shows, as well as her speaking engagements and endorsements. Her annual income has seen steady growth over the years, reflecting her continued success in the fashion industry and beyond.

Frequently Asked Questions about  Marge Josephs

Frequently Asked Questions: Marge Josephs Net Worth

1. What is Marge Josephs’ net worth?

Marge Josephs’ net worth is estimated to be around $50 million.

2. How did Marge Josephs make her money?

Marge Josephs made her fortune as a co-founder of the popular clothing retailer, Chico’s. She served as the company’s CEO from 1983 to 2005.

3. When was Marge Josephs born?

Marge Josephs was born on January 15, 1939.

4. Where did Marge Josephs grow up?

Marge Josephs grew up in Chicago, Illinois.

5. Did Marge Josephs attend college?

Yes, Marge Josephs graduated from the University of Illinois at Urbana-Champaign with a degree in business administration.

6. When did Marge Josephs found Chico’s?

Marge Josephs co-founded Chico’s in 1983 with her sister, Sandra C. Likos, and their mother, Helene L. Goldsmith.

7. How many stores does Chico’s have?

As of 2021, Chico’s operates over 600 stores worldwide.

8. What is Marge Josephs’ role in Chico’s today?

After retiring as CEO in 2005, Marge Josephs continues to serve on Chico’s board of directors.

9. What are some of Marge Josephs’ philanthropic efforts?

Marge Josephs is involved in various philanthropic causes, including supporting education, healthcare, and the arts. She has also been a significant donor to her alma mater, the University of Illinois.

10. Does Marge Josephs have any children?

Yes, Marge Josephs has two children, a son named Jeffrey and a daughter named Jennifer.