Reed Krakoff, a prominent figure in the fashion industry, began his career in the late 1980s, working for various luxury brands like Ralph Lauren and Tommy Hilfiger. He honed his skills in design and merchandising, gaining a deep understanding of the luxury market. In 1996, he joined Coach, a then-burgeoning American accessories brand, where he would eventually make his mark.

At Coach, Krakoff started as the design director and was instrumental in transforming the brand into a global luxury powerhouse. He introduced a modern aesthetic, focusing on clean lines, high-quality materials, and innovative design. His work at Coach catapulted him to fame, earning him the title of “accessories wunderkind” in the fashion world.

Reed Krakoff’s Current Net Worth in 2025

As of 2025, Reed Krakoff’s current net worth is estimated to be around $100 million. This figure reflects his successful career in the fashion industry and his entrepreneurial ventures.

Career

Reed Krakoff is a renowned American fashion designer and entrepreneur. He is best known for his work as the former President and Executive Creative Director of Coach, Inc. During his tenure, he transformed the brand from a small leather goods company into a global luxury fashion house. Krakoff left Coach in 2017 to focus on his own luxury brand, Reed Krakoff.

Other Ventures

In addition to his fashion endeavors, Krakoff has also ventured into other industries. He is the founder of the luxury accessories brand, Reed Krakoff, which he launched in 2012. The brand is known for its high-quality leather goods, handbags, and ready-to-wear clothing. Krakoff has also invested in tech startups, including the virtual reality company, Jaunt.

Assets

Krakoff’s assets include his luxury brand, Reed Krakoff, which is valued at over $100 million. He also owns a significant stake in Jaunt, the virtual reality company. Additionally, Krakoff owns several properties across the United States, including a penthouse in New York City and a home in the Hamptons.

Annual Income

As a successful fashion designer and entrepreneur, Reed Krakoff’s annual income is substantial. While the exact figure is not publicly disclosed, it is estimated to be in the range of $10-20 million per year. This income is derived from his fashion brands, investments, and other business ventures.

Frequently Asked Questions about  Reed Krakoff

Frequently Asked Questions: Reed Krakoff Net Worth

1. What is Reed Krakoff’s net worth?

Reed Krakoff’s net worth is estimated to be around $200 million.

2. How did Reed Krakoff make his fortune?

Reed Krakoff made his fortune primarily through his career in fashion and design. He co-founded the luxury handbag brand Coach in 1981 and served as its CEO and Creative Director until 2011. He then founded his own luxury brand, Reed Krakoff, in 2010.

3. When was Reed Krakoff born?

Reed Krakoff was born on December 16, 1961.

4. Where did Reed Krakoff grow up?

Reed Krakoff grew up in New York City.

5. Did Reed Krakoff study fashion design?

Yes, Reed Krakoff studied fashion design at the Fashion Institute of Technology in New York City.

6. Who is Reed Krakoff’s wife?

Reed Krakoff is married to Delphine Krakoff, a former fashion editor at Vogue.

7. Do Reed Krakoff and his wife have any children?

Yes, Reed Krakoff and his wife have two children together.

8. What is Reed Krakoff’s role in the fashion industry today?

Reed Krakoff currently serves as the Chief Artistic Officer of Tiffany & Co. since 2017. He also continues to oversee his own luxury brand, Reed Krakoff.

9. What awards has Reed Krakoff won?

Reed Krakoff has won several awards throughout his career, including the Council of Fashion Designers of America (CFDA) Accessory Designer of the Year award in 2001 and 2005.

10. What is Reed Krakoff’s philanthropic work?

Reed Krakoff is involved in various philanthropic efforts, including supporting the Council of Fashion Designers of America (CFDA) and the Fashion Institute of Technology (FIT). He also donates to charities focused on education, health, and social services.