Tommy Hilfiger, born in Elmira, New York, showed an early knack for fashion, designing and selling bell-bottom jeans to his classmates while still in high school. He honed his skills at the Fashion Institute of Technology in New York City, where he learned the intricacies of pattern making and fabric sourcing.

After a brief stint working for other designers, Hilfiger launched his own company in 1985, focusing on preppy, all-American styles. His big break came when he dressed the band Aerosmith for the MTV Video Music Awards in 1990, catapulting his designs into the limelight and onto the backs of young, fashionable consumers.

Tommy Hilfiger Designer’s Net Worth in 2025

According to the latest available information, Tommy Hilfiger’s net worth in 2025 is estimated to be around $4.5 billion. This makes him one of the wealthiest individuals in the fashion industry.

Career

Tommy Hilfiger, born in 1951, began his career in the fashion industry in the early 1970s. He co-founded the clothing company People’s Place with his brother and sister-in-law in 1969. In 1985, he launched his own label, Tommy Hilfiger Corporation, which was later acquired by PVH Corp in 2010. Today, Tommy Hilfiger is a global brand with a presence in over 100 countries.

Other Ventures

In addition to his clothing line, Tommy Hilfiger has ventured into other businesses. In 2006, he launched Tommy Hilfiger Home, a line of home decor products. He also has a line of fragrances and accessories. Moreover, he has invested in various startups, including the clothing rental service, Le Tote.

Assets

Tommy Hilfiger’s assets include his primary residence, a 12,000 square-foot mansion in Greenwich, Connecticut, valued at around $45 million. He also owns a 10,000 square-foot penthouse in New York City, worth approximately $30 million. His fashion brand, Tommy Hilfiger, is another significant asset, with a global retail sales value of over $9 billion.

Annual Income

Tommy Hilfiger’s annual income is primarily derived from his stake in the Tommy Hilfiger Corporation. As of 2021, his annual earnings from the company are estimated to be around $10 million. Additionally, he earns from his investments, real estate, and various endorsement deals.

Frequently Asked Questions about  Tommy Hilfiger Designer

What is Tommy Hilfiger’s net worth?

Tommy Hilfiger’s net worth is estimated to be around $400 million.

How did Tommy Hilfiger start his fashion career?

Tommy Hilfiger started his fashion career in 1969 when he opened his first clothing store, “People’s Place,” in his hometown of Elmira, New York. He later moved to New York City and launched the Tommy Hilfiger brand in 1985.

What is Tommy Hilfiger known for?

Tommy Hilfiger is known for his preppy, all-American clothing line that includes apparel, accessories, and fragrances. He is also recognized for his collaborations with celebrities like Beyoncé, Gigi Hadid, and Lewis Hamilton.

Who is Tommy Hilfiger’s wife?

Tommy Hilfiger’s wife is Dee Ocleppo. They got married in 2008 and have two children together. Dee Ocleppo is a former actress and model.

Does Tommy Hilfiger have any children?

Yes, Tommy Hilfiger has five children from his two marriages. His children are Richard, Elizabeth, Catherine, Sebastian, and Alex.

What is the Tommy Hilfiger Foundation?

The Tommy Hilfiger Foundation was established in 1995 to support breast cancer care and research. It has raised over $20 million for the cause.

What is the Tommy Hilfiger Corporate Social Responsibility (CSR) initiative?

The Tommy Hilfiger CSR initiative focuses on three key areas: People, Planet, and Product. It aims to create a positive impact on society and the environment through sustainable business practices.

What is the Tommy Hilfiger Fashion Frontier Challenge?

The Tommy Hilfiger Fashion Frontier Challenge is an annual competition that supports and mentors the next generation of sustainable fashion entrepreneurs.

Where can I find Tommy Hilfiger products?

Tommy Hilfiger products are available in over 90 countries through its own retail stores, wholesale partners, and online channels, including the Tommy Hilfiger website.

What is Tommy Hilfiger’s age?

Tommy Hilfiger was born on March 24, 1951, making him 71 years old.