Ralph Lauren, born on October 14, 1939. Ralph was an American fashion designer, philanthropist, and business executive. He was best known for the Ralph Lauren Corporation, a ...global multibillion-dollar enterprise. Ralph also became well known for his collection of rare automobiles, some of which have been displayed in different museum exhibitions. After few years running the corporation, in September 2015, Ralph Lauren stepped down as a CEO of the company but remains executive chairman and chief creative officer. According to an article in 2018, Forbes estimates his wealth at $7.2 billion, which makes Ralph Lauren the 91st richest person in America. Among his many designer products, Ralph Lauren Sunglasses are considered as the most popular designer item among celebrities.
Ralph Lauren was born in the Bronx, New York City, to Ashkenazi Jewish immigrants, Frieda (Cutler) and Frank Lifshitz, an artist and house painter, from Pinsk, Belarus. He is the youngest of four siblings, two brothers and one sister. Ralph attended day school at Manhattan Talmudical Academy. In 1957, before graduating from DeWitt Clinton High School. Lauren went to Baruch College, at the City University of New York (CUNY) where he studied business art, although he dropped out after two years because his heart was not into it.
From 1962 to 1964, Ralph Lauren served in the United States Army and left to work briefly for Brooks Brothers as a sales assistant, before becoming a salesman for a designer tie company. In 1967, Ralph Lauren Corporation started with men's designer ties. At an age of 28, Lauren worked for the tie manufacturer Beau Brummell, where he convinced the company's president to let him start his own product line.
Showing his interests in sports, Ralph named his first full product line of menswear as 'Polo' in 1968. Lauren worked out as a single "drawer" from a showroom in the Empire State Building and made deliveries to stores himself. With huge success in his work, in 1969, the Manhattan department store Bloomingdale's sold Ralph's men product line exclusively. It was the first time that Bloomingdale's had given an American designer his own in-store boutique.
Later on, Ralph Lauren Corporation launched a product line of tailored shirts for women, which introduced the Polo player logo to the world for the first time, in 1971. And, the first full women's collection item was launched the following year. 1971 also marked the opening of Lauren's store on Rodeo Drive in Beverly Hills, California. It was the first freestanding store for an American designer. Ralph Lauren Corporation also introduced a signature cotton mesh Polo shirt in various colors, in 1972. Featuring a polo player logo at the left chest area. The Polo shirt became emblematic because of the preppy look, which was one of Ralph’s signature styles. And the tagline for its ad campaign was "Every team has its color – Polo has seventeen."
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