LGBT billionaires

LGBT billionaires refers to any people who identify as LGBT who are billionaires, in terms of the monetary fortune they control. As of 2015, according to US LGBT-interest magazine The Advocate, Italian fashion designer Giorgio Armani with a net worth of US$8.1 billion was the world's richest person who is openly part of the LGBT community.[1]

History

In 1980, DreamWorks co-founder David Geffen came out as the first openly gay billionaire in the world. He had dated women before such as Cher, but finally came to terms with this sexuality in the early 1980s and had become one of the most important forces in the gay rights movement by 1992.[2]

Giorgio Armani is known for being notoriously private and has remained relatively quiet about his own sexuality. The Sunday Times speculates he has remained quiet on the subject out of fear sales of Armani might decline in Asia if he officially came out. However, in 2000 he told Vanity Fair, "I have had women in my life. And sometimes men."[3][4]

On 16 August 2013, Jennifer Pritzker made headlines by announcing that she identifies herself as a woman for all business and personal undertakings. This announcement made Pritzker the world's first openly transgender billionaire.[5] In October 2015, Norway's second richest billionaire Stein Erik Hagen came out as bisexual on the Norwegian talk show Skavlan.[6]

List

No. Name Net worth
USD bn
LGBT identity Citizenship Ref(s)
1Giorgio Armani8.10 Bisexual Italy
[7]
2David Geffen6.10 Gay United States
[8]
3Stein Erik Hagen4.30 Bisexual Norway
[9]
4Peter Thiel3.30 Gay United States
[8]
5Jennifer Pritzker1.80 Transgender United States
[8]
6Domenico Dolce1.74 Gay Italy
[8]
7Jon Stryker1.60 Gay United States
[8]
8Stefano Gabbana1.56 Gay Italy
[8]
9Megan Ellison1.50 Lesbian United States
[10]
10Tim Cook1.30 Gay United States
[8]
11Michael Kors1.00 Gay United States
[8]

See also

References

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