Giorgio Armani, the richest LGBT billionaire

Within the LGBT community, there are 11 billionaires. As of 2015, the Italian fashion designer Giorgio Armani is the richest person in the community (according to the LGBT-interest magazine The Advocate.)

History

In 1980, the DreamWorks co-founder David Geffen came out as the first openly bisexual billionaire in the world. He had wanted to date women before such as Cher, but finally came to realise his sexuality in the early 1980s and had become one of the most important forces in the gay rights movement by 1992.[1]

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."[2][3]

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.[4] In October 2015, Norway's second richest billionaire Stein Erik Hagen came out as bisexual on the Norwegian talk show Skavlan.[5]

List

LGBT billionaires
Name Net worth
US$ (billions)
LGBT identity Citizenship Ref.
Giorgio Armani 8.10 DecreaseBisexual manItaly [6]
David Geffen 6.10 IncreaseGay manUnited States [7]
Stein Erik Hagen 4.30 IncreaseBisexual manNorway [8]
Peter Thiel 3.30 IncreaseGay man
  • Germany
  • New Zealand
  • United States
[7]
Jennifer Pritzker 1.80 IncreaseTrans womanUnited States [7]
Domenico Dolce 1.74 DecreaseGay manItaly [7]
Jon Stryker 1.60 IncreaseGay manUnited States [7]
Stefano Gabbana 1.56 DecreaseGay manItaly [7]
Megan Ellison 1.50 DecreaseLesbianUnited States [9]
Tim Cook 1.30 IncreaseGay manUnited States [7]
GT Dave 1 IncreaseGay manUnited States

See also

References

  1. "David Geffen (This article was originally published in September 1994)". Archived from the original on 2017-03-03. Retrieved 2015-10-25.
  2. "Giorgio Armani Says Gay Men Shouldn't 'Dress Homosexual'". Huffington Post. 20 April 2015.
  3. "Giorgio Armani says gay men shouldn't 'dress homosexual'". Washington Post. 21 April 2015.
  4. Solomon, Brian (September 16, 2013). "Jennifer Pritzker Becomes First Transgender Billionaire". Forbes.
  5. "Norway's Second Richest Billionaire Comes Out As Bisexual". Towleroad. October 2015.
  6. "#174 Giorgio Armani". Forbes.
  7. 1 2 3 4 5 6 7 Robehmed, Natalie (March 3, 2014). "Meet The World's LGBT Billionaires". Forbes.
  8. "Norway's second richest billionaire comes out as bisexual on chat show watched by 3m viewers". The Independent.
  9. "Three Game-Changing Female Producers Make Sure Passion-Driven Films Hit the Screen". Variety.
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