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LGBTQ billionaires

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Giorgio Armani, the richest LGBTQ billionaire

Within the LGBTQ community, there are 14 known billionaires. As of 2015, the Italian fashion designer Giorgio Armani is the richest person in the community (according to the LGBTQ-interest magazine The Advocate.)

History

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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

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LGBTQ billionaires
Name Net worth
US$ (billions)
LGBTQ identity Citizenship Ref.
Giorgio Armani 8.10 Decrease Bisexual man Italy [6]
David Geffen 6.10 Increase Gay man United States [7]
Stein Erik Hagen 4.30 Increase Bisexual man Norway [8]
Peter Thiel 3.30 Increase Gay man
  • Germany
  • New Zealand
  • United States
[7]
Tom Ford 2.20 Increase Gay man
  • United States
[9]
Jennifer Pritzker 1.80 Increase Trans woman United States [7]
Domenico Dolce 1.74 Decrease Gay man Italy [7]
Jon Stryker 1.60 Increase Gay man United States [7]
Stefano Gabbana 1.56 Decrease Gay man Italy [7]
Megan Ellison 1.50 Decrease Lesbian United States [10]
Tim Cook 1.30 Increase Gay man United States [7]
GT Dave 1 Increase Gay man United States [11][12]
Sam Altman 1 Increase Gay man United States [13]
Scott Bessent 1 Increase Gay man United States [14]

See also

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References

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  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. ^ a b c d e f g 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. ^ "Profile - Tom Ford". Forbes.
  10. ^ "Three Game-Changing Female Producers Make Sure Passion-Driven Films Hit the Screen". Variety.
  11. ^ "GT Dave". Forbes.
  12. ^ "GT Dave on breaking down stereotypes as a gay business leader". Fast Company (Video interview). Retrieved 18 February 2024.
  13. ^ "Sam Altman". Forbes.
  14. ^ "Trump chooses Bessent to be treasury secretary, Vought as budget chief, Chavez-DeRemer for Labor". AP News. 2024-11-23. Retrieved 2024-12-01.