Richard Hayne

About Richard Hayne

Who is it?: Chairman, President & Chief Executive Officer, Urban Outfitters Inc.
Birth Day: May 26, 1947
Birth Place: Philadelphia, Pennsylvania, United States
Birth Sign: Gemini
Alma mater: Lehigh University
Spouse(s): Judy Wicks (1969–1971) Margaret Hayne (m. ?)

Richard Hayne Net Worth

Richard Hayne was bornon May 26, 1947 in Philadelphia, Pennsylvania, United States, is Chairman, President & Chief Executive Officer, Urban Outfitters Inc.. Former hippie Richard Hayne opened his first apparel shop with his ex-wife in the mid-70s near the University of Pennsylvania with only $4,000. Today, Urban Outfitters is a nationwide chain with more than 200 locations and over $3 billion in revenue. Hayne, Urban Outfitter's chairman, became the company's CEO in 2012 after former CEO Glen Senk left to run New York-based jeweler and watchmaker David Yurman. Urban Outfitters, which targets teens and young adults, has been at the center of controversy over the years, and its products have offended a wide swath of America, including the transgender and gay communities, Navajos, Irish Americans and Jews. Together, they also own the 700-acre Doe Run Dairy farm in Pennsylvania, which produces cheese. Hayne's wife Margaret sits on Urban Outfitters' board and is CEO of wholly-owned brand Free People.
Richard Hayne is a member of Fashion and Retail

💰 Net worth: $1.82 Billion (Updated at 22 June 2018)

2009 $1.25 Billion
2010 $1.3 Billion
2011 $1.4 Billion
2012 $1.4 Billion
2013 $1.8 Billion
2014 $1.6 Billion
2015 $1.55 Billion
2016 $1.2 Billion
2017 $1.2 Billion
2018 $1.54 Billion

Some Richard Hayne images

Biography/Timeline

1969

Hayne is a 1969 graduate of Lehigh University with a degree in anthropology.

1970

He co-founded Urban Outfitters, Inc., in 1970 with former wife, Judy Wicks. The couple divorced a year later. The first store was located on the campus of the University of Pennsylvania. Today, the company operates over 400 stores under four brands: Urban Outfitters, Free People, Anthropologie and Terrain, a gardening brand which has standalone stores in Westport, Connecticut, and Glen Mills, Pennsylvania.

1982

Hayne's current wife, Margaret Hayne, joined Urban Outfitters in August 1982. He and his wife have been criticized for donating about $13,000 to then-Senator Rick Santorum until 2006, when Santorum lost his seat to Bob Casey, Jr. They also came under fire after Urban Outfitters hastily retracted a shirt advocating support for same-sex marriage in the wake of the passage of California's Prop 8 in 2008. The company later partnered with the National Center for Lesbian Rights to release a different shirt expressing support for marriage equality in 2009. He has avoided stating his own views on homosexuality. The company also partner with gay YouTuber Connor Franta to sell a limited clothing line at the 8 largest stores to raise money for GLSEN.