Roy Raymond Net Worth

Roy Raymond was a successful businessman who founded the Victoria's Secret lingerie chain in 1977. After operating the business for five years, he sold it to Leslie Wexner for one million dollars. The chain went on to become a billion-dollar business by the early 1990s, and Roy Raymond's untimely death by suicide in 1993 is suspected to have been related to the success of the business.
Roy Raymond is a member of Entrepreneur

Age, Biography and Wiki

Birth Day April 15, 1947
Birth Place Connecticut
Age 73 YEARS OLD
Died On Aug 26, 1993 (age 46)
Birth Sign Aries

💰 Net worth: $500 million

Some Roy Raymond images

About

Remembered as the founder of the Victoria's Secret lingerie chain, he operated the Business for five years before selling it to fellow businessman Leslie Wexner for one million dollars. The fact that the chain had amassed a profit of over a billion a year by the early 1990s was suspected to be a factor in his 1993 suicide.

Before Fame

After graduating from Tufts University in Massachusetts, he enrolled at Stanford University's Graduate School of Business. He opened the first store in the Victoria's Secret chain in 1977. He came up with the idea for Victoria's Secret because he thought that the classy store would cater to men like him who were too embarrassed to buy undergarments for their wives.

Trivia

He established a second Business, My Child's Destiny, in the 1980s; the children's clothing retailer faced bankruptcy just two years later.

Family Life

Born and raised in Connecticut, he later settled in the San Francisco Bay Area with his wife and two children. 

Associated With

He was mentioned by one of the characters in The Social Network (a 2010 movie about the founding of Facebook) as an Example of why Mark Zuckerberg should not, under any circumstances, sell Facebook.