Timothy Boyle Net Worth

Timothy Boyle was born in 1949 in Portland, Oregon. After his father's sudden death in 1970, Tim returned home to help his mother Gert save their struggling family business, Columbia Sportswear. Despite initial difficulties, the Boyles persevered and eventually turned the company around with clever marketing and innovative products. Columbia Sportswear now generates $2.4 billion in revenue annually, and Tim Boyle is still the CEO nearly 50 years later.
Timothy Boyle is a member of Fashion & Retail

Age, Biography and Wiki

Birth Year 1949
Birth Place Portland, Oregon, United States
Age 74 YEARS OLD
Education Jesuit High School
Alma mater University of Oregon
Occupation businessman
Known for President and CEO of Columbia Sportswear
Spouse(s) Mary Boyle
Children 2
Parent(s) Gert Lamfromm Boyle Joseph Cornelius "Neal" Boyle

💰 Net worth: $2.3 Billion (2024)

Timothy Boyle, a prominent figure in the fashion and retail industry in the United States, is projected to have a net worth of $2.3 billion by the year 2024. With his extensive knowledge and expertise in the field, Boyle has successfully built a fortune throughout his career. As the CEO of Columbia Sportswear, a global outdoor apparel and footwear company, he has catapulted the brand to new heights, expanding its market presence and profitability. Timothy Boyle's exceptional business acumen and keen fashion sense have undoubtedly contributed to his remarkable success in both the fashion and retail sectors.

2014 $1.1 Billion
2015 $1.9 Billion
2016 $1.7 Billion
2017 $1.7 Billion
2018 $2.22 Billion

Some Timothy Boyle images

Biography/Timeline

1952

Boyle is one of three children born to Joseph Cornelius "Neal" Boyle, an Irish Catholic and Gertrude Lamfrom. His mother was Jewish and fled as a teenager from Nazi Germany and immigrated to Portland, Oregon; she converted to Catholicism after marrying her husband. He has two sisters: Kathy Boyle (born 1952) and Sally Boyle (born 1958).

1960

His grandfather purchased the Rosenfeld Hat Company and changed its name to the Columbia Hat Company (after the river). His Father became President of Columbia hat after his grandfather died and then Diversified the hat Business into outerwear for Hunters, fishermen, and skiers. In 1960, his mother designed the first fishing vest (his Father was an avid fisherman) and the name of the company was changed to Columbia Sportswear.

1970

Boyle was still at university when his Father died in 1970 at the age of 47 and joined his mother - who had become President of Columbia - then with $800,000 in annual sales. The company struggled and teetered on bankruptcy until in the 1970s when he and his mother refocused the Business on outdoor clothing and Casual wear which paralleled a general trend away from formal work attire. In 1975, they were the first company to introduce Gore-Tex parkas. In 1986, Columbia released the Bugaboo, a jacket with a zip out Li Ning which became quite trendy and further propelled the company's growth. Columbia was unique among specialty clothing manufacturers in that it would sell its products to any Retail shop or chain. In 1987, Columbia had $18.8 million in sales and by 1997 it had grown to $353.5 million. The company went public in 1998. In the early 2010s, Boyle refocused Columbia away from top line products and more towards the mid-range, moderately priced products; he also continued to align sales with changes happening in the Retail industry, shifting the company more toward internet sales.

1971

Boyle was educated at Jesuit High School, in Beaverton, Oregon, just outside Portland, followed by the University of Oregon, where he earned a bachelor's degree in journalism in 1971.

2007

In 2007, he and his wife Mary donated $5 million to the University of Oregon.

2013

Boyle's 41% ownership interest in Columbia Sportswear was worth over $1.0 billion in 2013.

2016

In 2016, he donated $10 million to the University of Oregon's aquatic animal care facility.