Gary Friedman: The Billionaire behind Restoration Hardware
Gary Friedman is an American billionaire businessman who is currently the CEO and Chairman of Restoration Hardware (RH), a luxury home furnishings company. He has transformed the company over the years and led it to tremendous growth and success, making him an industry icon. Apart from his professional achievements, Friedman is also known for his philanthropic work and his love for life.
Early Life and Education
Gary Friedman was born on February 1, 1957, in San Francisco, California. He grew up in a Jewish family and attended Lowell High School in the city. He later went on to study at the University of California, Berkeley, where he earned a Bachelor of Arts degree in Business Administration.
Career and Achievements
After graduating from college, Friedman started his career at a store called The Gap, where he worked as an assistant buyer. He worked his way up the ranks and eventually became the Vice President of The Gap’s men’s division. He later held executive positions at several other retail companies, including Williams-Sonoma, Polo Ralph Lauren, and Pottery Barn.
In 2001, Friedman joined Restoration Hardware and was tasked with leading the company’s turnaround efforts. He became the CEO of the company in 2001 and played a key role in transforming it into a leading luxury home furnishings brand. Under Friedman’s leadership, Restoration Hardware went public in 2012, and its stock price soared, making Friedman a billionaire.
Apart from his success at RH, Friedman has also been recognized for his philanthropic work. He has donated to several causes over the years, including education, health, and the arts. He has also served on the board of several non-profit organizations.
Gary Friedman is known to be a colorful personality who loves life. He is known for his eclectic taste in fashion and is often seen wearing unique and colorful outfits. He is also known for his love for art, music, and travel. Friedman has been married twice and has three children.
|Born:||February 1, 1957|
|Sector:||Retail/ Luxury Home Furnishings|
|Net Worth:||USD 1.7 billion|