George Boedecker Net Worth is$100 Million
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Nicknames: Crocs, Inc., Crocs Inc
George Boedecker net worth: George Boedecker's net worth is $100 million dollars. George Boedecker co-founded the Crocs shoe line in 2002. The company, which began producing foam clogs using a design created by Foam Creations in Quebec, went from obscurity to fame seemingly overnight. Their first model, called "Beach", sold out almost immediately. The shoes were given the blessing of both the U.S. Ergonomics Company and the American Podiatric Medical Association, and a special design was released for diabetes sufferers. The company subsequently bought up Foam Creations, so that it could have complete control over the foam clog design. Since 2006, they have filed multiple complaints against international companies that have been manufacturing fake Crocs. The shoes come in multiple styles, and are available in versions that can be worn in both summer and winter. The shoes are currently manufactured in multiple countries, including Italy, Bosnia, and China.
Crocs, Inc. is a shoe manufacturer founded by 3 friends - Scott Seamans, Lyndon "Duke" Hanson, and George Boedecker, Jr. - to produce and distribute a foam clog design acquired from a Quebec company called Foam Creations. The shoe had originally been developed as a spa shoe. The first model produced by Crocs, the Beach, was unveiled in 2002 at the Ft. Lauderdale Boat Show in Florida, and sold out the 200 pairs produced at that time.
Crocs was the title sponsor of the Association of Volleyball Professionals (AVP) Tour from 2006 through the 2009 season.
In June 2004, Crocs purchased Foam Creations and their manufacturing operations to secure exclusive rights to the proprietary foam resin called Croslite. The foam forms itself to a wearer's feet and offers purported medical benefits, according to a number of podiatrists. Crocs holds one patent covering various utility aspects of its footwear, U.S. Patent No. 6993858 B2 issued February 7, 2006, and three design patents covering various ornamental aspects, U.S. Patent Nos. D517788, D517789, and D517790 issued on March 28, 2006.
As of 2007, the company had applied to register "Crocs" and the Crocs logo as trademarks in over 40 jurisdictions around the world, including the U.S.; many such applications were pending approval. Crocs also extended the scope of their trademark registrations and applications for both the Crocs mark and logo to cover non-footwear products such as sunglasses, goggles, knee pads, watches, luggage, and some of their internet sales activities.
Crocs announced in 2006 that it filed complaints with the U.S. International Trade Commission (ITC) and the U.S. Federal District Court against 11 companies that manufacture, import or distribute products, called "croc-offs", that Crocs believes infringe its patents. Seizures of fake crocs occurred in 2007 in the Philippines and Denmark, and were under litigation in South Africa. In 2010, the U.S. Court of Appeals for the Federal Circuit held that C

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