George Zimmer Net Worth is$800 Million
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Date of Birth: Nov 21, 1948
George Zimmer is an American entrepreneur with a net worth of $800 million. George Zimmer made his fortune as the CEO and Founder of the popular chain Men's Warehouse, which has more than 1300 stores across the U.S. and Canada. Zimmer was born in New York and graduated from Washington University in St. Louis with an Economics degree.
George Zimmer (born November 21, 1948) is an American entrepreneur, the founder and CEO of the Men's Wearhouse, a men's clothing retailer that has more than 1,300 stores[citation needed] across the U.S. and Canada under the brands Moores, Men's Wearhouse and K&G Superstores.
Born in New York City to a Jewish family. Zimmer attended grade schools in Scarsdale, New York, before studying at Washington University in St. Louis where he received an A.B. in Economics in 1970. Upon graduation, he worked as a substitute teacher before joining his father in the clothing manufacturing business. Later in the early 1970s, he worked as a purchasing agent and salesman in Hong Kong.
He opened his first Men's Wearhouse store in 1973 in Houston, Texas.[citation needed] Zimmer narrates and appears in many of his company's television commercials, usually closing with the company slogan "You're going to like the way you look. I guarantee it." He owns 8.7% of Men's Wearhouse, a stake which, as of November 2004[update], was worth $94 million. On September 14, 2011 George Zimmer received the Kupfer Award by Mays Business school .
Zimmer's style of corporate management (for example, the company's June 2004 nomination of spiritual guru Deepak Chopra to its board) is peculiar in the view of some, while others perceive his style as cutting-edge.
Zimmer's experience caring for his mother, who died of cancer, led him to support research into the therapeutic use of MDMA, and for his efforts to legalize cannabis (for instance, by making donations equaling $70,500 to support California's Proposition 19 in 2010).

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George Zimmer Latest News

Why Men's Wearhouse Was Right To Oust George Zimmer

George Zimmer is well known to men’s clothing shoppers. For as long as anyone can remember he has appeared on television as the front man for The Men’s Wearhouse, a company he founded in 1973, 40 years ago. We can all hear his deep voice saying, “You ...
Posted: July 2, 2013, 4:54 am

George Zimmer just lost $10 million on Men's Wearhouse and he's OK with it

George Zimmer, the bearded founder of Men's Wearhouse, just lost $10 million ... and he's happy about it. "It hurts me financially but it pleases me emotionally," he told CNNMoney's Christine Romans in his famously raspy voice. Zimmer, known for his ...
Posted: December 16, 2015, 1:13 am

Men's Wearhouse Defends Firing Founder

In a rare insider's view of a board room battle, Men's Wearhouse is defending the firing of founder and executive chairman George Zimmer, saying there were disagreements over compensation and that he "had difficulty accepting the fact that Men's Wearhouse ...
Posted: June 24, 2013, 5:00 pm
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