Peter Nygard Net Worth is
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Peter J. NygA?rd (born 1943) is a Canadian fashion executive, founder and chairman of NygA?rd International, a company based in Winnipeg that makes women's wear. He was rated the 70th richest Canadian by Canadian Business Magazine in 2009 with a net worth of $817 million.


NygA?rd was born in Helsinki, Finland in 1943. His parents were Eeli and Hilkka NygA?rd, bakers who immigrated to Canada in 1952, settling at first in Deloraine, Manitoba (where NygA?rd Park would later be named in honor of Peter in 2002). They moved shortly after to Winnipeg. He currently lives in New York City.
He graduated from the University of North Dakota with a business degree, and has received several awards from them.
NygA?rd has seven children.
On December 1, 1967, Peter NygA?rd used his life savings and an additional loan of $8,000 to purchase 20% of a womana??s clothing manufacturer. A few years later Peter NygA?rd owned the company and renamed it NygA?rd International.
NygA?rd apparel manufacturing company was founded in 1967 in Winnipeg, Manitoba. Its Canada headquarters is now in Toronto, Ontario with its world headquarters in Times Square, New York.
Peter NygA?rd's fashion concept retail store opened in Times Square in Manhattan on Friday, November 6, 2009.
NygA?rd is Canada's largest 'fashion house'.
In 1987, NygA?rd built a 150,000-square-foot (14,000 m2) compound at Lyford Cay in the Bahamas. It was partly destroyed by a fire on November 10, 2009.
On April 14, 2010 Peter Nygard announced he was planning a $50 million renovation of NygA?rd Cay, which would take two years to complete and repair the damage and employ 200 construction workers.
The Cay is inspired by the Mayan civilizationa??s architecture. One of the major buildings is a 32,000 ft2 grand-hall with a 100,000 lb glass ceiling.
NygA?rd has supported the Canadian Breast Cancer Foundation
NygA?rd has been a longtime sponsor of amateur sports in the Bahamas. In June 2010, is the

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Peter Nygard Latest News

Bahamas beach house feud led to alleged murder plot

Hedge fund fat cat Louis Bacon claims Peter Nygard targeted him and other rivals who blocked the designer’s plans for new construction on the island, according to court documents filed in the Bahamas. Nygard allegedly planned racist rallies in an attempt ...
Posted: March 12, 2016, 7:53 am

Nygard denies murder-for-hire claim

Fashion mogul Peter Nygard is firing back at claims he hired two convicted criminals to kill hedge fund tycoon Louis Bacon and another man, alleging it is his accusers who hired the men to “set him up.” “We say the claim is without merit, it is ...
Posted: March 14, 2016, 1:02 pm

Bankruptcy Bid Against Keod Smith

Mr Smith is a former Progressive Liberal Party MP, and former attorney for controversial Canadian fashion designer Peter Nygard. In an affidavit supporting the petition, STB Chairman Joseph Darville alleged Mr Smith committed an act of bankruptcy by ...
Posted: December 4, 2017, 1:15 pm
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