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

Peter Nygard fined $50K for illegal dredging in Bahamas

The environmental group Save the Bays, which brought the case against Peter Nygard, calls the ruling "an extraordinary triumph for environmental justice in the Bahamas." In a statement, a lawyer for the group says Supreme Court Justice Rhonda P.
Posted: March 8, 2017, 8:50 am

Fashion Mogul Fined for Ignoring Court’s Order to Stop Hurting Bahamas’ Marine Environment

NASSAU, The Bahamas, Wednesday March 8, 2017 – Billionaire Canadian clothing manufacturer Peter Nygard was yesterday fined $50,000 by a Bahamian judge for violating a court order to stop environmentally damaging dredging near his beachfront home in The ...
Posted: March 8, 2017, 2:25 pm

Nygard’S Shame

The issues have faded, and the evidence is muddy and ambiguous. This time it’s different. The disgrace of Peter Nygard’s libellous and malicious campaign to smear Louis Bacon has been made crystal-clear by the courtroom confession and apology of former ...
Posted: May 7, 2018, 4:26 pm
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