Richard Hayne Net Worth is$1.1 Billion
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Nicknames: Richard A Hayne
Richard Hayne net worth: Richard Hayne is an American businessman with an estimated net worth of $1.4 billion dollars which makes him one of the richest people in Pennsylvania. A resident of Philadelphia, Pennsylvania, Richard Hayne graduated from LeHigh University with a degree in Anthropology in the late 60s. A year after graduating, he opened a store called, Urban Outfitters, on the campus of the University of Pennsylvania. His company now has three stores, Urban Outfitters, Free People, and Anthropologie, and over 200 locations. The company also recently launched a new series of gardening stores called, Terrain, and BHLDN, a store devoted to clothing for weddings. He has served as Chairman and President since 1976, and became CEO in January 2012. A staunch supporter of the Republican Party, Urban Outfitters has recently come under fire repeatedly for both political donations, and for selling merchandise that has offended multiple groups. Despite the company's various controversies, Urban Outfitters sales figures have increased 9% since 2011.
Richard Hayne is the president and CEO of Urban Outfitters, an American chain of clothing retailers; Hayne has been the chairman and president since 1976 and the CEO since the retirement of Glen Senk in January 2012. At a net worth of $1.8 billion, Hayne is the #262 richest person in the U.S. according to the 2008 Forbes 400 list, a ranking of the 400 richest Americans by net worth. He is included in the Top 40 richest people in Pennsylvania. He is a 1969 graduate of Lehigh University with a degree in anthropology.
He co-founded Urban Outfitters, Inc. in 1970 with former wife, Judy Wicks. The couple divorced a year later, in 1971. The first store was located on the campus of the University of Pennsylvania. Today, the company operates over 200 stores under three brands: Urban Outfitters, Free People, and Anthropologie and Terrain (newly launched gardening store).
Hayne's current wife, Margaret Hayne joined Urban Outfitters in August 1982. He and his wife have been criticized for donating about $13,000 to then-Senator Rick Santorum until 2006, when Santorum lost his seat to Bob Casey, Jr.. They also came under fire after Urban Outfitters hastily retracted a shirt advocating support for same-sex marriage in the wake of the passage of California's Prop 8 in 2008. The company later partnered with the National Center for Lesbian Rights to release a different shirt expressing support for marriage equality in 2009. Hayne has avoided stating his own views on homosexuality.

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Richard Hayne Latest News

Uber Likely To Start Flying Taxi Service By 2023. Here's How It Looks

(Reporting by Brad Haynes; Editing by Richard Chang) © Thomson Reuters 2017 (Except for the headline, this story has not been edited by NDTV staff and is published from a syndicated feed.)
Posted: December 16, 2017, 7:24 pm

Residents tell Duncombe Council they don’t want proposed hog confinement

Haynes also hoped a public outcry would persuade Iowa Select, or Richard Stark, who will own the barns, to reconsider. “In Wayne County there was such an outcry that they stopped it,” Haynes said. “Iowa Select does not like bad publicity, bad press ...
Posted: December 14, 2017, 8:11 pm

Winter Plants and Holiday Gifts for Gardeners

Charity Nebbe speaks with Cynthia Haynes and Richard Jauron, and takes questions from listeners. The plants outside are starting to change their shape and color. Given that the trees have shed their leaves and the ground is too frozen to plant almost ...
Posted: December 15, 2017, 11:47 am
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