From our Community
Ralph Lauren grew up in the Bronx the son of working class Ashkenazy Jewish immigrants. He started working part time in the garment industry as a teenager. In high school, he sold neck ties to his classmates and briefly studied business in college. When the tie company he worked for kept rejecting his innovative designs, he set out to start his own business. He began selling ties out of a drawer in the Empire State Building, making them from scraps. He eventually won a contract with Neiman Marcus and soon got the backing to open his own tie shop in Manhattan. His company and its legendary brand are now worth $5.7 billion.