Less than a decade after she started a fashion brand in her kitchen, Tory Burch is officially a billionaire.
Her eponymous fashion line, which includes high-end handbags and Reva ballet flats, is ubiquitous.
The designer's bags, sunglasses and shoes are flying off the shelves at Bloomingdale's, Nordstrom and Saks. She's competing with more established brands like Coach, Michael Kors and Kate Spade—and winning.
Burch's company is now valued at more than $3.5 billion.
Burch started her career a fashion copywriter. After her ex-husband, retail tycoon Christopher Burch, gave her $2 million, she began designing clothes in her kitchen. Before long, she had an important celebrity endorsement and soaring sales figures.
We mapped out how Burch became a fashion billionaire.
Tory Burch grew up in Philadelphia.
Her mother is a former actress, while her father was an investor. She graduated high school and attended the University of Pennsylvania.
Burch had a series of writing jobs before starting her fashion line.
She worked for Vera Wang, Ralph Lauren and Harper's Bazaar.
In 2004, she launched her New York City flagship boutique.
It's located in the retail mecca of NoLita. Pictured is her Madison Avenue store.
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