The 173rd richest person in the world, Ralph Lauren, who was born as Ralph Lifshitz, was actually the son of Jewish immigrants from Belarus. He was born in Bronx, New York and was nurtured by his mother Fraydl and father Frank, who was a house painter.
The name Ralph Lauren was actually unintentional. Since Ralph was always teased with his real last name, he decided to change Lifshitz into Lauren when he was sixteen years old.
Ralph Lauren did not actually attend fashion school as he studied business at the Baruch School of Business and Civic Administration of the City College of New York. When he was still in high school, Ralph was also known for selling ties to other students.
He worked as a tie salesman at A. Rivetz & Co., a well known tie manufacturer in New York. He then proceeded to create his own ties which then defied the current fashion trend of conservative business wear. This bold move lead to Ralph’s success and up to now, Ralph Lauren’s designs continue to set the trends.
Ralph Lauren loves to collect automobiles, most of which are held in his New York estate. Parts of his collection are extremely rare automobile like the 1929 Blower Bentley, a Bugatti Veyron, an F1 LM, and a 162 Ferrari 250 GTO among others.
He met his wife, Ricky Anne Low-Beer in an eye doctor’s office in June 1964. They then married in December of that same year and had two sons, named Andrew and David, and a daughter named Dylan.
Ralph Lauren was born on October 14, 1939 and is now 71 years old. He continues to act as CEO and Chief Designer while his son David works as an executive at Polo Ralph Lauren

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