Richard Hayne

Richard Hayne
Nationality	American
Spouse	Margaret Hayne

Richard Hayne is the president of Urban Outfitters, an American chain of clothing retailers. 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 graduate of Lehigh University.

He co-founded Urban Outfitters, Inc. in 1970 with former wife, Judy Wicks. 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). The liberal tone of Free People and Urban Outfitters is a reflection of his more liberal early roots. However, Richard Hayne is now a "conservative capitalist entrepreneur." Republican former senator Rick Santorum has been among Hayne's beneficiaries; during an interview with Philadelphia Weekly in 2003, Hayne at first denied any involvement with Senator Santorum and refused to discuss his personal views on homosexuality stating "I'm not going to comment on it." Hayne has also been criticized for discontinuing sales of a pro-same sex marriage t-shirt in his stores, although the company maintains it was for poor sales.

References

Notations

• 400, Forbes, September 17, 2008.
• Clothes Make the Man, Philadelphia Weekly, June 3