LGBT billionaires

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Giorgio Armani

LGBT billionaires refers to any people who identify as LGBT who are billionaires, in terms of the monetary fortune they control. As of 2015, according to US LGBT-interest magazine The Advocate, Italian fashion designer Giorgio Armani with a net worth of US$8.1 billion was the world's richest person who is openly part of the LGBT community.[1]


In 1980, DreamWorks co-founder David Geffen came out as the first openly gay billionaire in the world. He had dated women before such as Cher, but finally came to terms with this sexuality in the early 1980s and had become one of the most important forces in the gay rights movement by 1992.[2]

Giorgio Armani is known for being notoriously private and has remained relatively quiet about his own sexuality. The Sunday Times speculates he has remained quiet on the subject out of fear sales of Armani might decline in Asia if he officially came out. However, in 2000 he told Vanity Fair, "I have had women in my life. And sometimes men."[3][4]

On 16 August 2013, Jennifer Pritzker made headlines by announcing she now identifies herself as a woman for all business and personal undertakings. This announcement made Pritzker the world's first openly transgender billionaire.[5] In October 2015, Norway's second richest billionaire Stein Erik Hagen came out as bisexual on the Norwegian talk show Skavlan.[6]


No. Name Net worth
USD bn
Sexual identity Citizenship Ref(s)
1 Giorgio Armani 8.10 Decrease Bisexual Italy Italy
2 David Geffen 6.10 Increase Gay United States United States
3 Stein Erik Hagen 4.30 Increase Bisexual Norway Norway
4 Peter Thiel 3.30 Increase Gay United States United States
5 Jennifer Pritzker 1.80 Increase Transgender United States United States
6 Domenico Dolce 1.74 Decrease Gay Italy Italy
7 Jon Stryker 1.60 Increase Gay United States United States
8 Stefano Gabbana 1.56 Decrease Gay Italy Italy
9 Megan Ellison 1.50 Decrease Lesbian United States United States
10 Tim Cook 1.30 Increase Gay United States United States
11 Michael Kors 1.00 Increase Gay United States United States

See also[edit]


  1. ^ Dobbins, Leslie (February 12, 2015). "14 Insanely Wealthy LGBT People". The Advocate.
  2. ^ David Geffen (This article was originally published in September 1994)
  3. ^ "Giorgio Armani Says Gay Men Shouldn't 'Dress Homosexual'". Huffington Post. 20 April 2015.
  4. ^ "Giorgio Armani says gay men shouldn't 'dress homosexual'". Washington Post. 21 April 2015.
  5. ^ Solomon, Brian (September 16, 2013). "Jennifer Pritzker Becomes First Transgender Billionaire". Forbes.
  6. ^ "Norway's Second Richest Billionaire Comes Out As Bisexual". Towleroad. October 2015.
  7. ^ "#174 Giorgio Armani". Forbes.
  8. ^ a b c d e f g h Robehmed, Natalie (March 3, 2014). "Meet The World's LGBT Billionaires". Forbes.
  9. ^ "Norway's second richest billionaire comes out as bisexual on chat show watched by 3m viewers". The Independent.
  10. ^ "Three Game-Changing Female Producers Make Sure Passion-Driven Films Hit the Screen". Variety.