Rachel Roy Net Worth

There have been numerous fashion designers who have proved their mantel in the fashion industry but very few have moved on to inspire and help others through their philanthropic work. Rachel Roy is a famous fashion designer of contemporary world who has global presence. Rachel is an American national.

Rachel has worked with different genres of people and has an endless list of clients. Some of Rachel’s famous clients are Sharon Stone, Kim Kardeshian, Kate Hudson, Lucy Liu, Jennifer Garner, Michelle Obama and Tyra Banks. Rachel launched her exclusive brand in 2004, which is a ready to wear apparel brand and accessories business which include jewellery and home products.

Rachel Roy Net Worth 2017-2018

Apart from running her business successfully, Rachel has also voiced her thoughts and views on numerous topics ranging from Entrepreneurship and philanthropy. She is one of the renowned orators and has spoken on some of the most prestigious world forums such as White House, Fortune Next Generation conference etc. Rachel’s net worth is estimated to be around $ 12 Million.

Rachel Irene Roy commonly known as Rachel Roy was born on 15th January, 1974 in California. Rachel was born to her parents Donald and Ruth. Rachel’s mother is a Dutch and her father is Madras born, Bengali Indian. Rachel has a brother named Rajendra Roy, who is the Chief Film curator of the Museum of Modern Art in New York. Rachel did her schooling from Seaside High School in California followed by Columbia Union College in Maryland. She did her graduation in Psychology and English and completed her graduation in 1996.

Rachel Roy and Damon Dash married in 2005; however, they divorced each other in 2009. They have two daughters named Ava and Tallulah. Upon divorce, Rachel was awarded sole custody of both her daughters which included 3 year restraining order against Dash.

Rachel Roy got her first break in fashion industry at the age of 14 from ‘Contempo Casuals’, a clothing outlet in California. After completing her graduation, Rachel Roy moved to New York to develop her career in Fashion. Rachel’s initial assignments were those of a stylist in various magazines and music videos.

After exploring her way through these assignments, Rachel was hired as an intern in an urban fashion line, ‘Rocawear’. Rachel proved her mantel here and through her dedication and hard work, in a short period of time she worked her way up to become the creative director of the women’s division and children’s division in the company. It was here that she met her future husband, Damon Dash.

In 2004, Rachel launched her eponymous fashion collection. In 2009, Rachel came up with her brand, THE RACHEL Rachel Roy Collection. This is an affordable line of sportswear, shoes, and accessories. The label, RACHEL Rachel Roy, is available exclusively at Macy’s as well as at Saks Fifth Avenue, Bergdorf Goodman, Neiman Marcus, Shoewoo, and Nordstrom. Apart from this, in 2009, Rachel and Grammy Award-winning British pop singer Estelle and model Jessica Stam for her Spring 2010 RACHEL & Fall 2010 Rachel Roy collection respectively.

Rachel Roy has received a lot of accolades for her work. She was conferred with an ACE AWARD by the Accessories Council for the best brand launch. In 2006, Rachel received a Bollywood industry award for her contribution to American fashion. In 2007, Rachel was inducted in Council of Fashion Designers of America. Rachel has also been recognized for her creative work in branding and movies by LaJolla Fashion Film Festival and AdWeekMedia.

How much is Rachel Roy Net Worth in 2017

The estimated net worth of Rachel Roy is around $13 Million US dollars as of 2017. She runs her own successful fashion brand.

Rachel Roy is a renowned name in the area of philanthropy. She is the founder of ‘Kindness Is Always Fashionable’, which is an entrepreneurial philanthropic platform that helps women artisans globally to create a sustainable income for their families and communities through design projects.