|Net Worth:||$800 Million|
|Date of Birth:||July 22, 1963 (60 years old)|
What is James Jebbia’s net worth
James Jebbia is an American-British CEO and entrepreneur who has a net worth of $800 million. His wealth is rooted in the establishment of the fashion label Stussy and fashion label Supreme as their managing director.
In the early 90s, he inaugurated his business as the one-half director chief executive of the Stussy fashion label. This brand of apparel eventually became widely known as street and skater wear but James resigned later in 1994.
Much later, he discovered another business name Supreme label after personally making the decision to leave the former.
Supreme has grown to be associated with top-notch skater apparel, as well as premium skateboards and accessories.
The business routinely hires avant-garde artists to create the skateboard designs, such as Jeff Koons and Damien Hirst, and only produces a small number of each item.
By reducing production costs, they have attempted to maintain prices fair. Supreme has five locations in Japan and two in the US, one in each of New York City and Los Angeles.
They currently have a website of their own in the UK and provide certain items too numerous shops across Europe.
Carlyle Group Investment
In 2017, the Supreme brand was valued at $1 billion by the private equity firm Carlyle Group, which paid $500 million for a 50% share in the company.
The purchase of Supreme by VF Corp. for $2.1 billion was announced in November 2020.
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