TORY BURCH
With nearly $1 billion in annual revenue (the company was recently valued at $3.5 billion), the Upper East Sider has joined the rarefied ranks of fashion’s billionaire “old boys” club, which boasts Giorgio Armani and Ralph Lauren as members. Her strong commitment to mentoring women extends Burch’s impact beyond fashion. Her eponymous foundation has launched a joint initiative with Bank of America, Elizabeth Street Capital, named after her first boutique’s locale, to provide $10 million in loans and business coaching to female entrepreneurs in markets across the country, including New York.
SOURCE: GOTHAM-MAGAZINE
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