How Rich Is Peter Nygard? Net Worth, Career, Salary

Peter Nygard, a Canadian fashion magnate, made millions before gaining a reputation as a predator for his heinous acts, including sex trafficking and sexual assault, actions that ultimately earned him a lot of money. A new Starz documentary, Evil by Design: Exposing Peter Nygard, follows his December 2020 arrest in Winnipeg for abuse and forced detention.

Nygard is accused of hunting women and young girls across the United States, Canada and the Bahamas for more than four decades, beginning in the late 1980s. According to reports, the number of people on the victim list could be in the hundreds. Nygard frequently silenced women who wanted to speak out with her wealth and power. The three-part documentary, which premieres on Starz on Friday, August 12, 2022, will reveal a decades-long exploit for the disgraced fashion mogul and former CEO of a billionaire conglomerate. Let’s take a look at Nygard’s life ahead of the release of the Evil by Design: Exposed Peter Nygard documentary.

Peter Nygard Net Worth

Peter Nygard, a $900 million Finnish-Canadian fashion legend, has built his fortune as the founder and CEO of Canadian women’s clothing company Nygard International. According to sources, his net worth in 2009 is said to be $750 million, making him the 70th richest Canadian in the world. His net worth is currently estimated at $900 million.

How did Nygard raise so much money?

Peter Nygard founded his own clothing brand, Nygard, in 1967, which mainly produced sports equipment until the company expanded to the United States in 1978. The company is now known as Nygard International, with its headquarters in New York’s busy Times Square. Thanks to its success, the company has grown to become an important global player in women’s fashion, with annual sales of $500 million. Nygard International employs twelve thousand people worldwide, and the company has two hundred retail stores in North America alone, with retailers such as Dillard’s, Walmart, Costco and others selling the brand’s merchandise.

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Peter is a strong supporter of breast cancer research, with major financial contributions to the Canadian Breast Cancer Foundation. He has also supported the Bahamas Amateur Boxing Association team and was part of their Olympic victory. He is said to have had 10 children by eight different mothers.

Peter Nygard

A discussion of the current situation and the charges facing Peter Nygard

Ten women filed a joint civil lawsuit against Nygard in February 2020, accusing him of assaults that allegedly occurred at his beachfront home in the Bahamas. He is accused of operating a sex trafficking ring and recruiting minors, some under the age of 16, in his recruitment efforts. The tycoon vehemently denies the allegations, claiming they are the result of a hate campaign financed and orchestrated by his Bahamian neighbor, millionaire Louis Bacon. He also claimed that they had a long quarrel.

This guy from Nygard is the cause of nightmares. It looks like something straight out of a horror movie! He must be Trump’s friend ‍💫😳 #Dateline #PeterNygard pic.twitter.com/Z3jvZLmdam

– Aquarius Solrac (@ Carlos214Carlos) December 11, 2021

He would bring women from all over the world to his lavish events. According to a New York Times investigation, he was on the same trip with women who called themselves his “paid girlfriends.” It was also revealed that Nygard workers had a list of more than 700 women willing to accept invitations to last-minute events.

Categories: Entertaintment
Source: vcmp.edu.vn

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