Angela Ahrendts Net Worth, Early Life, Education, Career Highlights, Awards, Personal Life and Husband

Published Date   08th Aug. 2017, 00:10 am
Angela Ahrendts Net Worth, Early Life, Education, Career Highlights, Awards, Personal Life and Husband
Quick Info
Birth Name:Angela Jean Ahrendts
Date of Birth:12/06/1960
Age: 58 years old
Nationality:American
Net Worth:$150 million




American businesswoman Angela Ahrendts net worth rose as she became the Senior Vice President at Apple.Inc and held prestigious position in top-notch companies.

Synopsis

Born in 1960, Angela Ahrendts currently serves as Senior Vice President of Retail at Apple.Inc. Previously, she was the CEO of famous fashion brand Burberry from 2006 to 2014. Angela Ahrendts net worth hiked as Forbes ranked her 25th in 2015 Most Powerful Women in the World. In the same way, Fortune ranked her 29th in 2014 World’s Most Powerful Women in Business. She was also associated as member of UK Prime Minister’s business advisory council until 2016.

Early Life and Education

Angela Ahrendts was born Angela Jean Ahrendts on June 7, 1960 in New Palestine, Indiana in the United States. She grew up as third of six children in New Palestine, Indiana under the parenthood of Richard Ahrendts and Jean Ahrendts. Her father was a businessman while her mother was a homemaker.

Ahrendts went to New Palestine High School where she was an active student. In her school days, she was the varsity cheerleader. She earned undergraduate degree in Merchandising and Marketing from Ball State University located in Muncie, Indiana in 1982. Ahrendts later earned honorary doctorate of Humane Letters from Ball State in 2010.

Professional Career Highlights

Ahrendts moved to New York City where she worked in a fashion industry under several positions. She joined Donna Karan International in 1989 where her primary responsibilities were to develop luxury brand internationally through wholesale and licensing as well. In 1996, Henri Bendel hired her to expand the store to 50 new markets; however, board of directors cancelled the project after 2 years.

Therefore, she started working for Fifth & Pacific Companies as Vice President of Corporate Merchandising and Design. Few years later, she got promotion and became Senior Vice President and Group President. In 2002, her excellent work helped her get promotion. As a result, Angela Ahrendts net worth rose as she started serving as Executive Vice President responsible for the complete line of products, service and development.

Nevertheless, she left the company and joined popular fashion company Burberry in 2006 where she took over the position of CEO. Angela Ahrendts net worth and experience both grew with this position. As a CEO of Burberry, her remarkable role was minimizing damage due to which the sale rose again. She also led buying of Spanish franchise. The company value rose from 2 billion pounds to 7 billion during her tenure. With her exceptional work, CNN Money calculated her salary and marked the highest paid CEO in the UK. She was then making $26.3 million.

In 2014, Angela Ahrendts net worth as she joined Apple.Inc as a member of its executive team. She was the Senior Vice President of Retail and Online Stores. During her tenure, she earned over $70 million in 2014. The amount is more than any other executive at Apple had earned. The only female executive at Apple, Angela Ahrendts net worth rose as she has 11 million USD worth of Apple shares by 2016.

Awards and Accolades

Angela Ahrendts net worth grew with her excellence demonstrated by her awards and valuable memberships. She is Crain’s New York Rising 40 under 40 and is the recipient of Outstanding Leadership Award offered by Oracle World Retail Awards in 2010. In the same way, St. George’s Society of New York awarded Ahrendts with Medal of Honor in 2011. Also, Shenkar College of Engineering and Desgin awarded her with Honorary Fellow.

Financial Times ranked her among 50 Women in Business. In addition, Fortune ranked her in Businesspeople of the Year in 2010, 2011 and 2013. Fortune also ranked her 4th in 2013 top people in Business. Likewise, Forbes ranked her in 100 Most Powerful Women in the World in for 6 times. Fortune has listed her in 50 Most Powerful Women in Business for 6 times too.

Personal Life and Net Worth

Ahrendts married her elementary school fellow Gregg Couch after their 17 years of long distance relationship. The couple has three children.

The family owned 12,000sq. ft. home on 8 acres plot in west of London. The high level business executive earned salary of $73.1 million. The massive salary has risen Angela Ahrendts net worth to $150 million according to the data available.

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