Angela Ahrendts was born on the 12th June 1960, in New Palestine, Indiana USA and is a businesswoman. She was the general director for Burberry from 2006 to 2013. In 2014 she joined Apple to oversee its retail and online stores. Ahrendts is currently listed as 53rd in the list 100 Most Powerful Women in the World compiled by Forbes.
How much is the net worth of Angela Ahrendts? It has been estimated by authoritative sources that the outright size of the businesswoman’s wealth is equal to $100 million, as of the data presented in the middle of 2016. Business is the main source of Ahrendts net worth.
Angela Ahrendts Net Worth $100 Million
To begin with, Ahrendts was raised in New Palestine, a suburb outside Indianapolis, with six brothers. She graduated with a degree in Merchandising and Marketing from Ball State University, Indiana, receiving an Honorary Doctorate in Humanities from the same institution in 2010.
After graduation, Angela moved to New York with the intention of working in the fashion industry. After going through a series of positions, Ahrendts joined Donna Karan International in 1989, in which she worked on the development of the international luxury brand and licensing. Then, she was hired by Leslie Wexner for the company of Henri Bendel for business expansion in 1996. However, this project was cancelled by the executive board two years later, so she left and joined Fifth & Pacific Company as the Vice-President of Marketing and Corporate Design. In 2001, she was promoted to the Senior Vice-President of Merchandising Corporate and Group President; in her capacity, Angela was responsible for the commercialization of 20 brands, including Laundry by Shelli, Lucky Brand Dungarees and Liz Claiborne. In 2002, she was promoted again to the position of Executive Vice-President, which entailed responsibility for the entire product line of Liz Claiborne. Her net worth was rising steadily.
Afterwards, Ahrendts moved to Burberry at the beginning of 2006 and took over as CEO in July 2006, reversing immediately the falling prestige of the brand. The value of the company rose from two billion pounds to over seven billion during her tenure. CNN reported that Ahrendts was the highest paid CEO in the UK in 2012, with an annual salary of $26.3 million, which undoubtedly increased the total size of Angela Ahrendts net worth.
On the 15th October 2013, it was announced that Ahrendts would leave Burberry in the spring of 2014 to sign for Apple, as a member of its executive team. She took the position of the senior vice-president and oversaw its retail and online stores. In 2016, she owned $11 million worth of Apple shares, part of her remuneration; Ahrendts is the only female senior executive in the above mentioned company.
Moreover, Angela Ahrendts has won a number of awards during her career, including Oracle World Retail Awards, Outstanding Leadership Award (2010), St George’s Society of New York, Medal of Honour (2011) and many others.
Finally, in the personal life of the businesswoman, she is married to her elementary school sweetheart Gregg Couch. The couple has three children and currently lives in a house of 1,100 m2 in London.
