Richard Saghian net worth and salary

Richard Saghian net worth and salary

WHO IS Richard Saghian

Richard Saghian is an American businessman and the CEO of Fashion Nova. Fashion Nova is an instant fashion brand that has hit the skies rapidly.

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EARLY LIFE

Richard Saghian, an Iranian-American, was born on January 31, 1982, in California. He spent his childhood assisting out in his father's women's retail establishments

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CAREER

Richard started his company in 2006 in Los Angeles, where he sold his products at an affordable cost than other designer labels. He first launched a Fashion Nova store in California's Panorama Mall in 2006.

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Legal Actions

Playboy filed a trademark infringement lawsuit against Fashion Nova Inc. in Los Angeles in 2020. As per the civil suit, the Bunny mark includes the costume's "iconic bunny ears, tail, ribbon name tag etc.

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Philanthropy

Fashion Nova announced in 2020 that it would consider donating $1 million to an array of different justice organizations, notably Black Lives Matter, Know Your Rights Camp, and the NAACP Legal Defense and Education Fund.

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CARS HE OWNS

– Bugatti Chiron – Lamborghini Huracán – Rolls-Royce Cullinan – Lexus ES – Land Rover Defender

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NET WORTH - $50 MILLION

As of 2022, Richard Saghian's net worth is roughly $50 million who is the CEO of Fashion Nova.

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